Restoration Hardware plans to open full line design galleries in Greenwich, Atlanta and Los Angeles in 2014, and is currently in negotiations to open more than 30 locations in other key markets. The...
_ GREENWICH, Conn., Feb. 24, 2012 /PRNewswire/ -- Blyth, Inc. Mr. Kaufthal is a senior advisor at Irving Place Capital, a middle-market private equity firm based in New York City. Prior to joining Irving Place Capital in 2008, Mr. Kaufthal spent 8 years at Bear, Stearns & Company as Vice Chairman of Investment Banking. Prior to that he led mergers and acquisitions in investment banking as Vice Chairman of Schroder & Co for 13 years. Mr. Kaufthal currently serves on the Board of Directors for Tronox Incorporated, Cambrex and Edmunds.com. He is also Chairman at East Wind Advisors, an
Company Reports Strong Sales and Increased Normalized Profit Growth Blyth, Inc. Published: Thursday, Dec. 8, 2011 - 5:10 am GREENWICH, Conn., Dec. 8, 2011 -- /PRNewswire-FirstCall/ -- Blyth, Inc. (NYSE: BTH), a leading multi-channel designer and marketer of home fragrance and home decor, as well as health and wellness products, today reported that Net Sales for the third quarter ended October 31, 2011 increased approximately 33% to $220.2 million versus $165.4 million for the prior year period primarily due to significant year-over-year sales growth at ViSalus Sciences. International sales represented 40% of third quarter sales this year compared
Hurt by sluggish sales, Blyth (NYSE:BTH) slipped about 11% Friday after lowering its fiscal 2011 guidance amid tepid third-quarter earnings. Revenue for the Greenwich, Conn-based company was $215.5 million, down 3% from $221.6 million a year ago, though still beating the Street’s view of $195.7 million. Lower sales were led by softer volume in PartyLite, its catalog and Internet units, and food service, offset by gains in its ViSalus Sciences and Midwest-CBK businesses. Robert B. Goergen, Blyth's chief executive, said sales growth fell below management's expectations, attributing the losses to
In the United States, a mature market is the major blockade to finding new names, whereas overseas the challenge is not only finding lists but getting permission to mail to them. Business publication lists, says Stephen Eustace, team leader, international brokerage, at Acxiom/Direct Media in Greenwich, CT, are very good sources of names. The Business Week list, for example, gets used frequently, because 50 percent to 60 percent of the file includes home addresses, an optimal situation for mailing both consumer and business offers. What if you don't want to live by publication lists alone? You'll probably have to go off the beaten