DALLAS -- BeautiControl Cosmetics reported that fourth-quarter earnings, driven by strong sales of a new alpha-hydroxy acid-based treatment product, soared to $837,380, or 12 cents a share, from $96,819, or 1 cent, a year ago.
DALLAS -- BeautiControl Cosmetics reported that fourth-quarter earnings, driven by strong sales of a new alpha-hydroxy acid-based treatment product, soared to $837,380, or 12 cents a share, from $96,819, or 1 cent, a year ago.Sales for the quarter ended Nov. 30 rose 23 percent to $17.2 million, from $14 million. A spokeswoman for the direct sales company, based in Dallas, said the Regeneration line of alpha-hydroxy products accounted for 14 percent of sales in the quarter.Richard W. Heath, president and chief executive officer, said the strongest performance was by Regeneration for women, items for the face and body that were introduced in August.Regeneration for men was launched in November.Fourth-quarter results were also boosted by a 16 percent increase in the number of direct-sales consultants, Heath said. The spokeswoman said the number of consultants, now 37,728, are expected to increase at least another 16 percent next year.Despite the strong fourth quarter, BeautiControl's earnings for the year declined 36.3 percent, to $3.1 million, or 44 cents, from $4.9 million, or 65 cents.The spokeswoman said the firm spent about $1 million in the first six months testing an infomercial aimed at recruiting door-to-door sales reps. The expenditure brought per-share earnings down by 9 or 10 cents for the year. She added that in the first half, the company did not introduce any products.Sales for the year rose 6.3 percent to $63.9 million from $60.1 million.
“I grew up in New York but I hadn’t really experienced the city in any type of touristy way…This was probably the first museum I really explored and took the time to see,” said @haileybaldwin of the @whitneymuseum. On Tuesday night, Baldwin was joined by Jemima Kirke and more at the annual Whitney Museum Gala and Studio Party, which honored Lorna Simpson, Joanne Leonhardt Cassullo and Beth Rudin DeWoody. See more photos on WWD.com. #wwdeye (📷: @lexieblacklock)
Displayed starting this week at the @fashiontextilemuseum: An exhibition on designer @orlakiely titled “Orla Kiely: A Life in Pattern,” which spans two decades and contains more than 150 pieces. “I want people to come away loving pattern and print. It’s something that makes you feel so good,” said the designer during a preview of the exhibit. Also on show are mood boards, samples, sketches and more. Head to WWD.com to see more photos. #wwdfashion
Exclusive: @dsquared2 signs fragrance licensing agreement with Euroitalia, with the first effort of the new partnership being unveiled in September. The brand will launch two scents – one for men and one for women – in Italy. Read our interview with designer Dean and Dan Caten on WWD.com. #wwdbeauty #wwdnews (📷: @zefashioninsider)
@louisvuitton has officially renewed Nicolas Ghesquière’s contract as artistic director of women's collections. "I am very pleased to open the next chapter of the story I started with Louis Vuitton almost 5 years ago," said Ghesquière, who first signed on to design the French luxury brand's women's line in 2013. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @giovanni_giannoni_photo)
“I learned then and there that I had to figure out a way in life to maintain and preserve my sense of pride when I felt good about what I did or what I represented or created,” said @saintrecords on how being bullied for wearing capri pants inspired her to be the artist she is today. Knowles was at the 70th Parsons Benefit last night where she outbid the room for a Dapper Dan customized @gucci experience. #wwdeye (📷: @lexieblacklock)
“There’s this amazing braintrust of people who know the whole universe so well. So we talked to them and they gave us more input,” said actor Alden Ehrenreich on playing the young Han Solo in “Solo: A Star Wars Story.” The cast was at NYC’s SVA Theatre last night for an advanced screening of the film, which hits theaters this week. #wwdeye #starwars #hansolo (📷: @aurorarosedecrosta)
@asaprocky spent nearly two hours in a Plexiglas box Sunday night at @sothebys putting himself through a series of “tests” to demonstrate the process of completing his new album called “Testing.” Get all the details and see all the pictures on WWD.com. #wwdeye
“I’ve struggled my whole life to find a bathing suit that fits me that doesn’t look like a maternity bra. I’m proud of the line because it’s an accurate representation of me rather than me putting on someone else’s clothes,” says @atlantabean of her swimwear collaboration with @piaarrobio, LPA X ATL. The two decided on a swimwear collab and increased the industry standard size for the pieces. Read more about the line — and our interview with de Cadenet Taylor and Arrobio — on WWD.com #wwdfashion (📷: Dan Doperalski)