NEW YORK — Physicians Formula Holdings Inc. continued to expand its retail reach in the first quarter, and gain traction with new product launches, including its Organic Wear makeup range.
The problem-solution makeup brand reported Monday that its quarterly net income was $5 million, or 34 cents a diluted share, compared with $4.3 million, or 30 cents a share, in the year-earlier period. Net sales for the first quarter ended March 31 gained 19.6 percent to $42.7 million, compared with $35.7 million in the year-ago period.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)