The problem-solution cosmetics firm Physicians Formula Holdings Inc. managed to reverse a year-ago loss as it eyes new markets, retail channels and products to revive its business.
For the second quarter ended June 30, the Azusa, Calif.-based company posted a net profit of $591,000, or 4 cents a diluted share, compared with a loss of $2 million, or 14 cents a share, in the year-earlier quarter. Sales during the three months declined 8 percent to $21.1 million from $22.9 million in the year-ago period.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"