AZUSA, Calif. — Third-quarter profits at Physicians Formula Holdings Inc. grew to $1.7 million, or 12 cents a diluted share, from $102,000, or a penny a share, in the same period a year ago because of tax benefits and a shift in timing of inventory returns.
The cosmetics firm, a leader in the bronzer market that produces mineral makeup and a brand called Organic Wear, registered sales of $20.3 million during the quarter ended Sept. 30, a 2.3 percent rise from $19.8 million in the year-ago period that was driven in part by a 30 percent increase in eye makeup sales.
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?"