NU-NET: Nu Skin Enterprises Inc.’s second-quarter profits leapt 55.7 percent to $18 million, or 22 cents a share. Adjusting for an accounting change, which eliminates goodwill amortization in the year-ago period, net income jumped 35.6 percent....
NU-NET: Nu Skin Enterprises Inc.’s second-quarter profits leapt 55.7 percent to $18 million, or 22 cents a share. Adjusting for an accounting change, which eliminates goodwill amortization in the year-ago period, net income jumped 35.6 percent. Sales for the quarter ended June 30 improved 12 percent to $244.9 million. In constant currencies, sales picked up 13 percent in the quarter. The Provo, Utah-based firm, which will enter China in early 2003, said it’s on pace to exceed its previously-stated operating margin goal of 10 percent for the year.
CAMP CARE: Responding to the families of victims of Sept. 11 who didn’t want to be apart from each other this summer, the Gift of New York and Revlon have teamed together to bring summer camp activities to families right here in NYC.Revlon hosted an event this month at the Sea Lion Tank in Central Park to launch the Gift of New York ‘Revlon Cares Summer Camp.’ Dozens of kids, parents and caregivers showed up, including Andrew Tisch, chairman, Gift of NY and Loews Corp. executive committee; and Jack Stahl, Revlon's ceo.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)