FEWER INGREDIENTS: WWD has learned that Ingredients.com laid off 10 of its 50 employees Feb.25.
“We launched at the busiest time of the year and staffed accordingly,” said Katherine Legatos, a founder and co-chief executive officer. “The layoffs were mostly in customer service, and we are streamlining operations to make them more efficient.”
In response to talk that the site might be having problems, Legatos added, “We’re on target and we’re so pleased with the growth and where we are.”
MONTANA SOLD: Groupe Clarins announced Monday it had sold its Parfums Montana division to Diana de Silva Cosmetiques SpA for an undisclosed sum.
“We have never believed in manufacturing and marketing products that are competing with one another,” said Serge Rosinoer, president of Clarins’s management board. He was referring in particular to fragrances by Parfums Montana and the company’s Parfums Thierry Mugler branch.The other official word is that the company wanted to be free to channel more energy into its Azzaro beauty brand.
But industry sources say Clarins sold Parfums Montana primarily because of its poor sales; they estimate it had a volume of $8.98 million in 1999. Figures are converted from the French franc at current exchange rates.
Next up for Parfums Montana is a new fragrance, Clarins said in a statement.