PartyLite Gifts, Inc News and Press Releases
PartyLite Gifts, Inc News |
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New Leadership Appointed for PartyLite Worldwide PartyLite Files 2 Million Distributor Lawsuit PartyLite Expected to Boost Bottom Line for Blyth PartyLite in the Portales News Tribune Partylite Employees Donate to Plymouth Relay for Life New PartyLite Worldwide President Announced For more information on PartyLite Gifts, Inc including the company's current rank in our home business index, please click here. |
New Leadership Appointed for PartyLite Worldwide |
Press Release | 1/5/2012 GREENWICH, Conn., Jan. 4, 2012 -- Blyth, Inc., a leading direct selling and direct marketing company focused on home fragrance, home decor and products that support healthy living, today announced that Robert B. Goergen, Jr. has been appointed President, Direct Selling Group and President, PartyLite Worldwide. Mr. Goergen, Jr. succeeds Anne M. Butler.Mr. Goergen, Jr. has been president of the Company's multi-channel group since 2007. He leads business development and corporate technology initiatives for Blyth and is a member of the Office of the Chairman. Mr. Goergen, Jr. joined Blyth in 2000 as Director, Internet Strategy and E-Business Initiatives Group. Prior to joining Blyth, Mr. Goergen, Jr. served as Account & New Media Director for McCann-Erickson where he managed E-commerce development and Internet marketing efforts for consumer products and services accounts. He holds a bachelor's degree from the University of Richmond and a master's in business administration from The Wharton School at the University of Pennsylvania. Ms. Butler joined PartyLite in 1999 as President, PartyLite Europe and became President, PartyLite International, in 2003. She played a key leadership role during years of rapid international expansion for PartyLite, opening 6 new PartyLite markets in Europe, Mexico and Australia and positioning PartyLite as a global party plan competitor. "Anne brought a wealth of direct selling executive experience to PartyLite, having worked in the United States and abroad for more than 25 years at leading direct selling companies," said Robert B. Goergen, Blyth's Chairman of the Board and Chief Executive Officer. "She has been a key partner to me and Blyth's Office of the Chairman for the past four years. I am proud of Anne's accomplishments and support her desire to transition to additional entrepreneurial activities and the next phase of her life." Mr. Goergen continued, "During the last two years, Rob has played an active role in overseeing new Blyth investments in PartyLite in addition to his responsibilities for the Multi-Channel Group. He has worked closely with PartyLite management teams in North America and Europe. This is an exciting time for PartyLite Worldwide." Mr. Goergen, Sr. will assume direct responsibility for the Multi-Channel Group during Mr. Goergen, Jr.'s tenure at PartyLite.
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PartyLite Files 2 Million Distributor Lawsuit |
Npros.com | 8/27/2010 PartyLite filed a lawsuit this week arguing that a St. Louis woman should pay $2 million in damages for a cross-recruiting party held at her home.The PartyLite lawsuit alleges that Mary Grace Lewandoswki, a top distributor, held a BBQ at her home in July to announce she was leaving PartyLite for Park Lane Jewelry. The suit alleges: Specifically, on or about July 14, 2010, PartyLite received information during interviews with certain salespeople in the downline sales force on which Lewandowski earned commissions (the "Serendipity Region" sales force), that Lewandowski had invited a number of salespeople in the Serendipity Region to a so-called "barbecue" at her home. According to these communications, during the course of the barbecue ... Lewandowski made an announcement in her living room to the PartyLite salespeople that she "had left" PartyLite. When asked why she had left PartyLite, Lewandowski made repeated statements that she "knew something" that the members of the Serendipity Region downline salesforce did not know.
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PartyLite Expected to Boost Bottom Line for Blyth |
Npros.com | 4/13/2010 Blyth, Inc., parent company of Partylite, attributes their expected increase in sales to the PartyLite division. The company has seen net sales rise by 3% in the past year....Shares of Blyth, Inc. soared on Friday after the company reported better-than-expected fourth-quarter results and gave a stronger than expected full-year view. The home-fragrance and design store projected fiscal 2011 earnings in the range of $3.20 and $3.50 a share, easily topping analyst projections for full-year earnings of $2.25 a share. The company cited its expectations for high sales from its PartyLite division, as well as margin improvement in the Miles Kimball Co. and cost reductions associated with the merger of Midwest-CBK... The full article can be found at the link below. |
PartyLite in the Portales News Tribune |
Portales News Tribune | 10/5/2008 Information on creating ambiance in the home, tips to motivate a child to get to a healthy weight, and making tassels for lampshades will be the featured topics on “Creative Living” at noon Tuesday and at 2 p.m. Saturday.According to Jill Roe, consultant with PartyLite, it doesn’t take a design degree or a big budget to create ambiance in the home. She’ll show how to add a few simple pieces to create instant drama in any room... |
Partylite Employees Donate to Plymouth Relay for Life |
The Patriot Ledger | 5/13/2008 The Greater Plymouth Relay For Life is still weeks away, but it is already closing in on a milestone $1 million in pledges for the American Cancer Society.A $14,000 donation by PartyLite employees raised this year's total to $899,000 for the annual event, which will be held June 20 and 21. Teams of families, friends, churches, neighborhoods and businesses will walk the track at Plymouth South High School throughout the night. This event will begin with a reception for cancer survivors at 5 p.m., followed at 6 by opening ceremonies and a victory lap for survivors. Other activities will include a luminaria ceremony, music and games. |
New PartyLite Worldwide President Announced |
RTTNews | 5/26/2007 Butler joined the company in 1999 as president, PartyLite Europe and assumed increased responsibility during her tenure. She became president, Europe and New Markets in 2000, and was subsequently named president, PartyLite International, in 2003. Prior to joining PartyLite, Butler worked for leading direct selling companies, including Avon, Aloette Cosmetics and Mary Kay.
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Blyth Posts Quarterly Profit Results |
Forbes | 4/6/2007 The company reported a profit of $17 million, or 43 cents per share, compared with a loss of $12.3 million, or 30 cents per share, a year ago.Blyth recorded a goodwill impairment charge of $12 million, or 19 cents per share, in the current quarter versus a charge of $53.3 million in the prior-year period. Adjusted earnings were $39.8 million, or $1 per share, versus $25.8 million, or 63 cents per share. Analysts surveyed by Thomson Financial forecast earnings of 60 cents per share. Quarterly revenue for the period ended Jan. 31, 2007 dipped 0.2 percent to $379.8 million from $380.7 million. The prior-year's results included $3.1 million in sales from the Impact Plastics operation, which was sold in the fourth quarter of last year.
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New Partylite President Appointed |
Press Release | 10/30/2006 Blyth, Inc. Announces Direct Selling Segment North American Management AlignmentGREENWICH, Conn., Oct. 30, 2006 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home decor and home fragrance products, today announced the appointment of JP Trottier to President, PartyLite U.S. and Vice President, North America. Mr. Trottier joined Blyth in 2005 as President, PartyLite Canada and has been instrumental in growing sales in that market. PartyLite, a wholly-owned subsidiary of Blyth, Inc., is a direct sales company for candles and accessories with more than 44,000 independent sales consultants in 11 countries across North America, Europe and Australia. Mr. Trottier will continue to report to Jim Mannion -- President, PartyLite North America, who assumes additional responsibility for Global Marketing. Mr. Mannion joined Blyth in 2000 as Vice President, Product Marketing and Research and assumed responsibility for PartyLite U.S. the following year and PartyLite Canada in 2004.
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Partylite Parent Blyth Declines on Downgrade |
Chron.com | 10/24/2006 Blyth Declines on Analyst DowngradeNEW YORK — Shares of Blyth Inc., which makes candles and other home accessories, fell Monday after an analyst downgraded the company, citing high raw material costs and stalling momentum in the company's direct selling business. Shares tumbled $2.30, or 8.9 percent, to $23.65 in afternoon trading on the New York Stock Exchange. The stock has traded between $16.29 and $26.25 over the past year. |
Partylite Parent Blyth Surges on Guidance |
TheStreet | 9/4/2006 Blyth (BTH - commentary - Cramer's Take) surged 13% after it swung to a loss in the second quarter, hurt by a goodwill impairment charge. The Greenwich, Conn.-based company lost $89.4 million, or $2.24 a share, in the quarter, compared with the earnings of $4.2 million, or 10 cents a share, a year ago. Adjusted for goodwill impairment charge and loss from discontinued operations, the company earned 13 cents a share in the most recent quarter. Analysts surveyed by Thomson First Call were expecting loss of 4 cents a share. |
Partylite Parent Co Snuffs Euro Biz |
Giftsanddec.com | 9/4/2006 Greenwich, CT — Blyth Inc., a candle and decor vendor, discontinued its European wholesale businesses (Edelman, Euro-Decor, Gies and Colony) during the second quarter ended July 31. The company reported loss of $68.6 million, or $1.72 per share, during the quarter, primarily because of impairment charges related to Gies and Colony. Gies was sold after the end of the quarter. |
Partylite Convention |
St Louis Today | 7/20/2006 On a day that felt hot enough to melt wax, 7,500 eager candle saleswomen gathered downtown Wednesday to talk about ways to fire up sales.The event is the annual national convention of PartyLite Gifts, a company that sells candles through in-home party shows, a la Tupperware. The conventioneers heard motivational speeches and studied the candle displays for sales-inducing ideas. Good thing the America's Center air conditioning worked, sparing conventioneers and displays from the wilting 100-degree heat outside. The running gag up and down the main hall was about protecting the merchandise. "Heat is not good for candles," quipped Gina Murphy, events coordinator for the company, based in Plymouth, Mass. |
Partylite Parent Posts 1Q Loss |
Reuters | 6/6/2006 LOS ANGELES, June 1 (Reuters) - Candle maker Blyth Inc. (BTH.N: Quote, Profile, Research) on Thursday posted a net loss on charges and net sales that fell 4 percent on weak sales in its PartyLite U.S. direct selling business and higher commodity costs.The company's net loss for the first quarter ended April 30 was $30.6 million, or 75 cents per share, compared with net income of $10 million, or 24 cents per share, a year earlier. Net sales fell to $327.5 million from $342.8 million in the year-earlier quarter. |
Partylite Parent Corp Sells Off Euro Companies |
North-West Evening Mail | 5/10/2006 COLONY CANDLES PUT UP FOR SALEA CANDLE factory which employs 175 workers is up for sale. Staff at the Colony Gift Corporation in Lindal were told yesterday that American owner Blyth Incorporated is selling off all its European home fragrance and candles companies. A second big Barrow candle factory owned by Blyth Inc at Sandsale, CCW Ltd, is not affected and will continue as part of the US group. It makes a different type of candles, sold via PartyLite house parties. There is speculation that one firm interested in buying Colony is Europe’s biggest wax maker CSS of Turin. It owns Price’s, which supplies dinner candles to the Royal Family, but whose candles are all now made in Italy. Despite being up for sale, bosses of the 26-year-old Colony company were upbeat. Colony managing director Louise McMahon said: "We don't want any scaremongering because it is business as usual for us. "There is nothing that I am aware of that is going to change at Lindal because we are being sold. "A number of people are looking to buy us." Colony was founded by Alan, Sue and Jill Williams, who sold it in 2001. The trio were tragically killed in a plane crash in Africa last year. |
Partylite Reports Earnings |
Blythe, Inc | 4/21/2006 Blyth, Inc. Reports 4th Quarter and Full Year Sales and Earnings GREENWICH, Conn., March 30, 2006 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today reported that Net Sales for the fourth quarter ended January 31, 2006 declined 3.6% to $480.6 million compared to $498.8 million a year earlier. Excluding the adverse impact of foreign currency movement, fourth quarter Net Sales were approximately even with last year. Operating Loss for the quarter was $6.7 million compared to Operating Income of $65.0 million for the prior year period and reflects a one-time non-cash goodwill impairment charge of $53.3 million pre-tax, or $0.94 per share, arising from a re-evaluation of the goodwill associated with the Wholesale segment. The Company also recorded a book loss of $1.6 million, or $0.02 per share, on the sale of the Impact Plastics business during the fourth quarter. Net Loss for the quarter was $12.3 million versus Net Earnings of $39.2 million a year earlier and includes a previously-announced one-time tax expense of $9.1 million, or $0.22 per share, to recognize the income tax liability associated with repatriating $130 million in foreign earnings, previously considered permanently reinvested in non-U.S. legal entities, under the American Jobs Creation Act of 2004. Also reflected in the fourth quarter Net Loss are tax credits of $8.5 million, or $0.21 per share, primarily due to the reversal of contingent tax liabilities and also due to prior year true ups. Diluted Net Earnings Per Share for the quarter was a loss of $0.30 per share compared to earnings of $0.95 for the same period last year. Excluding the adverse effect of the goodwill impairment charge, the sale of the Impact Plastics business and the tax on repatriated European funds, as well as the benefit of the tax liability reversal and true up, fourth quarter Earnings Per Share would have been $0.67 this year versus $0.95 in last year's fourth quarter. |
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