Boldface ships holiday merchandise
SANTA MONICA, Calif. — Boldface Group has shipped its first wave of holiday merchandise to several retailers around the country, the company said Thursday.
The beauty products maker said it had shipped faux eyelashes, mascara, lipstick sets and others to retailers like CVS, Duane Reade, Kmart, Fred Meyer, Meijer, Ulta and others. The products include Lash Dash Faux Lashes, Kardazzle Alll Over Face Palette Kits, Au Naturel Lip Sets and Khroma Beauty by Kourtney, Kim and Khloe Kardashian.
The company said a comprehensive launch of 62 SKUs will follow this initial holiday product launch in first quarter 2013 with an item-based color range and such items as Kurve Powder Compact, M$M Pre-Make-Up Gelee and Intimate Spotlight Illuminator.
Nutra Nail launches holiday collection of Gel Perfect nail polish
EAST RUTHERFORD, N.J. – Nutra Nail announced Wednesday the launch of its Bling It On Limited Edition Nutra Nail Gel Perfect color collection, which features six sparkling, festive shades fit for the holidays.
Gel Perfect is the first and only at-home gel polish that sets in just five minutes with no UV/LED light needed, creating a shiny patent leather look comparable to that of a professional mani/pedi. The Bling It On Collection includes such new shades as Ruby Slippers, Purple Luxe, and Gold Strike. The new collection will be available through December 2012 at Rite Aid, Walgreens, CVS, Duane Reade and other retailers for a suggested retail price of $11.99.
Nutra Nail also produces No-Mess Express, which removes the gel nail polish in two minutes using a patent-pending pouch delivery system designed to concentrate remover on nails where it is most needed. No-Mess Express contains aloe and lanolin, making it safe and gentle for use on nails. No-Mess Express is available at drug, food and supercenter stores nationwide with a suggest retail price of $5.99.
Estée Lauder posts first-quarter results
NEW YORK — Estée Lauder reported a solid financial performance for its first quarter ended Sept. 30, 2012. The company reported net sales of $2.55 billion for the quarter, a 3% increase compared with $2.48 billion reported in the prior-year quarter.
Excluding $0.4 million charges associated with restructuring activities in the first quarters of fiscal 2013 and 2012, net earnings rose 11% to $312.1 million. Diluted net earnings per common share rose 12% to $.79 versus a comparable $.70 in the prior-year period.
Estée Lauder president and CEO Fabrizio Freda said he was “pleased and encouraged” with the first-quarter results “even in softer markets.” Freda said the company is “confident that we have developed the necessary agility to manage our business effectively. We expect that we will grow our sales 6% to 7% in local currency this fiscal year, or double the rate of global prestige beauty, while raising the lower end of our earnings per share range.”
The company’s performance was due to solid overall business, particularly from its largest brands. The company generated local currency sales gains in each of its product categories and geographic regions. Sales growth was particularly strong in the United States and overall in emerging markets, along with solid gains in certain developed countries.