Financial News

Sales Slip at Blyth

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By: TOM BRANNA

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Blyth, Inc. posted a 32% decrease in net sales for the three months ended June 30, 2013 to $211.7 million. According to the company, this is primarily due to lower sales at ViSalus and, to a lesser extent, at PartyLite; while Miles Kimball reported a sales improvement.   “We continue to see evidence that focusing on direct-to-consumer sales is the right strategy for Blyth and that our investments in technology are a critical underpinning to that strategy,” said Robert B. Goergen, chairman and CE...

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