Company News

Blyth Looks To Breath Life Into PartyLite

Candles sales are down but new launches are on the way.

Author Image

By: TOM BRANNA

Editor

Blyth, Inc. reported earnings for the third quarter.Net sales for the three months ended Sept. 30, 2012 increased 40% to $268.8 million primarily due to the 132% year-over-year sales growth at ViSalus. On Oct. 29, after the close of the third quarter, the company announced the sale of its Sterno subsidiary to Candle Lamp Company LLC for $23.5 million in cash, completing Blyth’s strategic transformation from a multi-channel marketing company to a direct-to-consumer marketing company...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters