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Candle marketer feels effects of economy
April 3, 2009
By: TOM BRANNA
Editor
Blyth, Inc., a multi-channel designer and marketer of home fragrance products, home decor products and household convenience items, posted a 16% drop in net sales to $313.4 million for the fourth quarter ended Jan. 31, 2009. Net sales for the year ended Jan. 31, 2009 slipped 10% to $1.05 billion. Commenting on the company’s financial results, Robert B. Goergen, Blyth’s chairman of the board and chief executive officer, said, “The effect of unprecedented events in the U.S. econ...
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