Styleclick.com Unveils New e-commerce Site in Japan
Posted Tuesday, March 14, 2000 - 12:46 by BeautyCare.com
Styleclick.com Unveils New e-commerce Site in Japan
http://www.Styleclick.co.jp - Serving Japan's Consumer Market
LOS ANGELES, March 14 /PRNewswire/ -- Styleclick.com (Nasdaq: IBUY), a
leading Internet-based merchandising, sales, and services organization, today
unveiled its e-commerce Web site to Japan's online consumer market. The site,
located at http://www.styleclick.co.jp, is providing Japan's consumer market with a
comprehensive selection of style-related products created by top Japanese
designers.
Among the site's state-of-the art features include virtual reality online
retail stores for vendors. These virtual stores enable consumers to enjoy
shopping within vendors' unique environments; experiencing the look and feel
of the different stores as well as vendors' individual products. The site's
"Shopping Department" treats consumers to a variety of specially merchandised
shops and brands. Among featured vendors are young women's favorites such as
gout commun (clothing), LIL (bags) and Surge (T-shirts), produced by Grand
Cascade Inc. Designer brands include Ritsuko Shirahama, Yoshiyuki Konishi,
Dislocation by Toshiyuki Fuchigami, and many more. Additionally, the site
enables vendors to integrate their on and off-line consumer reach by providing
consumers with the opportunity to shop online via Flash enhanced product
showcases, as well as check out locations of vendors' brick and mortar retail
stores. Consumers can peruse retail stores and designer boutiques in
Harajuku's famous garment district such as Hysteric Glamour, INDEX, UNITED
ARROWS, GAP, Uniqlo, and more. The site also features style-related news and
a fully-stocked gift guide section.
"Along with Styleclick-JP, Inc., we're pleased to bring Japan's massive
inventory of style-related products on to the Internet and to provide online
shoppers throughout the nation with unlimited access to apparel, cosmetics,
accessories, footwear, and other high demand style-related merchandise," said
Maurizio Vecchione, President and co-Chief Executive Officer, Styleclick.com.
"Using our proprietary e-merchandising platform to create unique online
shopping environments catering to consumers' personalized needs, we're
enabling vendors and designers throughout Japan to extend their sales and
consumer reach via the Internet."
Launching as Styleclick.com Inc.'s first global initiative, the new site
replicates the company's successful Styleclick.com e-commerce business model,
as well its organizational and operational structure. Via a services and
licensing agreement with Japan-based Internet content service provider,
Styleclick-JP, Inc., Styleclick.com is assisting Styleclick-JP, Inc. in
building and managing the new Web site and will receive ongoing revenues from
the site's transactional sales.
"Replicating Styleclick.com's proven-successful business model was
essential in facilitating our fast and easy entry into Japan's e-commerce
arena," stated Brian M. Hayashi, President of Styleclick-JP, Inc. "With
http://www.styleclick.co.jp, top brands of all sizes are now able to conduct business
online, and consumers throughout Japan will have access to easy, convenient
shopping for style-related merchandise."
The launch of http://www.styleclick.co.jp marks the first of its three-phase
expansion throughout Japan. Styleclick-JP, Inc. is currently in the process
of growing the site's client roster of Asian vendors, retailers, and
manufacturers of style-related products and will soon launch an extensive
marketing and advertising campaign supporting the site to the trade and
consumer market throughout Japan.
Styleclick.com Inc. (Nasdaq: IBUY), provides retailers and manufacturers
with comprehensive e-commerce services and consumers with an enhanced online
shopping experience. Styleclick.com Inc.'s flagship site, located at
http://www.styleclick.com, provides an easy environment to shop for in-style fashion
and accessories from one of the Internet's largest collection of brands. In
January, Styleclick, Inc. and USA Networks Interactive, a division of USA
Networks, Inc. (Nasdaq: USAI), announced an agreement to form a new company by
merging USA's Internet Shopping Network (ISN) and Styleclick.com. The new
company will represent one of the leading Internet-based merchandising, sales
and services companies by providing brand name retail opportunities to
consumers, and third-party retail services to businesses. The new company
will also leverage the complementary infrastructure of USA Electronic Commerce
and Services, another division of USAi, in the servicing, marketing, sales and
fulfillment of its e-commerce platform and brands.
SOURCE Styleclick.com Inc.
Comments (2)
French Fragrances Selects e-Intelliprise From American Software
Posted Tuesday, March 14, 2000 - 12:38 by BeautyCare.com
French Fragrances Selects e-Intelliprise From American Software
American Software Combines With IBM Global Services
To Develop e-Commerce Solution
ATLANTA, March 14 /PRNewswire/ -- American Software USA (Nasdaq: AMSWA)
today announced an agreement to develop and implement an e-commerce business
solution for French Fragrances, Inc. (FFI), a leading manufacturer and
marketer of prestige fragrances. American Software will implement
e-Intelliprise(TM), the first Internet-ready front-to-back office solution,
and provide off-site implementation and application hosting services during
the installation phase. This arrangement avoids draining customer resources
during the non value-added period of implementation.
"After a comprehensive review of e-business solution providers, we chose
American Software to help us realize our e-business vision rapidly and cost-
effectively," said Scott Beattie, French Fragrances CEO. "American Software
understood the complexity of delivering the solution we needed and the
flexibility of e-Intelliprise addressed our need for innovation and
competitive advantage."
American Software's e-Intelliprise is a seamlessly integrated solution for
e-business. Its design, incorporating front-office e-business content
directly derived from the back-office ERP execution systems, is unique among
e-business implementations. Working with American Software, IBM Global
Services (IBM) will provide additional project management and web-creative
services to the French Fragrances e-business project.
"We are excited about the opportunity to work with American Software to
create a far-sighted e-business solution for French Fragrances," said Jack
Wilkerson, Managing Principal of IBM Global Services. "The ability of
e-Intelliprise to incorporate front office content from the back office ERP
will give French Fragrances a distinct e-business advantage."
The e-Intelliprise suite allows a user to deploy all ERP functions over
the web without a separate implementation. This capability eliminates the
financial and timeliness issues usually associated with traditional e-business
implementation. The alert-enabled business intelligence of the solution
allows users to easily monitor operational efficiencies via the Internet and
gain competitive advantage when business-critical events occur.
"Our e-Intelliprise suite is designed to facilitate the exchange of
information, integrate practices and solve complex e-business problems," said
James C. Edenfield, president and CEO of American Software. "The combined
strengths of e-Intelliprise and IBM Global Services will transform French
Fragrances into an innovative e-business model."
Using e-Intelliprise leverages the power and value of an ERP solution
throughout the supply chain by providing:
* Out-of-the-box total e-business solution
* Web-enabled order processing
* Ready-to-use business intelligence
* Standardized best practices for traditional and e-business operations
* Established business profiles and rules by user
* Enhanced collaboration with trading partners
* Flexibility to perform traditional or flow manufacturing
* Complete financial and operational insight, comprehensive trading
partner analysis and the benefit of a unified enterprise
About French Fragrances
French Fragrances is a rapidly growing manufacturer and marketer of
prestige fragrances and related skin treatment and cosmetic products. French
Fragrances sells its products to more than 35,000 retail locations, including
department stores, mass merchants, drug stores, and independent fragrance,
cosmetic and specialty stores.
About American Software
Based in Atlanta, American Software develops, markets, and supports one of
the industry's most comprehensive offerings of integrated e-business
applications and services. The Company's integrated applications deliver
e-business solutions that give customers control over their front office,
manufacturing, supply chain, logistics/ distribution, human resources and
finance processes across a wide range of industries internationally. For more
information, contact: American Software; 470 E. Paces Ferry Rd., Atlanta, GA
30305. (404) 261-4381. FAX: (404) 264-5206. Home page: http://www.amsoftware.com .
Intelliprise is a trademark of American Software.
SOURCE American Software USA
Comments (2)
Allou Health & Beauty Care, Inc. Establishes a Strong Presence Throughout Canada
Posted Tuesday, March 14, 2000 - 12:36 by BeautyCare.com
Allou Health & Beauty Care, Inc. Establishes a Strong Presence Throughout Canada as a Result of an Agreement to Distribute Its Products to Mass
Merchandisers Including, Wal*Mart and Shoppers Drug Mart
Ontario Distribution Center Ensures Service Excellence
BRENTWOOD, N.Y., March 14 /PRNewswire/ -- Allou Health & Beauty Care, Inc.
(Amex: ALU) today announced that it has reached an agreement with an Ontario,
Canada based distribution center, resulting in Allou distributing its products
to leading mass merchandisers operating throughout Canada, including Wal*Mart
(NYSE: WMT) and Shoppers Drug Mart.
David Shamilzadeh, senior vice president and chief financial officer,
stated, "This transaction ensures our valued customers unparalleled Just-in-
Time deliveries and quality service, which we are confident will contribute to
Allou's future top and bottom line performance."
Founded in 1962, Allou Health & Beauty Care, Inc. is the premier
distributor of over 22,000 nationally advertised health and beauty aid
products, branded and generic prescription pharmaceuticals, prestige designer
fragrances, cosmetics and branded non-perishable foods. Through its
wholly-owned subsidiary Stanford Personal Care Corporation, the Company
manufactures upscale hair care and skin care products. Allou's account base
consists of 4,200 independent drug and convenience stores and the leading
national chain stores.
This release may include forward-looking statements concerning Allou's
intent, belief or current expectations with respect to, among other things,
trends affecting its financial condition or results of operations and its
business and growth strategies. Such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties that may
cause actual results to differ materially from those projected, expressed or
implied. Allou does not undertake any obligations to update or revise any
forward-looking statements.
SOURCE Allou Health & Beauty Care, Inc.
Comments (2)
Vital Living Products, Inc. (VLPI) 1999 Earnings Double Previous Forecast
Posted Tuesday, March 14, 2000 - 12:21 by BeautyCare.com
Vital Living Products, Inc. (VLPI) 1999 Earnings Double Previous Forecast
MATTHEWS, N.C., March 14 /PRNewswire/ -- Vital Living Products Inc.,
(OTC Bulletin Board: VLPI) d.b.a. American Water Service, manufacturer of the
award winning PurTest(R), America's only comprehensive national brand of
do-it-yourself home water testing products, announced today its 1999 earnings
were more than double its previous forecast due to a greater than expected
extraordinary gain. The 1999 audited financials reveal earnings of $.85 per
share versus the 1998 loss of $.39 per share. VLPI had estimated 1999
earnings at $.40 per share due to extraordinary gains resulting from a series
of agreements with its primary lender offset against operating deficits. The
agreements included debt forgiveness and stock for debt and equipment.
Donald R. Podrebarac, VLPI's President and CEO stated, "Our 1999 earnings
performance was driven by a greater than expected extraordinary gain of
$1.16 per share and better PurTest sales and margins than in 1998." He
continued, "While 1999 still produced operational deficits, our growth in
distribution has made us the industry leader and has set the stage for an
exciting and challenging 2000." He concluded, "We are going to concentrate
our resources and capital on continuing double digit distribution growth,
development of new products and strategic partnering."
The PurTest line of water test kits gives consumers a laboratory certified
product to check their water at home, quickly and accurately, for Bacteria,
Lead, Iron, Nitrates, Nitrites, Copper, Hardness, pH and other conditions or
contaminants.
PurTest is now available in about 20,000 locations nationwide and has
created a new section in plumbing departments and for water treatment and
filtration. It spurs sales of existing water products being offered by
retailers. After receiving national acclaim and endorsements by several
notable organizations, PurTest was recommended by Consumer Digest and picked
up by Today's Homeowner magazine as a "Best New Product for 2000."
For more information about PurTest or on-line investor information on
Vital Living Products, Inc, please contact Sandy Coughlin at 1-800-788-4825,
visit VLPI online at: http://www.purtest.com, or email
water@americanwaterservice.com. Brokers and analysts call Kathryn Jensen at
Stockcom, Inc. 877-878-6909 or email ceo@stockpr.com .
Safe Harbor statements under the Private Securities Litigation Reform Act
of 1995: This announcement may contain "forward looking" statements.
Although we believe that the statements contained in the announcement are
reasonable, we can give no assurances that such statements will prove correct.
SOURCE Vital Living Products
Comments (3)
L'eggs website
Posted Tuesday, March 14, 2000 - 12:19 by BeautyCare.com
NEW YORK, March 14 /PRNewswire/ -- Live from the Internet ... it's the new
L'eggs website at http://www.leggs.com! The new site offers women a wealth of relevant product information to help them find the L'eggs brand that best suits their hosiery needs and lifestyle. Reinventing itself with a creative
flair, L'eggs has evolved a general interest, content-driven site into an
educational, interactive site showcasing pertinent product information in an
entertaining, dynamic environment for fashion-conscious, web-savvy women.
"The Internet is continuously evolving, therefore so must our site,"
explains Sidney Falken, Vice President of Marketing for L'eggs Products.
"Today's savvy consumer wants information on our brand's special attributes so
they will be able to make an informed purchase decision. In the new site, we
have provided this information in a fresh and fun way."
Created by DDB Digital - Chicago, the new L'eggs website has an
easy-to-use graphic interface that makes for simple navigation. Egg-shaped
icons and corresponding rollovers introduce users to the core line of L'eggs
products, while navigational toolbars provide convenient links to sub-brands
and an online store where consumers can purchase products. Shockwave
animation, combined with relevant and dynamic text, make for an interactive,
engaging experience.
An exciting element of the new site is the addition of electronic animated
greeting cards, called Energized Moments(TM). Sponsored by L'eggs Sheer
Energy, these e-cards enable site visitors to send to family and friends a
note of inspiration to "brighten up their day." With music and animation,
the three e-cards aptly titled Breathe, Smile, and Simplify, urge the receiver
to take a moment out of their busy schedule to relax and re-energize.
Another element of the new site gives the user the chance to "give their
creative spirit L'eggs," by experiencing fashionable L'eggswear products
through an interactive experience, named, "Mannequin Makeover(TM)." Inspired
by its consumer print ad campaign, the interactive feature is fun, innovative,
and allows users to see how styles of L'eggswear tights, trouser and casual
socks look on the mannequin's legs, along with other accessories. Perfect for
demonstrating a sense of personal style, the user can even post their "works
of art" in the site's online gallery.
Women can also come back to the site to learn about new product offerings
in the "What's New" section. Spotlighted in this section are two new
products, Bare L'eggs and Just My Size Naturally Bare. These new products
provide virtually invisible coverage for your legs with only a hint of color
to enhance your leg's natural beauty and reveal a nearly flawless finish.
Made from luxurious Sideria yarn, these products bring the technology of skin
tone enhancing, department store style hosiery brands to the mass consumer.
L'eggs has enjoyed a history of recognition for its website. The
company's first website received a 1996 Clio Award in the field of
cyber-advertising. Combining subtle marketing of L'eggs products with a
variety of other educational and entertaining resources, the website succeeded
in being a leading-edge marketer.
"We were thrilled in 1996 to receive this award, and are hopeful that the
new site will live up to the user's expectations," says Falken.
L'eggs Products, the nation's leading hosiery company to the food, drug
and mass channels of trade, is a division of Sara Lee Corporation, which
manufactures and markets legwear for women and girls. Other L'eggs Products
brands include Bare L'eggs, Sheer Elegance, Sheer Energy, Silken Mist, Sheer
Comfort, Reliance, Smooth Silhouettes, L'eggswear, and Little L'eggs.
SOURCE L'eggs Products Comments (1153)Herbal Essences Inc's Deal With Teen Superstar Britney Spears
Posted Tuesday, March 14, 2000 - 12:13 by BeautyCare.com
Herbal Essences Inks Deal With Teen Superstar Britney Spears
NEW YORK, March 13 /PRNewswire/ -- Haircare giant Clairol confirmed rumors
today that they have, indeed, signed on teen-age singing sensation Britney
Spears to represent their powerhouse Herbal Essences line. Britney will serve
as spokeswoman for the brand and will begin appearing in television, print and
radio ads later this Spring. Her image will also be used for Internet
promotions. Herbal Essences plans on sponsoring Britney's 50 city summer
tour, which runs fro.ho+ ^V>ulia
Louis-Dreyfus, Jane Seymour, Linda Evangelista, Ivana Trump, Linda Evans,
Jerry Hall, Martina Hingis and, most recently, Debra Messing for Nice 'n Easy.
Herbal Essences is Clairol's most popular product collection and includes
shampoos, conditioners, stylers, face care, body products and scented candles.
The brand gained notoriety partly due to its award-winning fragrance and
provocative TV ad campaign that depicted women in various states of jubilation
as they shampooed their hair with Herbal Essences. For more information,
access the company website at http://www.herbalessences.com.
SOURCE Clairol
Comments (2)Alberto-Culver to Purchase Pro-Line Corporation
Posted Tuesday, March 14, 2000 - 12:12 by BeautyCare.com
Alberto-Culver to Purchase Pro-Line Corporation
MELROSE PARK, Ill., March 13 /PRNewswire/ -- The Alberto-Culver Company
(NYSE: ACV, ACVA) today announced that it had signed a contract to purchase
Pro-Line Corporation of Dallas, Texas, a leading manufacturer and marketer of
personal care products for the African-American market. Terms of the cash
purchase, which is expected to close within thirty days, were not disclosed.
Pro-Line manufactures and markets products under the brand names of Soft &
Beautiful(R) and Just for Me(R). Just for Me children's relaxer products are
the number one brand in this important category segment. Alberto-Culver,
which has had a key presence in the African-American hair care marketplace for
over 20 years, markets products under the brand names TCB(R) and Motions(R).
In announcing the agreement, Howard B. Bernick, President & Chief
Executive Officer of Alberto-Culver, said that the combination of the product
lines would make Alberto-Culver the world's number two marketer of hair care
products to the African-American market.
"The African-American market is growing in both size and purchasing
power," Mr. Bernick commented, "and we are very pleased to be able to add to
the depth of our lines with the quality of Soft & Beautiful and Just for Me
products. We are also very pleased to be able to strengthen the Alberto-
Culver management ranks with the key people who have been guiding Pro-Line's
growth and creating their market-leading products." Pro-Line's current
management team, headed by President Eric Brown and Executive Vice President
Renee Cottrell Brown, will continue to lead Pro-Line Corporation as an
independent business unit of Alberto-Culver.
Sales for Pro-Line in 1999 were approximately $45 million and Mr. Bernick
said he expected the acquisition to be slightly accretive to Alberto-Culver
earnings in its first year of ownership.
Pro-Line founder and chairman Comer J. Cottrell, in reflecting on
Pro-Line's growth since he started the company almost 30 years ago, commented,
"We have been talking with Alberto-Culver for some time about the future of
Pro-Line. We are very excited about their commitment to growing our brands
and the global resources and enthusiasm that they bring to our business. I am
particularly pleased to see that Pro-Line's management team headed by Eric and
Renee Brown will be joining Alberto-Culver and leading a global effort to grow
their brands and ours in the ethnic personal care category."
Alberto-Culver is a $2 billion manufacturer and marketer of personal care,
household and grocery items, headquartered in Melrose Park, Illinois, and
selling its products globally in over 120 countries. Its Sally Beauty Company
subsidiary is the largest distributor of professional beauty supplies in the
world.
This press release may contain forward-looking statements. Such
statements are based on management's current assessments of risks and
uncertainties and reflect various assumptions, which may or may not prove to
be correct. Some of the factors that could cause actual results to differ
from projections contained in such forward-looking statements include the
pattern of brand sales; competition within the relevant product markets; risks
inherent in acquisitions and strategic alliances; changes in costs; the costs
and effects of unanticipated legal proceedings; and variations in political,
economic or other external factors over which the company has no control. The
company disclaims any obligation to update any forward-looking statement in
this press release.
SOURCE Alberto-Culver Company
Comments (5)WCW Nitro for Men(TM) Fragrance Nominated for Fragrance of the Year
Posted Tuesday, March 14, 2000 - 12:10 by BeautyCare.com
WCW Nitro for Men(TM) Fragrance Nominated for Fragrance of the Year
MIAMI, March 13 /PRNewswire/ -- E Com Ventures, Inc.'s (Nasdaq: ECMV)
wholly-owned subsidiary Perfumania Marketing, Inc. today announced that their
proprietary fragrance brand, WCW Nitro for Men, is being placed on the "FiFi"
ballot (the equivalent to the "Oscars" of the fragrance world) for the most
prestigious award in the fragrance industry. This year marks the 28th annual
"FiFi" Men's and Women's Fragrance award ceremony which will take place on
June 6, 2000 in New York
WCW Nitro for Men launched on November 24, 1999 and was supported by the
cross marketing efforts between perfumania.com and over 280 Perfumania's
retail stores. The initial advertising campaign and marketing efforts were
mostly directed towards World Championship Wrestling's 35 million television
viewers who watch weekly wrestling events on TBS and TNT. This new,
unconventional marketing strategy for launching a national fragrance brand
proved to be a very effective approach to the traditional costly methods of
launching a new fragrance brand in the USA.
Mr. Jerome Falic, CEO of Perfumania, Inc., said, "It is an honor to have
the WCW Nitro for Men fragrance placed on the ballot at the 'FiFi' awards.
This is a wonderful recognition that is being bestowed upon the fragrance and
our Company. The inherent synergies created by combining our brick and mortar
stores and our website, along with the unconventional and cost-effective
marketing methods created the perfect platform for successfully launching this
brand nationally."
Mr. Richard Davis, Marketing Manager of Perfumania, Inc., said, "I am very
proud of this industry recognition of the WCW Nitro for Men fragrance. I am
impressed with the performance of this brand and thankful for the support we
have received from WCW. As the brand manager for the fragrance and being
involved since its inception, there is nothing like seeing it take on a life
of its own."
Mr. Al Kahn, Chairman and CEO of 4Kids Entertainment, Inc., said, "Our
licensing division, Leisure Concepts, Inc., takes great pride in licensing WCW
to quality manufacturers who understand brand marketing. We are thrilled with
Perfumania, they truly deserve such a prestigious award for the fine job they
have done with WCW Nitro for Men."
Perfumania, Inc. created WCW Nitro for Men to capture the free-spirited,
ready-to-rumble fun of WCW. It's a classic fragrance described as a
comfortable, clean, sporty, free-spirited fragrance that complements any
style. Touted as a fragrance for the millennium, the WCW Nitro for Men
fragrance gives men a feeling of confidence with a hint of sophistication.
The FiFi Awards, which recognize excellence in the fragrance industry, are
voted on by nearly 1,300 members of the Fragrance Foundation, as well as
retailers nationwide. "FiFi" was "coined" by John Ledes the Publisher of
Beauty Fashion in 1989. The award has become an icon for the global fragrance
industry. In 1993, the first annual European "FiFi" Awards for the most
successful men's and women's fragrances of the year were presented in the
United Kingdom, France, Germany, Italy and Spain. Over 1,500 members of the
international fragrance community attend today's glamorous "FiFi" ceremonies,
held in New York City. The awards are presented by celebrities from the world
of fashion, theater, film and TV.
E Com Ventures, Inc. facilitates cross-marketing and cross-promotional
opportunities between its member companies, e-commerce investments and its
wholly-owned subsidiary, Perfumania Marketing, Inc. with its approximately
1,600 employees, over 270 brick and mortar stores and $190 million in annual
sales. E Com Ventures, Inc. supports startups or existing B to B or B to C
companies with development strategies and financial support tarner Company (NYSE: TWX). WCW produces and markets television
programs and live events featuring wrestling superstars. WCW produces eight
hours of original programming seen each week throughout the U.S. and in over
25 countries throughout the world. Check out WCW's Web Site
http://www.WCW.com and http://www.NWOwrestling.com.
This press release may include information presented which contains
forward-looking information, including statements regarding the strategic
direction of the companies. These comments constitute forward-looking
statements (within the meaning of the Private Securities Litigation Reform Act
of 1995), which involve significant risks and uncertainties. Actual results
may differ materially from the information discussed in these forward-looking
statements. Among the factors that could cause actual results, performance or
achievement to differ materially from those described or implied in the
forward-looking statements are general economic conditions, competition,
potential technology changes, changes in or the lack of anticipated changes in
the regulatory environment in various countries, the ability to secure
partnership or joint-venture relationships with other entities, the ability to
raise additional capital to finance expansion, and the risks inherent in new
product and service introductions and the entry into new geographic markets.
Monday Night Nitro is a trademark of World Championship Wrestling, Inc.,
and all other trademarks are the property of their respective owners.
SOURCE Perfumania, Inc.
Comments (2)Nu Skin Hosts Distributor Convention in Europe
Posted Tuesday, March 14, 2000 - 12:09 by BeautyCare.com
Nu Skin Hosts Distributor Convention in Europe
Company Unveils Products, Showcases Divisions
And Outlines Internet Initiatives
BRUSSELS, Belgium, March 13 /PRNewswire/ -- Nu Skin, a division of Nu Skin
Enterprises (NYSE: NUS), recently hosted a two-day convention in Brussels to
introduce new product lines and business initiatives to European distributors.
At the convention, Nu Skin Enterprises also showcased its divisional model and
announced significant Internet strategies for Europe.
"We are entering a new era in our business with the implementation of Nu
Skin Enterprises' divisional strategy," said Grant F. Pace, president of Nu
Skin. "As we embark on cross-divisional initiatives in Europe, we will
strengthen our product and business offerings to Nu Skin distributors and
consumers."
During the convention, Nu Skin introduced more than 20 new personal care
products, including several from the Epoch(TM) line of ethnobotanical products
and the Nu Colour(R) cosmetics line, including Custom Colour compacts with
snap-in shades. The division also announced plans to offer the revolutionary
Nu Skin 180(TM) Anti-Aging Skin Therapy System in Europe during the third
quarter of 2000. The Nu Skin 180 system is a scientifically advanced skin
care system designed to combat and slow signs of aging, delivering smoother
and softer skin in as early as seven days. Nu Skin 180 has quickly become the
division's top selling product system in every market it has been introduced.
"During the last year, our distributor meetings and conventions have
focused on training our sales force about how our divisional strategy will
serve as the catalyst for growth in the company's markets throughout the
world," said Steven J. Lund, president and chief executive officer. "We
believe that our three divisions -- Nu Skin personal care products, Pharmanex
nutritional products and Big Planet technology and Internet products and
services -- substantially enhance our direct sales offering by allowing
distributors to focus on the opportunity they are passionate about while
generating volume from purchases and sales across all divisions.
"Distributors in Europe continue to be enthusiastic about Nu Skin, as well
as the planned introduction of the Pharmanex opportunity to their markets next
year," Mr. Lund stated. "We are building a strong foundation for Pharmanex in
Europe by conducting prelaunch programs and introducing select Pharmanex
products."
During the convention, Pharmanex announced that five new products will be
available in Europe by May in preparation for the full Pharmanex launch in the
first quarter of 2001. "Natural remedies have been widely accepted in Europe
for many years," Mr. Lund added. "We believe the science and technology
behind Pharmanex products will be embraced by our European distributors and
customers."
Nu Skin Enterprises also announced several initiatives that will further
the company's vision of becoming the world's leading E-Direct Selling(TM)
Company. "As more Europeans use the Internet to conduct business and shop, we
are strengthening our online presence in order to stay on the leading edge of
the e-commerce movement," Mr. Lund said. "We are harnessing the power of the
Internet to create efficiencies throughout our business, and we will soon
offer online ordering and training tools for distributors in all of our
European markets."
The Company
Nu Skin Enterprises, Inc. is one of the largest direct selling companies
in the world and is traded on the New York Stock Exchange under the symbol
"NUS." The company's products are sold in 31 countries throughout the
Americas, Europe and the Asia Pacific region.
Nu Skin Enterprises offers three distinct business opportunities
specializing in consumer products and services sold through direct sales. Nu
Skin markets premium quality face, body and hair care products. Pharmanex is
a science-based developer and marketer of nutritional supplements. Big Planet
concentrates on the marketing and distribution of technology-based products
and services.
Nu Skin Enterprises news releases are available online at
http://www.nuskinenterprises.com or through the Company News On-Call fax service.
For a menu of Nu Skin Enterprises news or to retrieve a specific release, call
800-758-5804, extension 119638.
Please note: This press release contains forward-looking statements, which
represent the company's expectations or beliefs concerning future events,
including, among other things, the planned introduction of the Nu Skin 180(TM)
Anti-Aging Skin Therapy System and the Pharmanex business opportunity in
Europe, and the belief that the divisional strategy will substantially enhance
Nu Skin Enterprises' direct sales offering. These forward-looking statements
are subject to risks and uncertainties that could cause actual results and
outcomes to differ materially from those discussed or anticipated. These
factors include, but are not limited to: (i) the ability of Nu Skin to
complete all actions necessary to launch the Nu Skin 180 product system in a
timely manner including obtaining any necessary regulatory approvals, (ii) the
ability of Pharmanex to obtain necessary regulatory approvals for the products
planned to be introduced in the European market in a timely manner, and (iii)
risks that the launch of the new products and business opportunity may not
meet Nu Skin Enterprises' expectations or gain market acceptance. The
forward-looking statements are further qualified by the risks set forth in the
company's filings with the Securities and Exchange Commission, including the
company's most recent Form 10-K and Form 10-Q.
SOURCE Nu Skin Enterprises, Inc.
Comments (2)Parsol(R) 1789 Protects Against Photodamage
Posted Tuesday, March 14, 2000 - 12:08 by BeautyCare.com
Parsol(R) 1789 Protects Against Photodamage And Premature Aging of the Skin
Breakthrough Research: In Vivo Studies on Human Volunteers Show
Exceptional Protection against Damaging UVA Light
PARSIPPANY, N.J., March 10 /PRNewswire/ -- According to recent data, it
only takes brief, repetitive sun exposure from daily tasks, such as walking to
the car or mail box, to initiate skin damage. Prevention of such damage
requires Broad Spectrum protection from the ultraviolet B (UVB) rays
(290 - 320nm) that cause sunburn and the entire ultraviolet A (UVA) range
(320 - 400nm). Once thought to have negligible effect on the skin, research
now shows that UVA may play a significant role in the photoaging process,
which is marked by morphological and histological changes in the collagen and
elastin tissues. Repeated exposure to the shorter wavelength UVA II (320 -
340nm) and the longer wavelength UVA I (340 - 400nm) may result in excessive
dryness, formation of fine lines, wrinkles, irregular skin pigmentation,
weakening of the skin's immune system and even skin cancer.
"The first, most essential step in the maintenance of healthy, youthful
skin is total protection from UV rays, including the long wavelength UVA
radiation (UVA-I)," said Stanley B. Levy, MD, Clinical Professor of
Dermatology at the University of North Carolina School of Medicine and
Clinical
Associate in Medicine (Dermatology) at Duke University Medical Center.
"Preventing premature aging is a universal concern, as evidenced by the
dramatic increase in cosmetic surgery procedures. UVA rays are harmful
because they have a negative effect on elastin and collagen, which are
responsible for keeping the skin firm and young looking. It is vital to
protect against the damaging effects of the entire UVA radiation, especially
after corrective measures (e.g., surgery, peeling)."
PARSOL(R) 1789 - For Broad Spectrum UVA Protection of the Skin
Quantitive evaluation of the UVB protection of sun care products has long
been established through the measurement of SPF values (Sun Protection
Factors). A reliable method has not been established yet for the measurement
of UVA protection under real-life conditions.
Over the last few years, pioneering research work has been ongoing at the
Department of Dermatology of the University of Pennsylvania, using biomarkers,
to determine quantitatively the UVA protective values of various UVA filters.
Three new in vivo studies on human skin have confirmed the benefits of the
combination of the Broad Spectrum UVA filter, Parsol(R) 1789 and other UVB
filters, in providing optimal protection from repetitive exposure to UV light.
The three studies were conducted by Kays Kaidbey, MD, Adjunct Professor of
Dermatology at the University of Pennsylvania. In these studies, dose-related
morphological and histological changes were measured. The changes include
Epidermal Thickening (associated with UVB damage), Sun Burn Cells (also
indicative of UVB damage), p53 Mutations (marker of epidermal DNA damage),
Special Enzyme Deposition (the enzyme Lysozyme is indicative of damage to
elastin fibers) and Dermal Inflammation (indicative of damage to the deeper
layers of the dermis).
Study #1: Comparison of Conventional and Broad Spectrum Sunscreens in
Prevention of Cumulative UVA - I Damage
Conventional sunscreen products are not designed to protect against
damaging UVA-I wavelengths (340 - 400nm). These products, principally
formulated with UVB and UVA II (320 - 340nm) filters, protect against UVB and
only partially protect against UVA. They provide little or no protection
against the UVA-I portion of the spectrum. In this study a conventional
sunscreen containing a UVB filter (octyl methoxycinnamate) and a UVA II filter
(oxybenzone) was tested against a Broad Spectrum sunscreen which contained the
same UVB/UVA II filters, plus the Broad Spectrum UVA II/UVA I filter,
Parsol(R) 1789.
The human subjects were exposed to a daily dose of UVA I radiation
(340 - 400nm) for nine consecutive days. The results, obtained through
biopsies of the treated areas, confirmed that low dose cumulative UVA I
exposure damages both the epidermis and the dermis. The study also showed
that the Broad Spectrum sunscreen containing the UVA filter Parsol 1789
provided superior protection against epidermal and dermal damage as compared
to the conventional sunscreen, which provides only partial protection against
the short wavelength UVA II.
Study #2: Comparison of a Conventional Sunscreen Containing UVB Filters
Only and a Broad Spectrum Sunscreen Containing the UVB Filter Octyl
Methoxycinnamate (Parsol(R) MCX) and the UVA Filter Parsol(R) 1789 in
Prevention of Cumulative UVB and UVA II & UVA I Damage.
In this study a conventional sunscreen that contained only UVB filters was
compared to a Broad Spectrum sunscreen containing the widely used UVB filter
octyl methoxycinnamate (Parsol(R) MCX) and the Broad Spectrum UVA filter
Parsol 1789.
The human subjects in this study were exposed to the entire UV range (UVB
and UVA II and UVA I) for nine consecutive days. The results obtained through
biopsies of the treated areas confirmed that cumulative exposure to the UV
range considerably damages both the epidermis and the dermis. The combination
of the UVB filter octyl methoxycinnamate and the UVA filter Parsol(R) 1789
provided superior protection against both UVB and UVA radiation under
simulated conditions of normal exposure (equivalent to 3 hours of direct
sunlight in the New York/New Jersey area during the months of July and August)
as compared to a conventional sunscreen containing only UVB filters.
Study #3: Comparison of the Photoprotective Properties of a Broad Spectrum
Sunscreen Containing the UVB Filter Octyl Methoxycinnamate and a Broad
Spectrum Sunscreen Containing the UVB Filter Octocrylene
Over the last few years various in vitro studies have shown that
sunscreens containing the UVB filter octocrylene and the UVA filter Parsol
1789 provide superior protection as compared to sunscreens containing the
widely used UVB filter octyl methoxycinnamate and Parsol 1789. Unfortunately,
most of the studies were conducted in the lab and not on human skin. To
determine the validity of such claims, the photoprotective effects of a
sunscreen containing the combination of octocrylene and Parsol 1789 were
evaluated against the photoprotective effects of a sunscreen containing octyl
methoxycinnamate and Parsol 1789.
The human subjects were exposed to the entire UV range (UVB and UVA II &
UVA I) for nine consecutive days. The results obtained through biopsies of
the treated areas established the parity of both systems in providing
protection to the epidermis and the dermis as long as the products were
adequately formulated with certain solvents and UVB filters.
Parsol(R) 1789 - a Powerful UVA Filter for Protection Against Skin Damage
and Premature Aging of The Skin
The three in vivo studies on human skin conducted by Dr. Kays Kaidbey of
the University of Pennsylvania demonstrated the strong Broad Spectrum
photoprotective properties of Parsol(R) 1789 when combined with UVB filters.
They showed that low dose, cumulative long wavelength UVA I exposure damages
both the epidermis and the dermis. Additionally, these studies confirmed that
treatment with conventional sunscreens containing UVB filters and short
wavelength UVA-II filters, afforded some protection, but that the Broad
Spectrum sunscreen containing Parsol 1789 provided greater protection of the
epidermis and dermis. The second study showed the superior protective
properties of a Broad Spectrum sunscreen containing Parsol 1789 against
cumulative exposure to the entire UV range (UVB & UVA II and UVA I: - 290 -
400 nm) as compared to a conventional sunscreen containing only UVB filters.
The third study showed no considerable difference in photoprotection against
cumulative UVB & UVA II/UVA I exposure between a Broad Spectrum sunscreen
containing the UVB/UVA system of octocrylene/Parsol 1789 and the UVB/UVA
system of octyl methoxycinnamate/Parsol 1789, when tested on human subjects
under simulated conditions.
"Skin is under constant threat of damage from UVB and UVA radiation,"
stated Dr. Kaidbey. "These studies demonstrate the efficacy of Parsol 1789 in
protecting human skin against the entire UVB and UVA spectrum when combined
with UVB filters. This kind of all year round protection from daily exposure
is essential for prevention of skin damage and premature aging of the skin."
Parsol(R) is a registered trademark of the Givaudan-Roure Corporation, a
member of the Roche Group. Parsol 1789 was approved as a Broad Spectrum UVA
filter by the U.S Food and Drug Administration in April 1997 for use in sun
and skin care products in the United States. Parsol(R)MCX is the trade name
of the UVB filter octyl methoxycinnamate.
SOURCE Roche Vitamins Inc.
Comments (7)Sunlight and Hot Blow-Drying are Major Causes of Hair Damage;
Posted Tuesday, March 14, 2000 - 12:06 by BeautyCare.com
Sunlight and Hot Blow-Drying are Major Causes of Hair Damage;
Protection from UVB/UVA and Heat is a Must for Healthy Hair
PARSIPPANY, N.J., March 10 /PRNewswire/ -- Building on research that has
confirmed the negative effects of ultraviolet (UV) radiation on skin, a new
study shows that hair, as well as skin, needs protection from the sun's
damaging rays. Hair care products with Parsol(R) MCX and Parsol(R) 1789, UVB
and UVA blockers respectively, can provide protection to hair from these
harmful rays.
"Many consumers don't realize how damaging UVB and UVA radiation can be to
the structure and quality of hair," said Dr. Sergio Nacht, Senior Vice
President, Dermatology and Skin Care at Advanced Polymer Systems Inc, and a
leading researcher in hair and skin care. "Hair damage from UV radiation has
perhaps been neglected because it is less discernable than the effect on skin.
Hair care products containing UV blockers can shield hair from sun damage and
help maintain stronger, healthy-looking hair."
Parsol(R) MCX and Parsol(R) 1789 - Combating UV hair damage
Hair is exposed to a constant series of environmental assaults. Damaging
influences such as rain, seawater, or chemicals in swimming pools contribute
to structural and chemical degradation of hair. Most damaging of all
environmental factors is UV radiation. Protecting hair from the sun's harmful
rays is particularly important in the summer when intense UV rays can produce
undesirable changes in hair quality including dryness, susceptibility to
breakage, loss of pigmentation and luster, rough surface texture and
brittleness.
Recent research has shown the benefits of Parsol(R) MCX (octyl
methoxycinnamate) and Parsol(R) 1789 (avobenzone) in protecting hair from UV
radiation. Hair washed with shampoo containing a combination of Parsol MCX
and Parsol 1789 was exposed to UV radiation via a solar simulator, equivalent
to six hours a day of sun exposure over a period of seven days during July and
August. As a comparison, a hair tress was washed with a shampoo that
contained no UV blockers and was exposed to the same UV intensity. The
shampoo containing Parsol MCX and Parsol 1789 was shown to provide
considerable protection from both UVB and UVA rays (over 50%) compared to the
untreated hair tress.
Phytantriol - Unique protection against hot blow-drying
Environmental weathering is not the only damaging influence to which hair
is exposed. Hair goes through the stresses of grooming and hot blow-drying
every day. As many as 80% of females and 41% of males use a blow-dryer in
their daily regimen. The intense, focused heat of blow-drying is extremely
detrimental to the hair. Side effects include weakening of the hair
structure, resulting in a decrease in tensile strength and frequent breakage.
Phytantriol (PHY-TAN-TRIOL) is a high performance emollient and
conditioner used in hair care and skin care products. Recent research has
demonstrated the unique effectiveness of Phytantriol in protecting hair from
the damaging effects of intense heat exposure. One study found that hair
rinsed with a leave-in conditioner containing 0.1% Phytantriol and hot blow-
dried was not only protected from the heat, but also had improved in tensile
strength. Additional research demonstrated that the presence of 0.5%
Phytantriol in both a shampoo and conditioner acted as an effective heat
barrier, protecting the hair from the intense temperatures of the blow-dryer
and ultimately from structural modification of the hair.
Phytantriol, when used in combination with amino acids (the building
blocks of hair proteins) and Panthenol (a pro-vitamin B5 which is a powerful
hair moisturizer) increases their deposition to hair, enhancing the healthy
look of hair. Additional benefits to hair include prevention of split-ends,
moisture retention and protection against daily mechanical damage, such as
combing and brushing.
"Protecting hair from the damaging effects of UV radiation and blow-drying
is crucial," said David Djerassi, director of the Specialty & Cosmetics
Chemicals Group of Roche Vitamins Inc. "Just as skin requires year-round
defense from UVA and UVB rays and other destructive influences, so does hair.
The combination of Parsol(R) MCX/Parsol(R) 1789 and Phytantriol in hair care
products has been shown to be very effective in shielding hair from these
damaging elements and maintaining healthy-looking hair."
PARSOL(R) MCX and PARSOL(R) 1789 are registered trademarks of the
Givaudan-Roure Corporation, a member of the Roche group. PARSOL 1789 was
approved as a UVA filter by the U.S. Food and Drug Administration in April of
1997 for use in sun and skin care products in the United States. Phytantriol
is an original ingredient, developed by Hoffmann-La Roche Inc.
SOURCE Roche Vitamins Inc.
Comments (7)Professional Beauty Industry Unites With Launch of behindthechair.com
Posted Tuesday, March 14, 2000 - 12:04 by BeautyCare.com
Professional Beauty Industry Unites With Launch of behindthechair.com
First Internet Site to Link Hair, Nail, Skin, Salon, Spa Experts
CHICAGO, March 10 /PRNewswire/ -- Salon and spa professionals around the
world now have a dynamic communication and resource tool literally buzzing
with hair, nail, skin and salon news -- behindthechair.com. Created as the
Internet's very first comprehensive business-to-business portal site for
beauty professionals, behindthechair.com is the brainchild of working beauty
industry executives who are launching this resource at the International
Beauty Show, to be held March 11-14 at the Jacob K. Javitz Center in New York
City.
"This site is the one place where beauty professionals have a voice -- a
place where they can join together to interact and view all the resources our
industry has to offer 24 hours a day, seven days a week," said
behindthechair.com Founder Mary Rector-Gable. "Because of traditional
industry fragmentation, today's working beauty professional is often left
without key information and support. behindthechair.com is the first
real-time communication tool to provide comprehensive information for the
beauty professional."
To provide the ideal communication forum, behindthechair.com designed
three key sections that reflect all aspects of the professional beauty
business:
-- ME, focuses on being in touch and staying in touch. Free e-mail and
personal appointment calendar, along with events, live chat rooms and
horoscope sections. This is the place industry professionals communicate with
each other and chat with top hairdressers, manufacturer presidents,
association directors and more.
-- COMMUNITY, focuses on all the information the salon professional needs
in the salon environment. Members can link to new products, manufacturers,
distributors, education, shows and even list and sell items in the
professional on-line salon auction.
-- WORK, focuses on career development and management issues. Salon
owners and managers can post salon openings in the jobs database. The Photo
Session section provides a template for artists to showcase their work.
To build this dynamic forum, Rector-Gable, an industry veteran known for
her management consulting work with top beauty companies, assembled an entire
team of specialists and experienced technology leaders. behindthechair.com's
advisors include Robert Hood, most recently CFO at Excite.com, and Gerry
Zyfers, former Microsoft Corporation Sr. Director. behindthechair.com is also
working with dozens of the world's finest hairdressers, educators, writers and
product manufacturers to build this network.
behindthechair.com already has more than 5,000 beauty professionals
registered. And according to Rector-Gable, behindthechair.com expects to
bring more than 80,000 salon professionals together over the next year.
Dozens of the world's finest product lines and services are participating with
behindthechair.com. Redken, Wella, Sebastian, Regis, Creative Nail Design,
Dermalogica, Pevonia and many others are already providing beauty resources.
Forrester Research, the authority on Internet trends, reports that
business-to-business sites represent the largest growing and most profitable
of all Internet commerce. Currently, there are 300,000 salons and more than
1.5 million licensed salon professionals working in the beauty industry.
"We've only just begun to tap into the enormous power of Internet
communications and we're delighted to be the first site to focus on the needs
of the beauty professional," said Rector-Gable. "Our mission is to build a
passionate, interactive on-line community that empowers beauty professionals
to be their very best. Our driving theme, Man I Can, truly reflects this
goal."
Call 800-760-3010 for more information.
SOURCE behindthechair.com
Comments (11)StarMedia And L'Oreal Unite to Create Cadamujer.com, the Online Destination
Posted Tuesday, March 14, 2000 - 12:02 by BeautyCare.com
StarMedia And L'Oreal Unite to Create Cadamujer.com, the Online Destination
For 'Every Woman' That Speaks Spanish or Portuguese
Destination to Empower Latina Women on the Web Worldwide
NEW YORK, and PARIS, March 8 /PRNewswire/ -- StarMedia Network
(Nasdaq: STRM) (http://www.starmedia.com), the leading Internet media company
for Spanish- and Portuguese-speaking audiences worldwide, and L'Oreal
(http://www.loreal.com), the world's leading beauty products company, today
announced the creation of Cadamujer.com, a new premium Internet destination
and community for Latina women around the world. In commemoration of
International Women's Day, Cadamujer.com will launch today in Mexico
(http://www.cadamujer.com.mx), followed by market rollouts in Argentina and
Brazil in the months to come.
Cadamujer.com, which translates to "every woman" in English, combines the
synergy and expertise of two leading international companies with strong Latin
American presence. L'Oreal, the leading cosmetics group in the region,
provides cosmetic services, prestigious brands and high quality beauty
products to more than 250 million Latin American women. StarMedia Network,
the leader in reaching Spanish- and Portuguese-speaking audiences on the Web,
provides the ultimate Internet experience through community offerings,
cutting-edge products and sophisticated technology and services.
Cadamujer.com will target Spanish- and Portuguese-speaking women, as well
as women throughout the world who identify with Latin culture. The new
destination provides women with a wide array of relevant information,
comprehensive community services, and commerce solutions to enhance their
professional and personal lives. In addition to pan-regional content,
Cadamujer.com offers culture-tailored destinations for each region served.
Local editorial staffs will develop and update content on a daily basis to
serve the cultural diversity and informational needs of that specific region.
Users will also have direct online access to the local sites of the leading
L'Oreal Group brands, L'Oreal Paris, Lancome, Maybelline, and Biotherm, where
women are informed of new product arrivals and obtain professional advice on
hair care, skin care and color cosmetics.
"L'Oreal is the world's leading beauty products company with a strong
market presence in Latin America, making them the ideal partner for
cadamujer.com," said Fernando Espuelas, Chairman and CEO of StarMedia Network.
"They share our mission of empowering Spanish- and Portuguese-speaking
audiences by providing women with a reason and a place to go online to
exchange ideas, purchase products and access information relevant to their
lives."
"Our partnership with StarMedia will play a major role in our strategy by
helping us to understand and fulfill the needs of Latin American consumers,"
said Jean-Jacques Lebel, General Director of the L'Oreal Group, Latin America.
"It marks our commitment to take advantage of the Internet to provide
information, to communicate with consumers, to promote our products and
conduct e-commerce transactions," added Jean- Pierre Valeriola, Vice President
of the L'Oreal Group, in charge of Corporate Communication and External
Relations.
Cadamujer.com is organized into seven areas to meet the vast array of its
audience's needs and interests: Belleza (Beauty), Moda (Style), Amor y Pareja
(Love and Partners), Actualidad (Current Events), Salud (Health), Familia
(Family), and Carrera (Career). Women can log on to Cadamujer.com to
immediately access the day's most important news headlines and receive helpful
tips on everything from climbing up the corporate ladder to finding affordable
alternatives to designer fashions. In addition to providing top quality
content, Cadamujer.com's chat rooms enable Latina women to speak openly about
their concerns and interests, and seek advice from other Spanish and
Portuguese-speaking women. Cadamujer.com will host on-line chats in each
region with leading experts who can address specific questions and provide
personalized advice.
StarMedia and L'Oreal will provide marketing and other resources in
support of the new service through online and offline activities. L'Oreal
will provide title sponsorship, promotional activities, and top quality beauty
and personal care information. StarMedia will provide Cadamujer.sW+/ZK+K/K9 Latin America(1). A recent survey
of StarMedia users indicates that women have an overwhelming interest in the
community applications available online. Additionally, 75% of females use the
Web to get information about products and services, and three out of four are
likely to purchase online in the next 12 months(2).
Sources:
(1) Nazca Saatchi & Saatchi, 1999 Latin America Internet Study, June 1999
Audits & Surveys Worldwide, Telecommunications in Latin America,
1998, April 1998
(2) StarMedia user survey conducted by The Laredo Group, January 2000
About StarMedia Network, Inc.
StarMedia Network is the leading Internet media company targeting Latin
America and other Spanish- and Portuguese-speaking markets worldwide. The
Company is committed to providing Spanish and Portuguese speakers with a
complete selection of services and products that take full advantage of
Internet technologies. StarMedia Network is the owner of 10 leading brands:
StarMedia.com, LatinRed, OpenChile, Panoramas.cl, Zeek!, Cade?, AdNet, Guia
SP, Guia RJ, and Paisas.com. It also operates StarMedia Broadband, StarMedia
Network's broadband services arm, and StarMedia Mobile, the Company's wireless
division. Some of StarMedia Network's strategic relationships include
Netscape Communications, RealNetworks, Billboard, CDNOW, Reuters, eBay,
National Broadcasting Company, Hearst Communications, and Fininvest. Founded
in 1996, the Company has operations in Argentina, Brazil, Chile, Colombia,
Mexico, Puerto Rico, Spain, Uruguay, Venezuela, and major U.S. cities, and has
over 700 employees.
StarMedia, StarMedia Network and StarMedia's logos, product and service
names are registered trademarks of StarMedia Network, Inc.
About the L'Oreal Group
L'Oreal, the world's leading beauty products company was founded in Paris
in 1907. Over the past ten years the group has significantly strengthened its
presence in the major international markets, and has some 42,000 employees in
150 countries. Four-fifths of sales (83%) are now achieved outside France,
and 43% outside Europe. L'Oreal worldwide consolidated sales amounted, in
1999, to FF 70.5 billion (10.7 billion Euro). The Group has a selling record
of 85 cosmetic products per second, representing 13% of the total cosmetic
product sales in the world. L'Oreal launched its first operations in Latin
America during the 1920's. Today the Group is present in nearly all Latin
American countries with 9 subsidiaries and 5 plants. L'Oreal has operations
in Brazil, Argentina, Mexico, Uruguay, Venezuela, Chile, Colombia, Guatemala
and Peru, and production plants in Mexico, Brazil, Chile, and Argentina.
L'Oreal is making a significant investment in Internet activities: 19 sites
are already operating around the world, including two e-commerce sites,
http://www.ccb-paris.com and http://ww1.lancome.com/x4/.
This press release contains statements of a forward-looking nature
relating to future events or future financial results of StarMedia. Investors
are cautioned that such statements are only predictions and that actual events
or results may differ materially. In calculating such statements, investors
should specifically consider various factors which could cause actual events
or results to differ materially from those indicated from such forward-looking
statements, including the matters set forth in StarMedia's reports and
documents filed from time to time with the Securities and Exchange Commission.
SOURCE StarMedia Network
Comments (2)Dial Revises Earnings Outlook for First Half of 2000
Posted Tuesday, March 14, 2000 - 12:01 by BeautyCare.com
Dial Revises Earnings Outlook for First Half of 2000
SCOTTSDALE, Ariz., March 10 /PRNewswire/ -- The Dial Corporation
(NYSE: DL) announced today that it expects earnings per share for the first
half of 2000 to be down 10-12 percent from a year ago. This represents a
shortfall versus previous guidance of approximately 20 percentage points. The
Company believes that certain events leading to these lower than expected
earnings will impact both sales and gross margin for the first and second
quarters. Earnings estimates for the second half of the year remain
unchanged. The Company now expects total year 2000 earnings to grow in the
range of 5-7 percent versus previous year, a reduction of approximately
9 percentage points versus previous guidance.
Sales, as consolidated, are expected to be down about 3-5 percent in both
the first and second quarters of 2000 from the respective periods a year ago.
However, including the Dial/Henkel joint venture, sales are expected to be up
this year by 2-3 percent in the first half. For the full year, consolidated
sales are now expected to be up 3-4 percent, and approximately 10 percent
including the Dial/Henkel joint venture. The factors relating to the sales
shortfall are primarily:
-- The consolidation and balancing of inventory that occurred when
Dial's second largest customer converted from buying direct to buying
through two wholesalers;
-- The continuing price war in Argentina between two of the Company's
competitors in the premium segment of the detergent market affecting
Dial's value brand in the region;
-- A shortfall on the sale of Armour canned meats due to increased
Y2K-related retail inventory buildup at year's end, coupled with a
price increase taken by Dial in January that has not been matched by
competition.
The gross margin in the first half will be impacted by the reduced
overhead absorption associated with the lower than expected sales volumes and
the increasing cost of petroleum that affects, among other things,
transportation and distribution expenses.
"We're extremely disappointed to announce that our first half results are
being adversely affected by these events," said Mal Jozoff, Dial Chairman and
CEO. "Any of them taken alone would not likely have materially impacted our
year. However, the concurrence of all of these events in the same period
compels us to reduce our estimates for the first half.
"We believe that the health of our core businesses is sound, as reflected
in our strong consumer take-away at retail and our robust new product
pipeline," continued Jozoff. "We plan to work through our short-term earnings
issues and remain optimistic that we can deliver our second half results as
planned. We are committed to delivering our long-term top- and bottom-line
growth targets."
The Dial Corporation, headquartered in Scottsdale, Ariz., is one of
America's leading manufacturers of consumer products, including Dial soaps,
Purex laundry detergents, Renuzit air fresheners, Armour Star canned meats,
and the Sarah Michaels, Freeman Cosmetics and Nature's Accents personal care
brands. Dial products have been in the American marketplace for more than 100
years.
Statements in this press release as to the Company's expectations,
beliefs, plans or predictions for the future are forward-looking statements,
as that term is defined by the U.S. Securities and Exchange Commission (SEC).
Actual results might differ materially from those projected in the
forward-looking statements. Information concerning factors that could cause
actual results to materially differ from those in the forward-looking
statements is contained in the Company's 1998 Annual Report on Form 10K,
including the section entitled "Management's Discussion and Analysis of
Results of Operations and Financial Condition," and in its 1999 Quarterly
Reports on Form 10-Q for the fiscal quarters ended April 3, July 3 and October
2. All of these reports have been filed with the SEC. For a copy of these
reports, please access the Company's Web site at http://www.dialcorp.com or call the
Dial Consumer Information Center at 1-800-528-0849.
SOURCE The Dial Corporation
-0- 03/10/2000
/CONTACT: Cynthia Demers, Corporate and Government Affairs, 480-754-4090,
or Bob Fulton, Investor Relations, 480-754-1016, both of The Dial Corporation/
Web Site: /http://www.dialcorp.com/
(DL)
CO: Dial Corporation
Comments (0)The Sweet Smell of Success - Sell Your Home Quickly with These Insider Tips
Posted Tuesday, March 14, 2000 - 11:58 by BeautyCare.com
The Sweet Smell of Success - Sell Your Home Quickly with These Insider Tips
New National Survey By Opinion Research Corporation of Nearly 500 Real Estate
Agents Reveals How Buyers Make Their Decisions
CINCINNATI, March 10 /PRNewswire/ -- Real estate agents reveal the secret
every home seller needs to know -- how to make a good first impression with a
buyer. According to the National Realtor Survey 2000 conducted by Opinion
Research Corporation, over two-thirds of real estate agents (69%) revealed
that while location is still the most important characteristic buyers look for
in a home, there is another more stealthy criteria -- odor. Buyers not only
want an ideally located home, but they also want one that is odor neutral.
You can't see, touch or hear them and chances are that you might not be
able to smell them, but if you are selling a home they could be costing you a
lot of time and tens of thousands of dollars. Odors, like those caused by
cooking, smoking, or pets get trapped in carpets, drapes and couches and,
second only to cleanliness, are the top problems which prevent real estate
agents from selling a home quickly and at listing price, according to the
survey which questioned nearly 500 real estate agents.
"If a home has an odor in it, any odor, it can prevent a buyer from
envisioning themselves living in the home," says Martha Webb, real estate
expert and author of Dress Your House for Success and Finding Home.
"Fortunately, there's a product called Febreze that safely eliminates odors
from fabrics and doesn't simply cover them up with a perfume. Appealing to
all of a prospective buyer's senses including sight, sound, touch and smell,
is vital."
Top Picks For Easy-to-do Home Improvements
The survey also found that nearly ninety percent of agents (87%) believe
that buyers can greatly increase their selling power by making some easy-to-do
home improvements before listing their house. On the list of easy fix-ups
are: painting/touching-up (47%); cleaning (30%) and fixing minor plumbing
problems (15%).
"Take care of all needed repairs prior to listing your house. This can
actually cost less than allowing the repairs to become a negotiating item. It
will give your house an edge in the market," says Webb. "A good way to
determine what patches your house needs is by viewing your home with 'buyer's
eyes.' If you don't think you can view your home objectively, have a close
friend make a critical viewing and point out potential areas of improvement."
The National Realtor Survey 2000, which included interviews with a
national sample of 494 licensed real estate agents, male and female, was
conducted by Opinion Research Corporation International on behalf of Febreze.
For more information on Febreze visit the website at
http://www.febreze.com
REAL ESTATE AGENTS REVEAL HOME SELLING DO'S AND DON'TS
New Survey By Opinion Research Corporation Of Nearly 500 Real Estate Agents
Tells All
KEY FINDINGS
Of course location is still the top priority for anyone purchasing a home,
but the National Realtor Survey 2000 conducted by Opinion Research Corporation
revealed some interesting insights into home buyer's first impressions and
home selling do's and don'ts.
Below are the survey key findings along with tips by Martha Webb,
best-selling author of Dress Your House for Success and Finding Home, to help
buyers and sellers overcome common real estate pitfalls.
Real estate agents feel that appearance plays a large part in a buyer's
first impression.
-- 31% of agents believe a buyer's first impression is based on how neat
and clean the inside of a home is. The cleanliness, neatness, lack of
clutter, and smells or odors in the house all contribute to the first
impression.
-- Almost one-fifth feel that the way the house is decorated (18%) or the
layout or space in the house (17%) impact the buyer's first impression.
Tip: You only have a few critical seconds in each room and area of a
house in which to make a positive first impression. Clean, neat, and clutter
free space helps a buyer feel comfortable so they can evaluate your house.
Buyer's think that what they see is what they get. If it's been a few years
since you decorated, a fresh coat of paint in a warm neutral color (avoid
bright whites) will make a house feel current, clean, and more spacious.
The #1 reason real estate agents cite for preventing them from selling a
home quickly and at listing price is household odors (29%).
-- 17% felt that clutter prevented them from making a sale.
Tip: If there are any odors in the house, the buyer may become
distracted. I recommend sellers use Febreze to safely eliminate odors like
those caused by pets, cooking, must, mildew or smoke from carpets, drapes, and
upholstery. Simply spray Febreze on the fabric and as it dries the odors are
cleaned away for good.
The most uncomfortable topics real estate agents have to address with
sellers are ...
-- cleanliness (35%) and odors (32%)
Tip: Be sure your house stands up to the competition. Look at other
houses that are for sale and notice how a house that's less than sparking
clean feels uncomfortable. I recommend sellers do a "spring" cleaning -- from
the ceiling to the floor -- which creates an uplifting feeling and sends the
message that this home has been well cared for. Clean every inch of space and
every item in it. Or, hire professionals to jump-start the process.
When it comes to advising a seller on how to make a house seem more
appealing to buyers, 37% of real estate agents suggested neutralizing odors.
Other suggestions include:
-- 30% say to repaint the walls
-- 19% advise sellers to make small repairs
-- 8% recommend removing personal objects such as family photos
Tip: If a buyer is uncomfortable with a scent -- from smoking and pets to
perfumed soaps and potpourri, they may find it difficult to go though the
house. At the least, their perception of the house will be influenced by the
specific smell. A neutral, clean atmosphere will make any buyer more
comfortable so they can move on to imagining moving in. A negative can
sometimes make the strongest impression. If an odor is present, it can define
the house in the buyer's mind: they may remember your house as "the one that
smelled like ... "
When encountering household odors, almost half (45%) of real estate agents
recommend that sellers use an odor removal spray on carpets, furniture,
drapes, and other items to rid the house of odors.
-- 22% suggest opening windows to air out the house
-- One in ten (10%) choose lighting candles or baking cookies to fill the
house with a more pleasant smell (10%).
Tip: Eliminating odors from a house is one of the easiest and least
expensive steps you can take to put your house on the "sold" list. A surefire
way to quickly eliminate odors is a product called Febreze. Febreze will
eliminate odors caused from pets, cooking, mildew, or smoke from your carpet,
upholstery, and drapes. Remember, any smell has the potential to distract a
buyer, and every house has a scent. If you think yours doesn't, ask a friend
to do a "sniff" test.
The majority of real estate agents (87%) mention easy-to-do improvements
inside the home that sellers could do before showing the home, but don't.
Some easy to do improvements agents cite are:
-- Painting/ touch-ups (47%)
-- Simple housecleaning (30%)
-- Minor plumbing repairs (15%)
Tip: A house that needs repairs -- even routine maintenance -- looks like
work. We all have enough work and not enough time or money. Buyers often
overestimate the amount of time and money repairs will take. For example, a
dripping faucet may only take a few minutes and a few cents to fix, but a
buyer may translate it into a "plumbing problem" that could require hundreds
of dollars to fix. Remember you aren't trying to sell "your" house -- you
want to sell someone a home. How you live in it is different than putting a
product on the market. You need to make it appeal to as many people as
possible. A fresh, clean, and spacious feeling house will help buyers imagine
their life in your house. And that kind of thinking leads to a sale.
The National Realtor Survey 2000 results are based on 494 executive
telephone interviews conducted with licensed real estate agents (males and
females) from a national sample. Interviews were conducted during the period
of November 29-December 6, 1999 by Opinion Research Corporation International
on behalf of Febreze.
SOURCE Procter & Gamble
Comments (0)Astrologie(TM) Launches Website www.astrologie123.com and Infomercial for their new Astrologically Empowering Scents
Posted Tuesday, March 14, 2000 - 11:57 by BeautyCare.com
Astrologie(TM) Launches Website www.astrologie123.com and Infomercial for
Their New Astrologically Empowering Scents
Astrologie(TM), First Interactive Fragrance System
Based on the Science of Astrology
LOS ANGELES, March 10 /PRNewswire/ -- Astrologie (TM), a personalized
fragrance system that reflects the interaction among the signs of the zodiac
with a woman's birth sign, announced today the launch of their national
infomercial and new web site, http://www.astrologie123.com.
The Astrologie(TM) infomercial, hosted by actor Karen Richmond, describes
the fun, interactive system that gives women a choice of fragrances based on
what they want to accomplish for the day. It will launch on March 11, 2000 in
Boston, Chicago, Dallas, Denver, Detroit, Los Angeles, Miami/Ft. Lauderdale,
New York, San Francisco, Tampa and Washington DC, along with one national
cable channel.
The new web site, http://www.astrologie123.com, features Astrologie's interactive
fragrance system. The site includes thorough astrological sign descriptions,
daily and monthly astrological readings, as well as a personalized journal for
women to log daily events and thoughts.
Astrologie(TM) is a personalized fragrance system developed by
astrologist, Carolina Eastwood. Based on the essential desire for
enhancement, the system identifies the essential characteristic of each sign,
which combined with other signs gives women the power to enhance their
complete spirit. The scents were designed using the essences of plants and
flowers that are ruled by the same astrological influences. The bottle colors
are representative of the planetary influences of each of the signs. For more
information call 310-440-9494 or visit http://www.astrologie123.com.
SOURCE Astrologie
Comments (3)Candie's, Inc. Announces Handbag License Agreement
Posted Tuesday, March 14, 2000 - 11:55 by BeautyCare.com
Candie's, Inc. Announces Handbag License Agreement
The Company Will Partner with Market Leader, Trebbianno, to Grow its
Existing Business
PURCHASE, N.Y., March 9 /PRNewswire/ -- Candie's, Inc. (Nasdaq: CAND)
("the Company") today announced that it has entered into a handbag license
agreement with Trebbianno LLC. Trebbianno LLC will assume the responsibility
for design, sourcing and distribution of the Company's current wholesale
handbag business with the goal of expanding Candie's and Bongo handbags and
small leathergoods in the U.S. and internationally in Canada and the U.K. The
initial term of the agreement is for 3-1/2 years and is scheduled to begin
with the March accessories market, which is currently underway. Trebbianno
markets its products in department and specialty stores under the brand names
Frankie and Johnnie and Hush Puppies, a licensee of Wolverine World Wide Inc.
Commenting on the announcement, Neil Cole, Chairman and Chief Executive
Officer stated, "The Company has set a strategy focused on three areas,
building the Candie's brand, restoring profitability in our core footwear
division, and extending our brand utilizing strategic partners in related
product categories. The Company's restructuring efforts are expected to
improve our operating results in this fiscal year. In addition to focusing on
building our brand image, the restructuring includes reducing overhead,
increasing licensing revenue, and raising our maintained gross margin. We
believe we are on the right track, as evidenced by the strong retail
performance of our spring footwear line. This handbag license represents
another example of how Candie's plans to restore profitability and regain its
position, as a growth company. We are pleased to have Trebbianno, a well
regarded handbag company, as our licensing partner, Neil Cole concluded".
According to Michael Seamon, Kim Drader and Terry McCormick, Partners of
Trebbianno LLC, "Candie's has a strong brand name with the generation "Y"
consumer and has already developed a solid handbag business. Our strength in
designing, sourcing, and distributing moderately priced handbags coupled with
Candie's leadership in marketing should enable us to build this business
significantly. We expect to capitalize on our combined strength by increasing
the penetration of Candie's and Bongo's existing handbag business, by entering
additional department and specialty store doors, and by expanding
internationally.
Candie's is a leading designer and marketer of young women's footwear,
apparel and accessories. The Company distributes its products through better
department and specialty stores nationwide, as well as through seven
company-owned stores and specialty stores internationally. Candie's Inc. also
owns and markets footwear, accessories and apparel under the Bongo trademark.
Candie's also arranges for the manufacture of footwear products for mass
market and discount retailers under the private label brand of the retailer or
other trademarks owned or licensed by Candie's. Additionally, the Candie's
brand is licensed to Liz Claiborne Inc. for the manufacture, sale and
distribution of fragrances and cosmetics and to Trebbianno for the
manufacture, sale and distribution of handbags and small leathergoods.
Candie's Inc. operates http://www.candies.com, a leading community for teens
on the web. For investor information please visit the corporate web site at
http://www.candiesinc.com.
Trebbianno LLC designs sources and distributes handbags under the brand
names, Frankie and Johnnie and Hush Puppies for sale in department and
specialty stores in the U.S. and internationally. The Company has corporate
offices in New York City.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995. The statements which are not historical facts contained in this
press release are forward-looking statements that involve a number of known
and unknown risks, uncertainties and other factors all of which are difficult
or impossible to predict and many of which are beyond the control of the
Company, which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Such factors include, but are not limited to, uncertainty regarding
continued market acceptance of current products and the ability to
successfully develop and market new products particularly in light of rapidly
changing fashion trends, the impact of supply and manufacturing constraints or
difficulties relating to the Company's dependence on foreign manufacturers,
uncertainties relating to customer plans and commitments, competition,
uncertainties relating to economic conditions in the markets in which the
Company operates, the ability to hire and retain key personnel, the ability to
obtain capital if required, the risks of litigation, the risks of uncertainty
of trademark protection, Year 2000 compliance, the uncertainty of marketing
and licensing the trademarks acquired during fiscal 1999 and other risks
detailed and in the Company's Securities and Exchange Commission filings, and
uncertainty associated with the impact on the Company in relation to recent
events discussed in the Company's Form 10-K for fiscal 1999.
The words "believe," "expect," "anticipate," "seek" and similar
expressions identify forward-looking statements. Readers are cautioned not to
place undue reliance on these forward-looking statements, which speak only as
of the date the statement, was made.
SOURCE Candie's, Inc.
Comments (3)Retail Sales of Anti-Aging Products Expected to Reach $4.3 Billion by 2003
Posted Tuesday, March 14, 2000 - 11:53 by BeautyCare.com
Retail Sales of Anti-Aging Products Expected to Reach $4.3 Billion by 2003
NEW YORK, March 9 /PRNewswire/ -- Retail sales of anti-aging products more
than tripled from 1994-98 to $1.657 billion, and are expected to climb to $4.3
billion by 2003, according to a recent study published by Kaolorama
Information. The largest factors contributing to the industry's dramatic
growth are the aging baby boomer generation combined with a substantial
increase of new products into the market.
Since 1996, when the first set of baby boomers turned 50, some
10.1 million Americans have crossed the half-century point, becoming members
of the "mature market," and this trend will continue for the next 29 years.
As a response, hundreds of products have been developed in both the VSM
(Vitamin Supplement Mineral) and cosmeceutical categories. Cosmeceuticals,
skincare products in the anti-aging market, were introduced into mainstream
retail channels eight years ago. Unlike cosmetics, which cover-up the signs of
aging, these products contain ingredients designed to reduce and protect
against the signs of skin aging. According to the study, drugstores hold an
estimated share of 29% of sales in the cosmeceutical industry, followed by
department stores at 26% and mass merchandisers at 24%. The study noted that
food stores have done a poor job at capitalizing in this industry, and have
failed to gain a substantial market share.
"Perhaps the most noteworthy factor influencing competition in the
anti-aging category is the number of marketers flocking towards
it-particularly through mass market and direct channels," said David Lummis,
author of the study. The VSM market has experienced superior growth due to
evidence that products such as vitamins C and E slow certain aspects of the
aging process, and when taken regularly, can increase the life span of males
and female by up to six years.
Lummis added, "the pharmaceutical giants and herbal tea producers are
entering the market at mass, while several leading mass marketers are
expanding their sales through direct channels. All of this is in response to
the growing popularity of anti-aging VSM's among consumers and the products'
increasing acceptance by the scientific community."
About Kalorama Information
Kalorama Information is a leading publisher of market research and
intelligence reports for key executives, offering essential data and concise
analysis. Over 70 studies a year target healthcare and pharmaceuticals,
packaged goods, personal care, consumer goods, demographics, industrial goods,
and food and beverages. For over 20 years, we have been providing critical
information to decision makers across the U.S. including Kraft General Foods,
Nabisco, Pfizer, Bristol-Myers Squibb, Procter and Gamble, and Andersen
Consulting. For more information call MarketResearch.com at 800-298-5699 or
visit our Web site at http://www.marketresearch.com.
SOURCE Kalorama Information
Comments (0)Clinical Advantages of the BIOLASE HydroKinetic Laser
Posted Tuesday, March 14, 2000 - 11:52 by BeautyCare.com
Clinical Advantages of the BIOLASE HydroKinetic Laser
Presented at International Symposium
SAN CLEMENTE, Calif., March 8 /PRNewswire/ -- BIOLASE Technology, Inc.
(Nasdaq: BLTI), announced today that its revolutionary HydroKinetic(R) hard
and soft tissue dental laser was the focus of several presentations at the 7th
Annual International Conference of the Academy of Laser Dentistry (ALD), held
in Panama City, Florida, from March 1-4, 2000. BIOLASE's HydroKinetic(R)
technology uses laser-energized water to cut human tissue without heat,
vibration or trauma.
"These findings presented at the ALD and other meetings are fundamental to
the critical process of educating dentists around the world about the
clinically superior capabilities and the pain free breakthrough of the
HydroKinetic(R) technology," commented Keith Bateman, BIOLASE vice president
of global sales. He added, "This year we are aggressively stepping up our
efforts to educate dentists and the public about the numerous benefits of
HydroKinetic(R) technology."
The presentations focused on the effectiveness of the Millennium(TM)
HydroKinetic(R) laser for removing enamel, dentin and decay and the superior
results completing the restoration. Findings were also presented explaining
the revolutionary ability of the Millennium(TM) to painlessly perform dental
procedures without anesthesia, needles or the drill.
Dr. Manlio Curti's presentation, "SEM Analysis of the Effectiveness of an
Er, Cr:YSGG Laser," concluded that the BIOLASE system produced superior
results for cavity preparation and bonding of composites when compared to
traditional methods, with the additional breakthrough benefit of performing
painless dentistry. Dr. Curti noted, "The Millennium(TM) is much better than
the dental drill. It allows us to perform micro-dentistry, conserve more of
the healthy tooth structure and produces a better restoration than traditional
methods. The Millennium(TM) represents the best care you can provide patients
today."
Dr. Curti, an internationally respected medical doctor and periodontist,
has been evaluating the effectiveness of the Millennium(TM) using a Scanning
Electron Microscope at the University of Nice for two years.
Dr. Giuseppe Iaria's presentation, "Clinical Uses of the Er, Cr:YSGG
Laser," demonstrated the effectiveness of the Millennium(TM) laser for both
hard and soft tissue procedures without using anesthesia. Dr. Iaria stated,
"The Millennium(TM) allows us to provide patients with higher quality
preparations than standard devices such as the dental drill. It has great
advantages in desensitizing and sterilizing teeth prior to crown placement. I
never use anesthesia when preparing cavities with this laser. It quickly
cuts, coagulates and sterilizes soft tissue with no pain."
Dr. Iaria, in private practice in Brescia, Italy, is a respected dental
laser instructor and lectures in Europe and the United States.
Other presentations on the Millennium(TM) included a clinical and hands-on
demonstration by Dr. Mitchel Lomke and a lecture by Ioana Rizoiu, M.S.,
focusing on the superior cutting ability of HydroKinetic(R) technology. Dr.
Lomke, in private practice in Maryland, noted, "The Millennium(TM) is the most
versatile tool I have used in 21 years of practicing dentistry. It can
painlessly prepare cavities, treat periodontal disease as well as effectively
perform numerous soft tissue procedures with hemostasis." Ms. Rizoiu, vice
president of clinical research and development for BIOLASE, has been studying
laser/tissue interaction for ten years.
BIOLASE Technology, Inc. (http://www.BIOLASE.com), is a medical technology
company, which possesses and develops advanced dental, cosmetic, aesthetic and
surgical products, including HydroKinetic(R) surgical cutting systems and
other advanced laser and non-laser based products for the professional and
home consumer market. The company's products incorporate patented and
patent-pending technologies in the pursuit of painless surgery. BIOLASE is
the world leader in painless hard and soft tissue dental laser technology.
The matters discussed in this news release include forward-looking
statement, which are subject to various risks, uncertainties and other factors
that could cause actual results to differ materially from the results
anticipated in such forward-looking statements. Such risks, uncertainties and
other factors include, but are not limited to, the effect of actions of third
parties, including governmental officials, the timely development and
acceptance of new products, the impact of competitive products and pricing,
and other risks detailed from time to time in the Company's filings with the
Securities and Exchange Commission, including the reports on Forms 10-K and
10-Q. These forward-looking statements represent the Company's judgment as of
the date of this release. The Company disclaims, however, any intent or
obligation to update these forward-looking statements.
For more information, contact Jeffrey W. Jones, President and CEO of
BIOLASE Technology, Inc., 949-361-1200.
SOURCE BIOLASE Technology, Inc.
Comments (4)Dental Professionals and Patients Recognize Benefits of Power Toothbrushing in
Posted Tuesday, March 14, 2000 - 11:50 by BeautyCare.com
Dental Professionals and Patients Recognize Benefits of Power Toothbrushing in
Large Practice-Based Study
BOSTON, March 8 /PRNewswire/ -- Building on the existing body of clinical
research about the oral health benefits of using certain power toothbrushes
compared to a manual toothbrush, researchers conducted a sizeable
practice-based study of 16,903 dental patients and found not only that using a
Braun Oral-B power toothbrush improved the subjects' oral health but also that
direct experience evaluating the effect of this power toothbrush convinced
dental professionals of its efficacy.
The practice-based study published in the March issue of the Journal of
the American Dental Association (JADA) examines the attitudes of both the
3,669 participating dental professionals and their patients about the use of
the Braun Oral-B power toothbrush -- an approach that, combined with the
numerous published controlled clinical studies of power toothbrushes, yields a
more complete picture of the growing acceptance of certain power toothbrushes
by professionals and consumers.
According to the study results, the Braun Oral-B(R) Ultra Plaque Remover
was considered by dental professionals to have had a positive effect on the
oral health of 80.5 percent of their patients. Dental professionals noticed
benefits with respect to a number of clinical criteria, including plaque
removal and gingival condition.
According to a survey conducted by the American Dental Association (ADA)
at its 1999 conference, 45 percent of dentists see periodontal disease as the
most pressing oral health issue in the new millennium and 57 percent
identified gum disease as the one issue about which patients are not
adequately concerned. Certain power toothbrushes have been shown to remove
plaque better than manual toothbrushes, improve the condition of users' gums
and reduce the risk of gum disease (gingivitis).
"Braun Oral-B is a brand with a respected history in the dental profession
and a commitment to ongoing research to improve oral care products for the
benefit of consumers' oral health," said Dr. Paul Warren, co-author of the
study and director of clinical research and regulatory affairs, Braun GmbH,
Kronberg, Germany. "We believe the results of this large practice-based study
-- a valuable 'real-world' counterpart to published clinical studies -- will
help people understand that power-assisted toothbrushing is not a luxury or a
fad. There are compelling, legitimate reasons to use certain power-assisted
toothbrushes. Direct experience seems to have a positive effect in convincing
dental professionals of this, and the recommendations of dental professionals
are key to consumer acceptance."
Other key results reported in the JADA article include:
-- More than 90 percent of dental professionals considered that their
patients' oral health had improved somewhat or improved considerably
by changing to use of the Braun Oral-B Ultra Plaque Remover
-- Patients agreed with this evaluation; a total of 74 percent thought
that use of the Braun Oral-B Ultra Plaque Remover had resulted in the
improvement of their oral hygiene compared to using only a manual
toothbrush
-- Ninety-four percent of patients said that they would either probably
or definitely continue to use the Braun Oral-B Ultra Plaque Remover,
and 75 percent would recommend it to a friend
-- Approximately 70 percent of dental professionals would now be more
likely to recommend a power toothbrush to their patients
-- The percentage of dental professionals who considered power-assisted
to be the most effective method of brushing teeth increased from 37.6
percent to 62.5 percent
Braun and Oral-B, both subsidiaries of The Gillette Company (NYSE: G),
have worked together for more than a decade to develop and market leading
power-assisted oral care appliances. The combination of Braun's expertise in
high quality electric appliances and Oral-B's dental care expertise has
created the world's best selling powered plaque remover brand. Braun Oral-B
is the power-assisted brand most recommended by dental professionals
worldwide.
Headquartered in Boston, Mass., The Gillette Company (http://www.gillette.com) is
the world leader in male grooming products, including blades, razors and
shaving preparations. Gillette also holds the number one position worldwide
in selected female grooming products, such as wet shaving products and hair
epilation devices. The Company is the world's top seller of writing
instruments and correction products, toothbrushes and oral care appliances.
In addition, the Company is the world leader in alkaline batteries.
Please see other materials enclosed in this kit for a list of review
papers of existing clinical studies, as well as details on the methodology of
the Braun practice-based study. To request a copy of the March issue of JADA,
please contact Porter Novelli.
SOURCE Braun Oral-B
Comments (0)New Curad 'Triple Antibiotic' Bandages Maximizes Infection Protection
Posted Tuesday, March 14, 2000 - 11:47 by BeautyCare.com
New Curad 'Triple Antibiotic' Bandages Maximizes Infection Protection
WILTON, Conn., March 7 /PRNewswire/ -- When a child gets a cut or scrape,
you can kiss away the tears. You can kiss away the pain. But your kisses
can't protect and heal the wound. Fortunately Curad can.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000307/NYTU058 )
Introducing Curad Triple Antibiotic, a new bandage offering on the spot,
maximum protection from infection with a triple antibiotic ointment right on
the pad.
Protection. Not infection.
Triple antibiotic ointment. Not disappointment.
Even in small cuts or scrapes, germs and bacteria can cause a painful
infection. Curad's New Triple Antibiotic bandage provides maximum protection
against infection-causing germs and bacteria. It's the first branded bandage
to offer a triple antibiotic ointment directly on the pad, providing both
protection and convenience.
So at home or on the go, New Curad Triple Antibiotic bandages offer the
same infection fighting ingredients as leading triple antibiotic ointments and
will be available in stores this Spring.
These products reinforce Curad's commitment to provide active people of
all ages with innovative, quality products that help heal at a competitive
price.
Also, for kids, Curad introduced Star Wars, Scooby-Doo and Casper bandages
which make healing fun!
Beiersdorf, Inc is the worldwide leader in first aid and skin care
products. In addition to Curad, the Wilton, Connecticut-based company also
markets such brands as Nivea, Eucerin and Futuro.
SOURCE Beiersdorf, Inc.
Comments (0)Web Site Eliminates Stress of Buying Hosiery
Posted Tuesday, March 14, 2000 - 11:42 by BeautyCare.com
Web Site Eliminates Stress of Buying Hosiery
AlexBlake.com Gives Women an Alternative
To Cluttered Department Store Displays
LOS ANGELES, March 7 /PRNewswire/ -- Starting today, women will never
again have to experience a chore they love to hate: shopping for hosiery.
AlexBlake.com announces the launch of its e-commerce site
(http://www.AlexBlake.com), the premier Internet destination for
first-quality, name brand and designer hosiery.
AlexBlake.com ends the frustration of searching through cluttered
department store displays; the aggravation of never finding the right size and
color; and the irritation of making frequent return trips.
Offering the widest selection of hosiery available anywhere -- including
designer brands such as Donna Karan, Dolci Calze, Hanes, Evan Picone, Ellen
Tracy, Oroblu and more -- the site saves time for women by eliminating the
many hassles of department store hosiery shopping.
Designed for women by a woman, AlexBlake.com was founded by Marcy Pettitt,
an attorney and mother of two, who attributes her own hosiery shopping
experiences as the impetus of the site. "It didn't make any sense to have to
leave my home or office to purchase the same brand, style and color of
pantyhose I wear every day," says Pettitt. "It's a buying process that is
ideally suited for the Internet."
Peter A. Sheinbaum, the architect and former manager of E! Online's
e-commerce site, shop.eonline.com, is president and COO of AlexBlake.com and
the driving force behind the Web site's development.
"U.S. consumers buy nearly 4.8 billion pairs of sheers, tights and socks
each year, and they spend an average of three to four hours a month shopping
for them," said Sheinbaum. "We're giving that time back to our customers by
providing an easier, more convenient way to purchase hosiery."
AlexBlake.com's unique features include: wear-test reviews providing
objective and accurate information on the style, fit and comfort for each
product; a glossary and search tool designed to help customers tailor their
product search; the Hosiery Club, a proprietary repeat-ordering system which
allows customers to have favorite products delivered to their homes or offices
whenever they choose; and a no-questions-asked 30-day money-back guarantee on
all products. In addition, Hosiery Club members receive free standard
shipping. E-mail and telephone support and real-time order tracking are
standard features of the site.
Targeted to busy women, AlexBlake.com is the premier Internet destination
for first-quality name brand and designer hosiery, providing unparalleled
customer service, the widest selection and unsurpassed convenience. The
company was founded in 1995 as Top-Drawer.com and is headquartered in Los
Angeles, Calif. AlexBlake.com is a privately held company.
SOURCE AlexBlake.com
Comments (0)Avon and Roche Announce Global Alliance for Women's Vitamin
Posted Tuesday, March 14, 2000 - 11:41 by BeautyCare.com
Avon and Roche Announce Global Alliance for Women's Vitamin,
Nutritional Supplements
Launch Marks Initial Avon Entry Into Women's Health, Well-Being
NEW YORK, March 7 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) and
Roche today announced a global strategic alliance for the development and sale
of an exclusive line of vitamins and nutritional supplements for women and
their families. The alliance will result in the introduction of a full line
of products in 2001, and new products in each of the next four years.
Financial terms were not disclosed.
Avon first announced its intention to launch a global line of women's
health and well-being products last year as one of its strategies to
accelerate sales growth. In addition to vitamins and nutritional supplements
under the Roche agreement, the overall line will include products for exercise
and fitness, stress management and self-care. The line will be marketed in a
distinct sales brochure through Avon's independent sales representatives.
Under the five-year agreement, Roche Consumer Health, a member of the
global health care group, will develop and formulate a line of high-quality,
science-based vitamins and nutritional supplements designed to address the
health and wellness needs of women and their families. Roche Consumer Health
also will provide marketing and regulatory support to Avon worldwide.
Avon will have exclusive worldwide distribution rights for the new line
through its representatives and other complementary sales channels, including
the Internet and retail kiosks. By the end of 2001, Avon expects the new
global product line to be available in 15 markets, including its five largest
-- the U.S., Mexico, Brazil, Argentina and the U.K. - which comprise about 65%
of the company's total sales. The brand name of the line has not been
finalized.
"Roche Consumer Health's unparalleled scientific expertise and brand
equity, combined with Avon's worldwide brand recognition and consumer reach,
represent an exciting incremental sales opportunity," said Andrea Jung, Avon's
president and chief executive officer.
"Women's health and well-being is a natural extension of Avon's beauty
focus," Ms. Jung added. "Our research around the world shows that women today
are vitally concerned about inner health as well as outer beauty. We expect
that the overall line of women's health and well-being products, including the
new line of vitamins and nutritional supplements, could generate $200 to $300
million in annual revenues in five years."
"This agreement enables Roche to extend its commitment to health, well-
being and quality of life further into the consumer health arena," said Cliff
Clive, head of Roche Consumer Health North America. "By participating with
Avon, we'll be able to apply our expertise in vitamins, nutrition and health
promotion to the development and distribution of a new line of products that
promise to enhance the lives of women everywhere."
Headquartered in Basil, Switzerland, Roche is one of the world's leading
research-oriented health care groups. With principal businesses in the fields
of pharmaceuticals, diagnostics, vitamins and fragrances and flavors, Roche's
innovative products and services address prevention, diagnosis and treatment
of diseases, contributing broadly to the enhancement of health, well-being and
quality of life. For more information, visit the company's global website at
http://www.roche.com.
Avon is the world's leading direct seller of beauty and related products,
with $5.3 billion in annual revenues. Avon markets to women in 136 countries
through three million independent sales representatives. Avon product lines
include such recognizable brands as Anew, Skin-So-Soft, Avon Color, Far Away,
Rare Gold, Perceive and Women of Earth. Avon also markets an extensive line
of fashion jewelry, apparel, gifts and collectibles. More information on Avon
and its products can be found on the company's award-winning website
http://www.avon.com.
SOURCE Avon Products, Inc. and Roche Consumer Health
Comments (0)LightTouch Vein & Laser, Inc. Reports Its Year End Financial Results
Posted Tuesday, March 14, 2000 - 11:38 by BeautyCare.com
LightTouch Vein & Laser, Inc. Reports Its Year End Financial Results
CINCINNATI, March 7 /PRNewswire/ -- LightTouch Vein & Laser, Inc.
(OTC Bulletin Board: LTVL) has reported its financials for the year ending
December 31, 1999.
Greg Martini, CEO of LightTouch stated, "We are very pleased with our
progress in 1999. In addition to building our internal corporate structure,
which will enable us to expand our business operations rapidly over the next
few years, we finalized the acquisition of Tri-State Mobile Laser Services, we
experienced steady improvement in revenues in our Cincinnati center and we
took the company public. LightTouch will move forward in its acquisition
strategy in the first quarter of 2000."
Reported revenues for the year ending December 31, 1999, were
$2.4 million, compared to $1.8 million in revenues in the previous year
ending. This represents over a 30% increase. The increase is attributed to
the acquisition of a mobile laser service, expansion of services such as
endermologie (body contouring), therapeutic massage, tooth-whitening laser
service and power peel facial treatments. Additionally, a more experienced
sales staff contributed to increased sales.
While sales revenues are increasing, losses from operations and net losses
are fluctuating yearly due to the focus of the company to expand with
additional centers. The loss from operations decreased from approximately
$640,000 in 1997, to $82,000 in 1998. However, the loss increased to $278,000
in 1999. On an annualized basis, the net loss decreased from approximately
$650,000 in 1997, to $210,000 in 1998, but increased to $351,000 in 1999. The
main reason for the increased loss was the acquisition of the mobile laser
service. This business was acquired as a service to future acquired laser
centers which allows for efficient utilization of high cost laser equipment
between centers. LightTouch's corporate structure is built to facilitate
multiple center management under its existing infrastructure. Therefore, the
company sees significant improvement in its costs of goods sold and its
S, G & A, as a percentage of revenues, as the company implements its strategy
of center growth.
As of December 31, 1999, the company had a working capital deficiency of
$123,183, as compared to a working capital deficiency of $185,196 at December
31, 1998. This improvement was due in large part to the sale of $500,000 in
equity (including the conversion of $300,000 of debt to equity). Management
expects to address any future liquidity needs through the issuance of debt
and/or equity securities, bank loans, shareholder loans and lease financing of
equipment.
The company, through LightTouch Vein & Laser, Inc., its wholly-owned
subsidiary, currently provides aesthetic laser and cosmetic surgery services
in the Cincinnati, Ohio area. LightTouch engages the medical services of Vein
& Laser Center, Inc. LightTouch provides administrative and medical support
services to this medical practice. Such services include marketing, human
resource service, resource management of laser equipment through its mobile
laser service. The company plans to expand its center-base throughout
targeted regions through acquisitions similar to the eye laser center
providers, LCA Vision, Inc. (symbol "LCAV") and TLC Laser Eye Centers, Inc.
(symbol "TLC CN") and tooth-whitening centers owned by BriteSmile, Inc.
(symbol "BWT").
Except for historical information contained herein, the matters discussed
in this announcement may contain forward-looking statements that involve risks
and uncertainties. These risks are detailed from time to time in the
Company's public disclosure filings with the U.S. Securities and Exchange
Commission (SEC).
SOURCE LightTouch Vein & Laser
Comments (2)P&G to Deliver 7-8% Second Half Top Line Growth, Revises Earnings Outlook
Posted Tuesday, March 14, 2000 - 11:37 by BeautyCare.com
P&G to Deliver 7-8% Second Half Top Line Growth, Revises Earnings Outlook
CINCINNATI, March 7 /PRNewswire/ -- The Procter & Gamble Company
(NYSE: PG) today said that it expects to deliver top line sales growth of 7-8
percent for the second half of the fiscal year, more than double last year's
rate for the same period, but revised its earnings outlook. The changes in
earnings expectations trace to several unanticipated events not offset by cost
savings.
P&G said that it expects core third quarter earnings per share (EPS) on a
diluted basis to be 10 to 11 percent below year-ago, compared to its previous
guidance of a 7-9 percent increase. EPS growth for the fourth quarter is
expected to be between 16 and 18 percent, versus year-ago.
Resulting core net earnings per-share-growth for the fiscal year are
expected to be about 7 percent, versus the 13 percent originally anticipated.
P&G also said it is comfortable with next year's guidance of 6-8 percent top
line growth and an increase in earnings per share on this revised base at the
upper end of the 13-15 percent range.
"Our strategy of driving growth through innovation is working and has
jump-started top line growth. This year's growth progress has been achieved
in half the time we expected, even in a year of unprecedented organizational
change. We are getting more innovations to market faster because of our
Organization 2005 structure and culture changes," said P&G's Chief Executive
Durk I. Jager.
"Nonetheless, I am deeply disappointed we have not made more progress in
driving profit growth. We are making changes in the way we launch initiatives
to better balance long-term growth and near-term earnings, and are re-
sharpening our focus on cost reduction. We have proven we can grow sales at a
high single-digit rate; we must do it more efficiently to deliver much
stronger earnings growth in the future."
Several unexpected events since P&G's last forecast are impacting the
change in earnings expectations. They include:
* Higher-than-anticipated pulp costs not fully covered by cost savings and
pricing, as well as higher costs of petroleum-based raw materials.
* Higher manufacturing, inventory, and logistical costs in Europe
associated with a large number of new initiatives launched in the region
at a time of unprecedented organizational change.
* A shift in a milestone payment and minor asset sales from January-March
to April-June. The majority of this impact is associated with a delay
in the US approval of P&G's osteoporosis drug, Actonel. Actonel just
received regulatory approval from twelve new countries in Europe. US
approval is expected shortly.
* Aggressive competitive pricing, primarily in Argentina, Brazil and
Chile, associated with the launch of several new brands. P&G has
established encouraging initial share positions and is committed to
success in the region.
"We remain confident that the improvements we are making through
Organization 2005, along with renewed cost focus, will create sustained 6-8
percent top line growth rates and 13 to 15 percent earnings-per-share
increases," continued Jager. "This has been a transition year. Going forward
we are going to focus on P&G basics -- hard-nosed cost management and
commitment to deliver expectations -- as well as accelerating sales growth.
"We have a strong new product pipeline. In January, we announced that
four more new-to-the-world products would get broader market exposure in the
US over the next few months: Mr. Clean Antibacterial Wipes(R); Fit Fruit and
Vegetable Wash(R); Thermacare(R) heat wraps; and Impress(R), a revolutionary
new food wrap. We have a further ten to fifteen new products that will get
market exposure over the next year or two.
"Organization 2005 is absolutely right. It delivers more robust
strategies, more innovation, more speed," added Jager. "We have demonstrated
that we can grow sales significantly faster. We are committed to applying the
same stretch mindset to cost reduction that we've successfully applied to
accelerating sales growth. I remain very confident about the future.
Consequently, we will continue to use our free cash flow to repurchase shares
as part of our ongoing discretionary stock repurchase program."
Procter & Gamble markets approximately 300 brands to nearly five billion
consumers in over 140 countries. These brands include Tide(R), Ariel(R),
Crest(R), Pantene Pro-V(R), Always(R), Whisper(R), Pringles(R), Pampers(R),
Oil of Olay(R), and Vicks(R). Based in Cincinnati, Ohio, USA, P&G has on-the-
ground operations in over 70 countries and employs more than 110,000 people
worldwide.
This news release contains forward-looking statements, as that term is
defined in the Private Securities Litigation Reform Act of 1995. In addition
to the risks and uncertainties noted in this news release, there are certain
factors that could cause results to differ materially from those anticipated
by some of the statements made. These factors are listed in Management's
Discussion and Analysis of Financial Condition and Results of Operations in
the Company's most recently filed annual report on Form 10-K for the Fiscal
Year ended June 30, 1999, and quarterly report on Form 10-Q for the fiscal
quarter ended December 31, 1999.
SOURCE The Procter & Gamble Company
Comments (0)French Fragrances Reports Record Fourth Quarter And Year-End Earnings
Posted Tuesday, March 14, 2000 - 11:18 by BeautyCare.com
French Fragrances Reports Record Fourth Quarter And Year-End Earnings
Net Income up 27% for the Quarter and 28% for the Year
MIAMI, March 7 /PRNewswire/ -- French Fragrances, Inc. (Nasdaq: FRAG), a
leading manufacturer and marketer of prestige fragrances, today reported
record earnings for the three months and year ended January 31, 2000.
For the year ended January 31, 2000, net sales rose 17% to $361.2 million,
from $309.6 million in fiscal 1999. Gross profit increased 41% to $125.1
million, from $88.5 million the prior year, while gross margins rose to 34.6%,
compared with 28.6% in fiscal 1999. EBITDA (earnings before interest, taxes,
depreciation and amortization) advanced 22% to $56.1 million, compared with
$46.2 million in fiscal 1999. Net income in fiscal 2000 increased 28% to
$15.3 million, or $1.11 per share ($.99 per share diluted), compared with
$12.0 million, or $.87 per share ($.73 per share diluted) in fiscal 1999.
Net sales for the fourth quarter amounted to $90.3 million, compared with
$88.7 million for the corresponding period last year. Gross profit advanced
27% to $29.5 million, while EBITDA climbed 19% to $14.9 million. Net income
for the fourth quarter increased 27% to $4.0 million, or $.29 per share
($.27 per share diluted), from $3.2 million, or $.23 per share ($.21 per share
diluted), in the corresponding prior-year period.
"We are very pleased with our continued growth in profitability, and, in
particular, the 129% sales growth of our owned and licensed brand portfolio,"
said E. Scott Beattie, President and Chief Executive Officer. "During fiscal
2000, the Company's owned and licensed brands represented 39% of net sales.
We are also proud of the growth the Company has achieved over the past five
years, evidenced by our compounded annual growth rate of 40% in net sales, 57%
in EBITDA and 50% in net income."
Mr. Beattie noted that the strong fourth quarter and fiscal year results
reflected the Company's growing participation as a prestige fragrance category
manager for additional major merchandisers, including Rite Aid, Target,
American Stores, Albertson's and Duane Reade, as well as an average of
approximately 85% sell through of the Company's promotional products during
the holiday season.
"We are very excited about the performance of the Paul Sebastian fragrance
lines which we acquired in January 1999. PS Fine Cologne for Men and Design
for Women have sustained strong rankings in the department store channel,
including Top 15 rankings during the holiday season in department stores such
as Dillard's, Lord & Taylor, Proffitt's, Stern's, Belk, McRae's, Kaufmann's,
Famous Barr and Parisian," Mr. Beattie added. "The success of our prestige
department store platform during fiscal 2000 underscores the strength of
French Fragrances' business model, and provides additional opportunity for
growth."
Du