Blyth, Inc. Announces Acquisition Of Internet Retailer Native Remedies

GREENWICH, Conn., Feb. 9, 2015 /PRNewswire/ -- Blyth, Inc. BTH, a direct-to-consumer company and leading designer and marketer of candles and accessories for the home and health, wellness and beauty products, household convenience items and personalized gifts sold through the direct selling and direct marketing channels, announced that its Silver Star Brands business unit has acquired certain of the assets of Native Remedies^® LLC.  The Native Remedies^® brand will become part of Silver Star Brands, headquartered in Oshkosh, Wisconsin.

Launched in 2002, Native Remedies is a direct-to-consumer eCommerce marketer of natural herbal dietary supplements and homeopathic products.  The company embraces a natural approach to common ailments for complete family wellness, including pets, through a variety of high quality remedies.  The complete product offering can be found at www.nativeremedies.com.

Robert B. Goergen, Jr., Chief Executive Officer of Blyth said, "The addition of Native Remedies will complement our existing direct-to-consumer portfolio while enhancing our market share within eCommerce and allow us to strengthen our position in the growing Health, Wellness & Beauty segment.  The company also fits with our strategy to seek attractively priced acquisitions that can leverage our existing expertise and infrastructure."

Native Remedies will be managed by Silver Star Brands, which also owns the Miles Kimball®, Walter Drake®, Easy Comforts®, As We Change® and Exposures® brands.  Financial results from the acquisition will be included in Blyth's Catalog & Internet segment for reporting purposes.

About Blyth
Blyth, Inc., headquartered in Greenwich, CT, USA, is a direct to consumer business focused on the direct selling and direct marketing channels.  It designs and markets candles and accessories for the home and also designs and markets health, wellness and beauty products, household convenience items and personalized gifts through the Catalog/Internet channel.  Its products are sold direct to the consumer under the PartyLite® brand and to consumers in the catalog/Internet channel under the Miles Kimball®, Walter Drake®, Easy Comforts®, As We Change® and Exposures® brands.

Blyth, Inc. may be found on the Internet at www.blyth.com.

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements are not assurances of future performance and can be identified by the fact that they do not relate to statements of historical or current facts.  Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events or performance and underlying assumptions.  Forward-looking statements often include words such as "anticipates," "estimates," "expects," "projects," "intends," "plans," "believes," "will" and words of similar substance in connection with discussions of future operating or financial performance. Examples of forward-looking statements in this press release include, among others, our ability to increase our market share within ecommerce and to strengthen our position in the health and wellness segment.

The Company's forward-looking statements are based on management's current beliefs, expectations and assumptions regarding the future of the Company's business, strategies, plans and performance, the economy and other future conditions and future events, circumstances and results.  Because forward-looking statements relate to the future, they are inherently susceptible to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside our control.  Our actual results and financial condition could differ materially from those expressed or implied in our forward-looking statements.  Important factors that could cause our actual results to differ materially from the forward-looking statements include, (1) our ability to improve our financial and operational performance; (2) our ability to respond appropriately to changing consumer preferences and demand for our current and new products or product enhancements; (3) federal, state and foreign regulations applicable to our products (including advertising and labeling); (4) susceptibility to excess and obsolete inventory due to changing consumer preferences; (5) adverse publicity directed at our products or those of similar companies; (6) product liability claims; (7) competition; (8) an economic downturn; (9) our ability to grow our business in existing and new markets; (10) our reliance on third-party manufacturers for the supply of some of our products; (11) disruptions to transportation channels; (12) shortages or increases in the cost of raw materials; (13) our dependence on key employees; (14) our ability to protect our intellectual property; and (15) interruptions in our information-technology systems, as well as other factors described in this press release and in the Company's most recently filed Quarterly Report on Form 10-Q and other filings with the Securities and Exchange Commission.

For the reasons set forth above, investors should not place undue reliance on forward-looking statements.  Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made, even if subsequently made available by us on our website or otherwise.  We do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances or new information that exists after the day on which they are made, except as provided by law.

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SOURCE Blyth, Inc.