Tag Archives: MSLO

MSLO Posts First Q2 Profit Since 2008

MSLO

NEW YORK-For the first time in six years, Martha Stewart Living Omnimedia (MSLO) reported net income in a second quarter, posting $1.8 million in the quarter ending on June 30. Dan Dienst, MSLO’s CEO, said the black bottom line owed to the company’s focus on managing expenses “without in any way sacrificing our high-quality contentMore »

J.C. Penney Appeals Decision in Macy’s Suit

JCPenney

NEW YORK-J.C. Penney said it is appealing the New York State Supreme Court’s ruling in favor of Macy’s, in the lawsuit regarding J.C. Penney’s agreement for a Martha Stewart-branded line of home goods with Martha Stewart Living Omnimedia (MSLO). On June 16, State Supreme Court Justice Jeffrey Oing said that agreement “tortiously interfered” with theMore »

MSLO to Hold American Made Program

Martha Stewart American Made

NEW YORK-For the third year, Martha Stewart Living Omnimedia (MSLO) will present the Martha Stewart American Made program this fall. Voting for this year’s American Made Awards competition began yesterday and will culminate in November with the American Made Event, which will include the announcement of the 2014 award winners. The program celebrates small businessesMore »

MSLO Cuts Q1 Loss

MSLO

NEW YORK-Significant reductions in key expense categories helped Martha Stewart Living Omnimedia (MSLO) narrow its first-quarter net loss from $3 million last year to $2.2 million this year. Operating expenses in the quarter, which ended on March 31 were slashed by 11.9 percent. This included a 25.2 percent decrease in production, distribution and editorial expenses;More »

MSLO Q4 Net Balloons; Company Slashes Loss for Fiscal Year

MSLO

NEW YORK-Martha Stewart Living Omnimedia (MSLO) reported a 528.5 percent jump in fourth-quarter net income to $7 million, reducing its net loss for the fiscal year to $1.8 million from $56.1 million in the previous fiscal year. Dan Dienst, MSLO’s CEO, attributed the quarterly bottom-line success to “some aggressive and important steps … to alignMore »

Macy’s, Martha Stewart Settle Legal Dispute

Martha Stewart

NEW YORK-Macy’s Inc. and Martha Stewart Living Omnimedia (MSLO) have reached a settlement of their legal dispute regarding the sale of Martha Stewart-branded home merchandise at J.C. Penney. In brief and almost identically worded statements, the two companies said the terms of the settlement are confidential, will not be disclosed and “are not deemed material”More »

J.C. Penney, MSLO Revise Agreement; Macy’s to Await Court’s Ruling

Martha Stewart

NEW YORK—J.C. Penney and Martha Stewart Living Omnimedia (MSLO) announced that they have cut a new agreement to reduce the number of product categories in J.C. Penney’s MarthaHome collection. Meanwhile, Macy’s said it will wait for rulings on its lawsuits against MSLO and J.C. Penney from New York State Supreme Court Judge Jeffrey Oing. Macy’sMore »

MSLO: J.C. Penney Deal Still On

Martha Stewart

NEW YORK–The agreement between J.C. Penney and Martha Stewart Living Omnimedia (MSLO) remains in effect, according to a statement from MSLO. The statement, as received by HFN, is an apparent contradiction of a report which stated that J.C. Penney’s CEO, Myron Ullman, had decided to end the deal and remove Martha Stewart-branded merchandise from theMore »