8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)    September 26, 2012

BLYTH, INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware (State or Other Jurisdiction of Incorporation) 1-13026 (Commission File Number) 36-2984916 (IRS Employer Identification No.)

One East Weaver Street, Greenwich, Connecticut 06831

(Address of Principal Executive Offices)      (Zip Code)

Registrant’s Telephone Number, including Area Code (203) 661-1926

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 8.01.                      Other Events

On September 26, 2012, we issued the press release attached as Exhibit 99.1 and Robert B. Goergen, our Chairman and Chief Executive Officer, made the remarks attached as Exhibit 99.2 during a conference call.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BLYTH, INC.
Date: September 26, 2012	By: /s/ Michael S. Novins
	Name: Michael S. Novins Title: Vice President & General Counsel

EX-99.1

Exhibit 99.1

Blyth, Inc. Subsidiary, ViSalus, Withdraws Initial Public Offering

GREENWICH, Conn., Sept. 26, 2012 /PRNewswire/ -- ViSalus, a subsidiary of Blyth, Inc. (NYSE:BTH), today withdrew its initial public offering due to uncertain market conditions.  ViSalus has achieved Net Sales growth in excess of 450% in the first half of 2012; however, management believes that current market conditions are not conducive to recognizing this level of achievement.  As such, Blyth management supports fully this decision.

Commenting on the ViSalus decision, Robert B. Goergen, Chairman & CEO of Blyth noted, "we are extremely confident in the long-term growth prospects of ViSalus.  Over the past year, Ryan Blair, ViSalus' CEO, has worked with ViSalus' other Founders to put in place a first class management team and the processes and programs necessary to bring ViSalus to the next level of achievement.  We look forward to working with the ViSalus team to continue to build long-term value for Blyth's shareholders."

Blyth, Inc., headquartered in Greenwich, CT, USA, is a direct to consumer business focused on direct selling and direct marketing channels.  We design and market home fragrance products and decorative accessories, as well as weight management products, nutritional supplements and energy drink mixes.  These products are sold through Direct Selling from the home party plan method and network marketing. The Company also designs and markets household convenience items and personalized gifts through the catalog/internet channel, as well as tabletop lighting and chafing fuel for the foodservice trade.  The Company manufactures most of its candles and chafing fuel and sources nearly all of its other products.  Its products are sold direct to the consumer under the PartyLite®, Two Sisters Gourmet by PartyLite® and ViSalus Sciences® brands, to consumers in the catalog/Internet channel under the As We Change®, Miles Kimball®, Exposures®, Walter Drake® and Easy Comforts®, and to the Foodservice industry under the Sterno®, Ambria® and HandyFuel® brands.  In Europe, Blyth's products are also sold under the PartyLite brand.  

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

CONTACT: Robert H. Barghaus, Chief Financial Officer, +1-203-552-6668 or Jane F. Casey, Vice President, +1-203-552-6619

EX-99.2

Exhibit 99.2

As I’m sure all of you on this call know, this morning we announced that ViSalus, Blyth’s very healthy lifestyle direct selling company, withdrew its initial public offering because current uncertain market conditions for these types of transactions in its market segment was not recognizing the extraordinary growth and potential future growth of the Company.  Blyth management fully supports this decision as the Visalus founders, its senior managers and Blyth management is fully committed to ViSalus’ long term growth.

We want to take the opportunity now to share our perspective and then take your questions.

First and foremost, nothing in Blyth’s or ViSalus’ fundamentals has changed.  Blyth has a strong balance sheet and continues to generate strong cash flow.  ViSalus continues to achieve impressive growth and ViSalus’ founders and management are committed to building equity together with Blyth for the long term.  To repeat, the current IPO marketplace does not appear willing to recognize the strength of this story, however.

For those of you not familiar with ViSalus’ specific achievements, let me remind you that it is a company that is growing every day, with net sales growth in excess of 450% during the first half of 2012 versus the prior year.  It has over 100,000 individual promoters, 15,000 of which traveled to Miami this past July to attend ViSalus’ Vitality Conference.  It currently has over one million customers – hardly a surprise given their on-target strategy of challenging people to live a much-needed healthy lifestyle.  Moreover, they support people so they can be successful in meeting this challenge.  And, ViSalus hasn’t even gone outside the United States and Canada yet.

Finally, let me address Blyth’s liquidity in 2013.  We have a lot of options.  We are exploring each of them thoughtfully.  We are confident we will formulate a strategy to meet these obligations well in advance of when they come due.  At this time, however, we believe it is inappropriate for us to address any of the specific options, but we are fully confident in these options and our ability to fund them.