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John Cleese played ridiculous authority
figures. Gilliam claims that Cleese is the
funniest of the Pythons in drag, as he
barely needs to be dressed up to look
hilarious, with his square chin and 6'5" (196
cm) frame (see the "Mr. and Mrs. Git"
sketch). Cleese also played intimidating
maniacs, such as an instructor in the "Self
Defence Against Fresh Fruit" sketch. His
character Mr. Praline, the put-upon
consumer, featured in some of the most
popular sketches, most famously in "Dead
Parrot".[citation needed] One star turn that
proved most memorable among Python
fans was "The Ministry of Silly Walks",
where he worked for the eponymous
government department. The sketch
features some rather extravagant physical
comedy from the notoriously tall and
loose-limbed Cleese. Despite its popularity,
particularly among American fans, Cleese
himself particularly disliked the sketch,
feeling that many of the laughs it generated
were cheap and that no balance was
provided by what could have been the true
satirical centrepoint. Another of his
trademarks is his over-the-top delivery of
abuse, particularly his screaming "You
bastard!"
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Cleese often played foreigners with
ridiculous accents, especially Frenchmen,
most of the time with Palin. Sometimes this
extended to the use of actual French or
German (such as "The Funniest Joke in the
World", "Hitler in Minehead", or "La
Marche Futile" at the end of "The Ministry
of Silly Walks"), but still with a very heavy
accent (or impossible to understand, as for
example Hitler's speech).
Initially only hired to be the animator of the
series, Gilliam was not thought of (even by
himself) as an on-screen performer at first,
being American and not very good at the deep
and sometimes exaggerated English accent of
his fellows. The others felt they owed him
something and so he sometimes appeared
before the camera, usually in the parts that no
one else wanted to play, generally because they
required a lot of make-up or involved
uncomfortable costumes.[citation needed] The
most recurrent of these was
The-Knight-Who-Hits-People-With-A-Chicken,
a knight in armor who would walk on-set and
hit another character on the head with a
plucked chicken when they said something
really corny. Some of Gilliam's other on-screen
portrayals included:
A man with a stoat through his head Cardinal Fang in "The
Spanish Inquisition"
A dandy wearing only a mask, bikini underwear and a cape, in
"The Visitors"
A hotel clerk in "The Cycling Tour" episode
A fat young man covered in beans in "Most Awful Family In
Britain"
Despite, or, according to Cleese in the DVD
commentary for Life of Brian, perhaps because
of, an obviously deficient acting ability in
comparison to the others, Gilliam soon became
distinguished as the go-to member for the most
obscenely grotesque characters. This carried
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Monty Python’s Flying Circus (known
during the final series as just Monty
Python) is a British sketch comedy
series commissioned by David
Attenborough,[1] created by the comedy
group Monty Python and broadcast by
the BBC from 1969 to 1974. The shows
were composed of surreality, risqué or
innuendo-laden humour, sight gags and
observational sketches without
punchlines. It also featured animations
by Terry Gilliam, often sequenced or
merged with live action. The first
episode was recorded on 7 September
and broadcast on 5 October 1969 on
BBC One, with 45 episodes airing over
four series from 1969 to 1974, plus two
episodes for German TV.
The name of the highly influential comedy
troupe made up of Graham Chapman,
John Cleese, Terry Gilliam, Eric Idle,
Terry Jones, and Michael Palin was made
up by the group when they were
commissioned to make their BBC comedy
show Monty Python’s Flying Circus.
Numerous non-sequitur names were
considered before that, including “Owl
Stretching Time,” “The Toad Elevating
Moment,” “A Horse, a Spoon, and a
Basin,” and “Bumwacket, Buzzard,
Stubble and Boot.” “Flying Circus” only
stuck because the BBC informed the
group they had printed their programming
schedules with the name already and it
couldn’t be changed. When they wanted a
name to go before that, John Cleese
suggested something slithery like
“Python,” while Eric Idle came up with
the name “Monty” to suggest a sort of
drunken British stereotype.
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Monty Python's Life of Brian, also known as Life of Brian, is
a 1979 British comedy film starring and written by the
comedy group Monty Python (Graham Chapman, John
Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael
Palin), and directed by Jones. It tells the story of Brian
Cohen (played by Chapman), a young Jewish man who is
born on the same day as, and next door to, Jesus Christ and
is subsequently mistaken for the Messiah.
Following the withdrawal of funding by EMI Films, longtime
Monty Python fan and former Beatle George Harrison
arranged financing for Life of Brian through the formation of
his company HandMade Films.
The film contains themes of religious satire that were
controversial at the time of its release, drawing accusations
of blasphemy and protests from some religious groups.
Thirty-nine local authorities in the UK either imposed an
Although all of the Pythons played women,
Terry Jones is renowned by the rest to be
'the best Rat-Bag woman in the business'.
His portrayal of a middle-aged housewife
was louder, shriller, and more dishevelled
than that of any of the other Pythons.
Examples of this are the "Dead Bishop"
sketch, his role as Brian's mother Mandy in
Life of Brian, Mrs. Linda S-C-U-M in "Mr.
Neutron" and the café proprietor in
"Spam". Also recurring was the upper-class
reserved men, in "Nudge, Nudge" and the
"It's A Man's Life" sketch, and incompetent
authority figures (Harry "Snapper" Organs).
He also played the iconic Nude Organist
that introduced all of series three. Generally,
he deferred to the others as a performer,
but proved himself behind the scenes,
where he would eventually end up pulling
most of the strings.
Eric Idle is perhaps best remembered for
his roles as a cheeky, suggestive playboy,
"Nudge Nudge", as a crafty, slick salesman
("Door-to-Door Joke Salesman",
"Encyclopedia Salesman"), and the
merchant who loves to haggle in Monty
Python’s Life of Brian. He is acknowledged
as 'the master of the one-liner' by the other
Pythons.[citation needed] He is also
considered the best singer/songwriter in the
group; for example, he wrote and
performed "Always Look on the Bright Side
of Life" from The Life of Brian. Unlike
Jones, he often played female characters in a
more straightforward way, only altering his
voice slightly, as opposed to the falsetto
shrieking used by the others. Several times,
Idle appeared as upper-class, middle-aged
females, such as Rita Fairbanks
("Reenactment of the Battle Of Pearl
Harbor") and the sexually-repressed
Protestant wife in the "Every Sperm is
Sacred" sketch, The Meaning of Life.
Because he was not from an
already-established writing partnership prior
to Python, Idle wrote his sketches alone.
Cleese had the idea for
the taunting French
soldiers after something
he read in a history
book about medieval
troops whose sole
purpose was to taunt
opposing enemies
before battle. He
combined that with the
Roman practice of
catapulting dead or
rotting animals into
castles to draw enemies
out as well as the
practice of dropping
feces on enemies who
attempted to storm
castles.
Michael Palin was regarded by the other
members of the troupe as the one with the
widest range, equally adept as a straight man
or wildly over the top character. He portrayed
many working-class northerners, often
portrayed in a disgusting light: "The Funniest
Joke in the World" sketch and the "Every
Sperm Is Sacred" segment of Monty Python's
The Meaning of Life). In contrast, Palin also
played weak-willed, put-upon men such as the
husband in the "Marriage Guidance
Counsellor" sketch, or the boring accountant
in the "Vocational Guidance Counsellor"
sketch. He was equally at home as the
indefatigable Cardinal Ximinez of Spain in
"The Spanish Inquisition" sketch. Another
high-energy character that Palin portrays is
the slick TV show host, constantly smacking
his lips together and generally being
over-enthusiastic ("Blackmail" sketch). In one
sketch, he plays the role with an underlying
hint of self-revulsion, where he wipes his oily
palms on his jacket, makes a disgusted face,
then continues. One of his most famous
creations was the shopkeeper who attempts to
sell useless goods by very weak attempts at
being sly and crafty, which are invariably
spotted by the customer (often played by
Cleese), as in the "Dead Parrot" and "Cheese
Shop" sketches. Palin is also well known for
his leading role in the "The Lumberjack
Song".
Palin also often plays heavy-accented
foreigners, mostly French ("La marche futile")
or German ("Hitler in Minehead"), usually
alongside Cleese. In one of the last episodes,
he delivers a full speech, first in English, then
in French, then in heavily accented German.
Of all the Pythons, Palin played the fewest
female roles.[citation needed] Among his
portrayals of women are: Queen Victoria in
"Michael Ellis" episode, Debbie Katzenberg
the American in Monty Python's The
Meaning of Life, or as a rural idiot's wife in
the "Idiot in rural society" sketch.
outright ban, or imposed an X (18 years) certificate,
effectively preventing the film from being shown, as the
distributors said it could not be shown unless it was unedited
and carried the original AA (14) certificate. Some countries,
including Ireland and Norway, banned its showing, with a
few of these bans lasting decades. The filmmakers used
such notoriety to benefit their marketing campaign, with
posters in Sweden reading
"So funny, it was banned in Norway!"
The film was a box-office success, the fourth-highest
grossing film in the United Kingdom in 1979 and highest of
any British film in the United States that year. It has
remained popular, receiving positive reviews. The film
received a 96% "Fresh" rating on Rotten Tomatoes with the
consensus "One of the more cutting-edge films of the 1970s,
this religious farce from the classic comedy troupe is as
96.5 the Buzz presents
poignant as it is funny and satirical", and it was named
"greatest comedy film of all time" by several magazines and
television networks.
“Why are we here?
What’s life all about?
Is God really real?
Or is there some doubt?
Well tonight,
we’re going to sort it all out.
For tonight is the
Meaning of Life?”
Monty Python's The Meaning of Life, also known as The Meaning of Life, is a
1983 British musical sketch comedy film written and performed by the Monty
Python troupe, directed by one of its members, Terry Jones, and was the last
film to feature all six Python members before Graham Chapman's death in
1989. Unlike Holy Grail and Life of Brian, the film's two predecessors, which
each told a single, more-or-less coherent story, The Meaning of Life returns to
the sketch comedy format of the troupe's original television series and their
first film from twelve years earlier, And Now for Something Completely
Different, loosely structured as a series of comic sketches about the various
stages of life.
Graham Chapman often portrayed
straight-faced men, of any age or class,
frequently authority figures such as military
officers, policemen or doctors. His
characters could, at any moment, engage in
"Pythonesque" maniacal behaviour and then
return to their former sobriety. He was also
skilled in abuse, which he brusquely
delivered in such sketches as "The
Argument Clinic" and "Flying Lessons". He
adopted a dignified demeanour as the
leading "straight man" in the Python feature
films Holy Grail (King Arthur) and Life of
Brian (title character Brian).
Monty Python and the Holy Grail is a
In contrast to the group's first film, And
1975 British comedy film written and
Now for Something Completely Different,
performed by the comedy group of
a compilation of sketches from the first
Monty Python (Graham Chapman,
two television series, Holy Grail was
John Cleese, Terry Gilliam, Eric Idle,
composed of new material, and is
Terry Jones, and Michael Palin), and
therefore considered the first "proper" film
directed by Gilliam and Jones. It was
by the group. It generally parodies the
conceived during the hiatus between
legend of King Arthur's quest to find the
the third and fourth series of their
popular BBC television programme
Monty Python's Flying Circus.
The film was a box-office success,
Holy Grail. The film was a success on its
nitial release, and Idle used the film as
the inspiration for the 2005 Tony
Award-winning musical Spamalot.
grossing the highest of any British film
exhibited in the U.S. in 1975. It has
Arvest Bank At the midland
remained popular since then, receiving
critical acclaim. The film received a 97%
"Fresh" rating on Rotten Tomatoes, with
the consensus; "a cult classic as
gut-bustingly hilarious as it is blithely
ridiculous". In the US, the film was
selected as the second best comedy of all
time in the ABC special Best in Film: The
Greatest Movies of Our Time; in the UK,
readers of Total Film magazine ranked the
film the fifth greatest comedy film of all
time, and a similar poll of Channel 4
viewers placed the film sixth (2000).
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This is a bottle mockup
and label flat for two
flavors of tea.
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This is a brand identity
project for a fictional tea
house called Thyme &
Place Tea House.
Winter Mulling Spice 5.00
Cinnamon chips, orange peel, whole clove,
cinnamon granules, apple and cinnamon
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Raspberry Blast Tea 5.00
White Christmas 6.00
Bai Mu Dan white tea, orange peel, almonds, Black tea and raspberry leaves with raspberry
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rose petals, cinnamon chips, apple pieces
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Thai Tea Blend 5.00
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WINE
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Modern Vanilla Bean 5.00
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Huckleberry Tea 5.00
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Apple, caramel & Almond 5.00
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Bai Mu Dan white tea, black currants, and black
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Bai Mu Dan white tea, safflowers, blue mallow
blossoms, marigolds, corn flowers and mango,
passion tropical flavor
Modern Christmas Tea 5.00
Black tea, orange peel, apple pieces,
almond pieces, cinnamon chips, rose petals
with cinnamon, orange spice and orange
flavor
Huckleberry Tea 5.00
Black tea and blackberry leaf with huckleberry
flavor
Organic Peach Tea 5.00
Organic Black tea, Organic marigolds and
peach pieces with Natural peach flavor
Raspberry Blast Tea 5.00
White Christmas 6.00
Bai Mu Dan white tea, orange peel, almonds, Black tea and raspberry leaves with raspberry
flavor
rose petals, cinnamon chips, apple pieces
and cinnamon orange spice holiday flavor
Thai Tea Blend 5.00
Pumpkin N Spice Tea 5.00
Black tea and star anise with vanilla flavor
Black tea, marigolds and pumpkin spice
flavor
WINE TEAS
Country of Origin: India
Winter Mulling Spice 5.00
Cinnamon chips, orange peel, whole clove,
cinnamon granules, apple and cinnamon
flavor
BLACK TEAS
English Breakfast Xtra Fancy 4.00
A blend of Indian, Ceylon and China whole
leaf teas.
Earl Grey Breakfast 4.00
Black tea with some gold tips, bergamot
flavor
Modern Vanilla Bean 5.00
A blend from India, Black tea with vanilla
beans and vanilla creme flavor
Organic Masala Chai 5.00
Organic black tea, ginger, cinnamon, and
green cardamom with cinnamon, ginger,
and vanilla flavor
Modern Chocolate Chai 5.00
Black tea, ginger root, green cardamom,
chocolate chips and chocolate flavor
Modern Coconut Chai 5.00
Black tea, ginger root, cinnamon, shredded
coconut, ginger, coconut and vanilla flavor
Acai Berry Black 5.00
Black tea, blue flower with natural acai berry
flavor
Country of Origin: India
Apple, caramel & Almond 5.00
Black tea, marigold, apple bits, caramel bits
and almond chips with apple caramel and
almond flavors. Country of Origin: India
Organic Apricot Brandy 5.00
Organic black tea and apricot pieces with
apricot brandy flavor
Organic Banana 5.00
Black tea and marigold with banana flavor
Assam Jungle Cabernet 7.00
Assam black tea, licorice root with cinnamon
and cabernet flavoring
CHAMPAGNE TEAS
White Champagne Raspberry 7.00
White tea, safflowers with champagne flavor
and red raspberry flavors
Lavender Flowers
Amazing Lavender 7.00
Lavender Flowers Whole-Super Blue
WHITE TEAS
Modern 79 6.00
Bai Mu Dan white tea, safflowers, blue flowers,
cinnamon chips, raspberry, with cinnamon and
clove flavor. Country of Origin: China
White Chai Chai 6.00
Bai Mu Dan white tea, lemon grass, cardamom,
cinnamon, and fresh ginger flavor. An absolute
delight!
Black Fruits Pai Mu Tan 6.00
Bai Mu Dan white tea, black currants, and black
currant leaves with black currant, huckleberry,
and blackberry flavor
Green Peony White 6.00
Wonderful Green Peony White
Lemon ginger white 6.00
Bai Mu Dan white tea, lemon peels, lemon grass,
lemon myrtle, ginger root with ginger and lemon
flavor
Country of Origin: China
Midnight Blue Bai Mu Dan 6.00
Bai Mu Dan white tea, safflowers, blue mallow
blossoms, marigolds, corn flowers and mango,
passion tropical flavor
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cranberry flavor Country of Origin: China
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Design Like You.
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2014
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Part III
Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities ---------------------------------------------------------------------------------------- 29
Selected Financial Data ------------------------------------------------------------------------------------------------- 32
Management’s Discussion and Analysis of Financial Condition and Results of
Operations ------------------------------------------------------------------------------------------------------------------ 33
Quantitative and Qualitive Disclosures about Market Risk ----------------------------------------------------- 45
Changes in and Disagreements with Accoutants on Accounting and Financial
Disclosure ------------------------------------------------------------------------------------------------------------------- 45
Controls and Procedures ----------------------------------------------------------------------------------------------- 46
Other Information --------------------------------------------------------------------------------------------------------- 46
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Part IV
------------------------------------------------------ 46
Executive Compensation ----------------------------------------------------------------------------------------------- 47
Stockholders Matters ---------------------------------------------------------------------------------------------------- 47
Certain Relationships and Related Transactions, and Director Independence --------------------------- 47
Principal Accoutant Fees and Servies ------------------------------------------------------------------------------- 47
Part V
Exihibits and Financial Statement Schedules --------------------------------------------------------------------- 48
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Ulta Salon, Cosmetics & Fragrance, Inc. Table of Contents
the SEC, nor shall such information be
incorporated by reference into any future
Securities Exchange Act of 1934, each
as amended, except to the extent that we
Purchases of equity securities
purchasers
The following table sets forth
repurchases of our common
stock during the fourth quarter
of 2014:
$700
Market information
Our common stock has traded on the
NASDAQ Global Select Market under the
symbol “ULTA” since
October 25, 2007. Our initial public
offering was priced at $18.00 per share.
The following table sets forth the
high and low sales prices for our common
stock on the NASDAQ Global Select
and 2013:
Fiscal Year 2014
First quarter
Second quarter
Third quarter
High
$ 104.30
97.11
121.56
Low
$83.50
84.79
92.45
136.08
118.66
High
$ 99.66
103.47
Low
$73.96
84.13
Third quarter
128.85
97.24
Fourth quarter
131.50
80.93
Fourth quarter
Fiscal Year 2013
First quarter
Second quarter
$500
$400
$300
$200
$100
$0
Ulta
Holders of the registrant’s
common stock
The last reported sale price of our
common stock on the NASDAQ
Global Select Market on March 26,
2015 was $150.01 per share. As of
March 26, 2015, we had 49 holders
of record of our common stock.
Because many
shares of common stock are held
by brokers and other institutions
on behalf of stockholders, we are
unable to estimate the total number
of stockholders represented by
these record holders.
Dividends
No cash dividends were declared on
our common stock in 2014 or 2013
nor have any decisions been made
to pay a dividend in the foreseeable
future. Our Board of Directors may
determine future dividends after
giving consideration to our levels
NQGS
Period
11-02-14 to 11-29-14
11-30-14 to 12-27-14
12-28-15 to 01-31-15
13 wks ended 01-31-15
Jan - 15
ended January 31, 2015. The graph
assumes an investment of $100 made
at the closing of trading on January 29,
2010, in (i) Ulta’s common stock, (ii) the
stocks comprising the NQGS and (iii)
stocks comprising the RLX. All values
assume reinvestment of the full amount of
all dividends, if any, into additional shares
of the same class of equity securities
at the frequency with which dividends
are paid on such securities during the
$600
Jan - 14
Set forth below is a graph comparing the
cumulative total stockholder return on
Ulta’s common stock with the NASDAQ
Global Select Market Composite Index
(NQGS) and the S&P Retail Index (RLX)
for the period covering January 29, 2010
Jan - 13
Risk Factors ---------------------------------------------------------------------------------------------------------------- 13
Unresolved Staff Comments ------------------------------------------------------------------------------------------- 25
Properties ------------------------------------------------------------------------------------------------------------------- 26
Legal Proceedings -------------------------------------------------------------------------------------------------------- 27
Mine Safety Disclosures ------------------------------------------------------------------------------------------------ 28
The following performance graph and
related information shall not be deemed
Jan - 12
Part II
Investor
Information
Stock performance graph
Jan - 11
Part I
Letter to Shareholder -----------------------------------------------------------------------------------------------------3
Financial Highlights -------------------------------------------------------------------------------------------------------- 4
Business Overview -------------------------------------------------------------------------------------------------------- 5
Guiding Principle ----------------------------------------------------------------------------------------------------------- 5
Guiding Principle cont. ---------------------------------------------------------------------------------------------------- 6
Financial Summary -------------------------------------------------------------------------------------------------------- 6
Invester Information ------------------------------------------------------------------------------------------------------- 7
------------------------------------------------------------------ 8
Jan - 10
This is an annual report
for the company Ulta.
(1) There were 235,223 shares
repurchased as part of our publicly
announced share repurchase
program during
the three months ended January
31, 2015 and there were no shares
transferred from employees in
satisfaction
of minimum statutory tax withholding
obligations upon the vesting of
restricted stock during the period.
(2) On September 11, 2014, we
announced that our Board of
Directors authorized a new share
repurchase
program (the 2014 Share
Repurchase Program) pursuant to
which the Company may repurchase
up to $300
million of the Company’s common
stock. The 2014 Share Repurchase
Program authorization revokes the
previously authorized but unused
amounts of $112.7 million from the
2013 Share Repurchase Program.
Total number
of shares
purchased(2)
70,802
72,161
92,260
235,223
(1)Total
Average numberof (2)Approximate
dollar
price
shares
paid per purchased value of shares
$123.66 70,802 $281,271
127.66 72,161
272,082
130.11 92,260
260076
127.31 235,223
260,076
Investing activities
We have historically used cash primarily for new and remodeled stores,
supply chain investments, short-term investments and investments
in information technology systems. Investment activities for capital
investments in supply chain initiatives, partially offset by the decrease
we opened 100 new stores, remodeled 9 stores and relocated 2 stores,
requirements, current and future
Investments
7
Financial
Highlights
cont.
Dear Stakeholder,
and to communicate with our guests in an interactive, enjoyable way that reinforces the
The ULTA Beauty team
delivered record sales and
earnings in 2014. Since
extremely valuable, spending two to four times as much as single channel
guests. We continue to develop and add new website features and functionality,
marketing programs, product assortment, new brands and omni-channel integration
points. We intend to establish ourselves as a leading online beauty resource by
providing our customers with a rich online experience for information on key trends and
products, editorial content, expanded assortments, best in class features and
functionality and social media content. For example, in 2014 we launched new
technology to enable shoppable videos, live interactive chats with key vendors and
developed a new iOS application to provide a unique guest experience with new
ways for guests to share and engage. Our long-term goal is to grow our e-commerce
business from approximately 5% of sales today to approximately 10% of total sales over
the next several years. We believe our website and retail stores provide our guests with
years ago, we have grown to
become the top national retailer
providing “All Things Beauty,
All in One Place.” Today ULTA
Beauty is recognized for its
commitment to personalized
service, fun and inviting
stores and its industry-leading
ULTAmate Rewards loyalty
program.
needs.
Invest in infrastructure to support our guest experience and growth, and capture scale
anticipate and respond to our guests’ demand across all channels. This includes
optimizing our distribution network, improving inventory turns by moving product faster
and more frequently through all channels and improving inventory visibility, forecast
accuracy, and product life cycle through investments in people, process and technology.
We also plan to invest in guest-facing labor hours, training and tools to deliver a
differentiated and personalized guest experience. We also expect to capture operational
in-store labor and tools. We will also pursue opportunities to optimize our marketing
Our market
We operate within the large and growing U.S.
beauty products and salon services industry.
This market represents approximately $121
billion in retail sales, according to Euromonitor
International and IBIS World Inc. The
approximately $71 billion beauty products
industry includes color cosmetics, haircare,
fragrance, bath and body, skincare, salon styling
tools and other toiletries. Within this market, we
compete across all major categories as well as a
range of price points by offering prestige, mass
and salon products. The approximately
$50 billion salon services industry consists of
hair, skin and nail services.
Competition
Our major competitors for prestige and mass
products include traditional department
stores, specialty stores, drug stores, mass
merchandisers and the online businesses
of national retailers as well as pure-play
e-commerce businesses. Our competitive
advantages are the quality and assortment
of merchandise and services, our value
proposition, the quality of our guests’ shopping
experience and the convenience of our stores
and website as onestop destinations for beauty
products. The market for salon services and
products is highly fragmented. Our competitors
for salon services and products include chain
and independent salons.
2014, representing a 14% increase in
square footage growth compared to
remodeled 9 stores and relocated 2
Hee’s my portfolio, take
a look around.
This is an annual report
for the company Ulta.
new store program was comprised of
approximately 70% new stores opened in
existing shopping centers and
2014, approximately one third of new
stores were in new markets and two
centers. Our typical store is approximately
10,000 square feet, including approximately 950
square feet dedicated to our full-service
salon. We opened 100 (99 net of closings)
investment required to open a new Ulta store
is approximately $1.1 million, which includes
capital investments, net of landlord contributions,
pre-opening expenses and initial inventory, net
of payables. Our net investment required to
open new stores and the net sales generated by
new stores may vary depending on a number of
factors, including geographic location.
As of January 31, 2015, we operated 774 stores
in 47 states.
2010
346
47
(4)
Total stores beginning of period
Stores opened
Stores closed
Total stores end of period
Stores remodeled
Total square footage
Average square footage per store
Fiscal Year
2012
449
102
(1)
2011
389
61
(1)
2013
550
127
(2)
2014
675
100
(1)
389
449
550
675
774
13
17
21
7
9
4,094,808 4,747,1485,847,3937,158,286 8,182,404
10,526
10,573 10,632
10,605
10,572
STORE COUNT
300.0
900
700
$202.8
2,500.0
774
800
$257.1
250.0
200.0
675
600
550
$172.5
500
1,500.0
300
$71.0
200
50.0
500.0
100
$
$
2010
2011
2012
2013
0
2014
Income Statement:
Net Sales(2)
Cost of sales
January 31, 2015 Feburary 1, 2014
$ 3,241,369
$ 2,670,573
2,104,582
1,729,325
1,136,787
941,248
Selling, general and administrative expenses 712,006
596,390
Pre-opening expenses
14,366
17,270
Operating income
410,415
327,588
Interest (income) expense, net
(894)
(118)
Income before income taxes
411,309
327,706
Income tax expense
154,174
124,857
Net income per common share:
Basic
$
4.00
Diluted
$
3.98
Weighted average common shares oustanding
Basic
64,335
Diluted
64.651
Dividends declared per common share $
Other Operating Data:
Comparable sales increase(3)
Retail and salon compable sales
8.1%
E-commerce comparable sales
56.4%
Total comparable sales increase
9.9%
Number of stores end of year
774
Net Sales per average total of square foot(4)$
421
Capital expenditures
249,067
$
2010
5-year CAGR - 46%*
5-year CAGR - 22%*
Balance Sheet Data:
Cash and cash equivalents
Short-term investments
Working capital
Property and equipment, net
Total assets
Total stockholders’ equity
449
389
400
$120.3
100.0
1,000.0
389,149
150, 209
900,761
717,159
1.983,170
1,247,509
2011
Janurary 28, 2012 January 29, 2011
$ 1,776,151
$ 1,454,838
1,159,311
970,753
616,840
484,085
410,658
358,106
9,987
7,095
195,608
118,129
587
755
195,608
118,129
75,344
47,099
3.17
3.15
$
$
2.73
2.68
$
$
1.96
1.90
$
$
$
63,992
64,396
-
$
63,250
63,334
1.00
$
61,259
61,288
-
$
$
$
419,476
735,886
595,736
1,602,727
1,003,094
2013
Febuary 2, 2013
$ 2,220,256
1,436,582
783,674
488,880
14,816
279,978
185
279,793
107,549
$
$
6.1%
76.6%
7.9%
675
407
226,024
2012
$
$
8.8%
30.7%
9.3%
550
418
188,578
320,475
568,257
483,059
1,275,249
786,942
$
$
10.9%
37.8%
11.5%
449
402
128,636
253,738
415,377
376,95
957,217
584,704
1.20
1.16
58,959
$
$
-
11.0%
76.8%
11.9%
389
382
97,115
111,185
241,032
326,099
730,488
402,533
sales unless the store was closed for a portion of the current or comparable prior year.
(4) Net sales per average total square foot was calculated by dividing net sales for the year by the average square footage for those stores open during each year.
4
Financial Highlights
2014
5-year CAGR - 17%*
respectively.
majikfaery@sbcglobal.net
2014 Financial Performance
Highlights
Net sales increased 21.4% to
$3.2 billion. This growth was
driven by 14% square footage
growth and a 9.9% increase
in comparable sales. ULTA
Beauty continues to gain
market share across all major
categories, with prestige and
mass cosmetics delivering the
strongest results. Operating
progress on the six strategic
imperatives:
operating margin increased
40 basis points to 12.7% of
net sales. Earnings per share
increased 26.3% to $3.98 per
diluted share.
increased our brand awareness
ULTA Beauty’s Strategic
Imperatives
During 2014, we set out
to refresh our long-range
strategic plan. We formed a
fact-based, guest-centric and
total enterprise view of the
guest experience we want to
deliver in the future, in order
to drive growth and long-term
shareholder value in the years
ahead.
Our approach
ULTA Beauty’s path from
the perspectives of brand
positioning, guest experience,
product and services portfolio,
and store and e-commerce
expansion plans. We also
projected the IT and supply
chain requirements to achieve
our strategy, then established
deliver sustainable growth and
attractive shareholder returns.
The primary outcome of
this work was to identify
six strategic imperatives,
which provide the foundation
of our continued success.
Acquire new guests and
deepen loyalty with existing
guests
During 2014, we sharpened
thebrand positioning of ULTA
Beauty and communicated
it broadly through radio
advertising, public relations
and other marketing tactics.
we can reach the millions of
beauty enthusiasts who have
yet to discover us. Our loyalty
program and growing Customer
Relationship Management
(CRM) capabilities continue
to be highly effective tools
to increase loyalty and grow
our share of wallet with our
members. Our ULTAmate
Rewards program has grown
to reach 15 million active
members, and represents
more than 80% of our net
sales. Having all our guests
on a single platform for
almost all of 2014 delivered
strong member retention,
higher purchase frequency,
and increases in spend per
transaction.
Differentiate by delivering a
distinctive and personalized
guest experience across all
channels
We aspire to deliver a guest
experience in-store and
on-line that is personal,
informative, and fun. In 2014,
we invested in labor and
technology to enable a more
informative experience, and
targeted our communications
and promotions to be more
personalized and relevant
through our CRM platform.
We invested in technology to
make our store associates
more effective, and began to
roll out a task management
solution and an inventory
management application.
These tools are designed
to optimize productivity and
store associates, which will
allow them to spend more time
assisting our guests. We are
leveraging in-store technology
to support a more personalized
guest experience with our
clienteling application pilot.
We are also implementing the
“test and learn” initiative to
enhance the guest experience,
adding additional labor hours to
create more guest-facing time
in a select group of stores.
Offer relevant, innovative,
and often exclusive products
that excite our guests
During 2014, our
merchandising team continued
to curate an assortment that
is compelling for our guests.
Having added more than 100
brands in the past several
years, ULTA Beauty continues
to partner with key current and
prospective vendors to bring
new and exclusive products
to delight our guests. Sales
growth was particularly strong
in prestige cosmetics,
led by IT Cosmetics, the
expansion of Urban Decay, and
successful launches from Bare
Minerals, as well as continued
success with our prestige
boutiques featuring Clinique,
Deliver exceptional services
in three core areas: hair, skin
health, and brows
ULTA Beauty, our services
business focuses on the key
pillars of hair, skin health and
brows. In 2014, the salon
business grew 20.4% and
comparable sales increased
9.5%. Fewer than 7% of
our active loyalty members
are salon customers today,
providing us with a great
opportunity to introduce salon
services to many more of
our customers through our
CRM capabilities. During the
year, we were able to acquire
thousands of new salon
customers through targeted
offers.
Grow stores and e-commerce
to reach and serve more
guests
Square footage expansion
continues to be a major source
of ULTA Beauty’s growth. We
opened 99 net new stores
in 2014, increasing square
footage by 14%. We ended
the year with 774 stores in 47
states, progressing toward our
goal of more than 1,200 stores
in the U.S.
Sincerely,
Mary M. Dillon
Mary Dillon
While exclusive products
are a small part of the
assortment at 2% of sales,
we experienced rapid growth
in 2014 driven by the stellar
launch
of IT Brushes for ULTA. We are
Beauty’s private label business,
through improved formulations,
packaging and an expanded
assortment.
Letter to Shareholders
NET SALES (IN MILLIONS)
NET SALES (IN MILLIONS)
3,500.0
3,000.0
2,000.0
Illustrator,
Photoshop
Our stores are predominantly located in
in maintaining strong top and
bottom line growth.
We established our vision
for the future: to be the most
loved beauty destination of our
guests and the most admired
retailer by our ULTA Beauty
associates, communities,
partners, and investors. The
results we expect to achieve as
we execute our plan will place
our company in the top tier of
high performing retailers.
Guiding Principles Cont. & Financial Summary
6
Financial
Highlights
Stores
These areas of focus and
Business
Overview
Guiding
Principles
Ulta Beauty (or Ulta, we,
the Company) is the largest
beauty retailer that provides
one-stop shopping for prestige,
mass and salon products and
salon services in the United
States. We focus on providing
affordable indulgence to
our guests by combining
unmatched product breadth,
value and convenience with
the distinctive environment
and experience of a specialty
retailer. Key aspects of our
business include:
Our competitive strengths
We believe the following
competitive strengths
differentiate us and are
critical to our success:
One-Stop Shopping. Our
guests can satisfy all of their
beauty needs at Ulta. We offer
a unique combination of more
than 20,000 prestige and mass
beauty products organized
by category in a bright,
open-store environment. The
beauty products are arranged
in self-service displays and
full-service boutiques in a way
that encourages our guests
to enjoy discovering new
products and services. We
believe we offer the widest
selection of categories across
prestige and mass cosmetics,
fragrance, haircare, skincare,
bath and body products and
salon styling tools. We also
offer a full-service salon and a
wide range of salon haircare
products in all of our stores.
Our Value Proposition. We
believe our focus on delivering
a compelling value proposition
to our guests across all
of our product categories
drives customer loyalty.
We offer a comprehensive
customer loyalty program,
ULTAmate Rewards and
targeted promotions through
our Customer Relationship
Management platform (CRM).
We also offer frequent
Differentiated
merchandising strategy
with broad appeal.
We believe our broad
selection of merchandise
across categories, price
points and brands offers a
unique shopping experience
for our guests. While the
products we sell can be
found in department stores,
specialty stores, salons,
drug stores and mass
merchandisers, we offer all
of these products in one
retail format so that our
they need in one shopping
trip. We offer more than
500 brands, such as Bare
Minerals and Urban Decay
prestige cosmetics, NYX
and Maybelline mass
cosmetics, Coty and Estée
Lauder fragrances, Redken
and Matrix haircare, as
well as Dermalogica and
Philosophy skincare and
Clarisonic and CHI personal
care appliances. We also
offer private
label Ulta products in
key categories such as
cosmetics, skincare and
bath. Because we offer a
broad array of
products in prestige, mass
and salon, we appeal to a
wide range of customers
including women of all
ages, demographics and
lifestyles.
3
Our unique guest
experience.
We combine unmatched
product breadth, value and
convenience with the
distinctive environment and
experience of a specialty
retailer. Our well-trained,
non-commissioned beauty
advisors provide unbiased
and customized advice
tailored to our guests’
needs. Our customer
service strategy, convenient
locations and attractive
store design combine to
create a unique shopping
experience.
Ulta and strengthen our
authority in the beauty
category. In addition, we
plan to grow
and further leverage
our loyalty program and
CRM platform. We have
Six strategic imperatives
2014, we completed the
conversion of all of our
loyalty customers to
ULTAmate Rewards. The
customer data captured
by our loyalty program,
together with our CRM
platform, also enables
customer segmentation
and one-on-one marketing
communications tailored to
our guests’ unique beauty
needs. We believe our
loyalty program, combined
with our growing CRM
capabilities, provide a
We are committed to the
following six strategic
imperatives to drive
sustainable long-term
growth:
Acquire new guests and
deepen loyalty with existing
guests. We believe there is
an opportunity to use
consumer insights and
effective marketing tactics
to acquire new guests
and increase our “share of
wallet” of existing guests.
We have sharpened our
brand positioning, and plan
to increase awareness
of the Ulta brand by
communicating our brand
differentiation through
broad scale advertising.
We continue to leverage
our direct mail advertising,
catalogs and newspaper
inserts to communicate with
our guests. We also plan
to deploy other marketing
tactics, such as digital,
in-store events and public
relations to drive brand
engagement, deepen the
consumer connection to
Business Overview & Guiding Principles
million active Ulta members
enrolled in our ULTAmate
Rewards loyalty program.
Loyalty member
transactions represent
more than 80% of our
annual total net sales,
and the transaction data
demonstrates that loyalty
members shop with higher
frequency and spend more
per visit as compared to
opportunity for Ulta.
Differentiate by
delivering a distinctive
and personalized guest
experience across all
channels.
The Ulta guest experience
today is differentiated
by our broad array of
categories, brands and
price points, high quality
services and friendly and
helpful associates. Our
opportunity is to sharpen
that experience, by
making it more relevant,
5
Hee’s my portfolio, take
a look around.
This is a poster for a
contest held by the Jazz
Museum in Kansas City.
The background
is the Savoy in
Harlem, New York.
Illustrator,
Photoshop
majikfaery@sbcglobal.net
Monty Python’s Flying Circus (known
during the final series as just Monty
Python) is a British sketch comedy
series commissioned by David
Attenborough,[1] created by the comedy
group Monty Python and broadcast by
the BBC from 1969 to 1974. The shows
were composed of surreality, risqué or
innuendo-laden humour, sight gags and
observational sketches without
punchlines. It also featured animations
by Terry Gilliam, often sequenced or
merged with live action. The first
episode was recorded on 7 September
and broadcast on 5 October 1969 on
BBC One, with 45 episodes airing over
four series from 1969 to 1974, plus two
episodes for German TV.
The name of the highly influential comedy
troupe made up of Graham Chapman,
John Cleese, Terry Gilliam, Eric Idle,
Terry Jones, and Michael Palin was made
up by the group when they were
commissioned to make their BBC comedy
show Monty Python’s Flying Circus.
John Cleese played ridiculous authority
figures. Gilliam claims that Cleese is the
funniest of the Pythons in drag, as he
barely needs to be dressed up to look
hilarious, with his square chin and 6'5" (196
cm) frame (see the "Mr. and Mrs. Git"
sketch). Cleese also played intimidating
maniacs, such as an instructor in the "Self
Defence Against Fresh Fruit" sketch. His
character Mr. Praline, the put-upon
consumer, featured in some of the most
popular sketches, most famously in "Dead
Parrot".[citation needed] One star turn that
proved most memorable among Python
fans was "The Ministry of Silly Walks",
where he worked for the eponymous
government department. The sketch
features some rather extravagant physical
comedy from the notoriously tall and
loose-limbed Cleese. Despite its popularity,
particularly among American fans, Cleese
himself particularly disliked the sketch,
feeling that many of the laughs it generated
were cheap and that no balance was
provided by what could have been the true
satirical centrepoint. Another of his
trademarks is his over-the-top delivery of
abuse, particularly his screaming "You
bastard!"
Cleese often played foreigners with
ridiculous accents, especially Frenchmen,
most of the time with Palin. Sometimes this
extended to the use of actual French or
German (such as "The Funniest Joke in the
World", "Hitler in Minehead", or "La
Marche Futile" at the end of "The Ministry
of Silly Walks"), but still with a very heavy
accent (or impossible to understand, as for
example Hitler's speech).
Initially only hired to be the animator of the
series, Gilliam was not thought of (even by
himself) as an on-screen performer at first,
being American and not very good at the deep
and sometimes exaggerated English accent of
his fellows. The others felt they owed him
something and so he sometimes appeared
before the camera, usually in the parts that no
one else wanted to play, generally because they
required a lot of make-up or involved
uncomfortable costumes.[citation needed] The
most recurrent of these was
The-Knight-Who-Hits-People-With-A-Chicken,
a knight in armor who would walk on-set and
hit another character on the head with a
plucked chicken when they said something
really corny. Some of Gilliam's other on-screen
portrayals included:
A man with a stoat through his head Cardinal Fang in "The
Spanish Inquisition"
A dandy wearing only a mask, bikini underwear and a cape, in
"The Visitors"
A hotel clerk in "The Cycling Tour" episode
A fat young man covered in beans in "Most Awful Family In
Britain"
Despite, or, according to Cleese in the DVD
commentary for Life of Brian, perhaps because
of, an obviously deficient acting ability in
comparison to the others, Gilliam soon became
distinguished as the go-to member for the most
obscenely grotesque characters. This carried
Numerous non-sequitur names were
considered before that, including “Owl
Stretching Time,” “The Toad Elevating
Moment,” “A Horse, a Spoon, and a
Basin,” and “Bumwacket, Buzzard,
Stubble and Boot.” “Flying Circus” only
stuck because the BBC informed the
group they had printed their programming
schedules with the name already and it
couldn’t be changed. When they wanted a
name to go before that, John Cleese
suggested something slithery like
“Python,” while Eric Idle came up with
the name “Monty” to suggest a sort of
drunken British stereotype.
Monty Python's Life of Brian, also known as Life of Brian, is
a 1979 British comedy film starring and written by the
Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael
Palin), and directed by Jones. It tells the story of Brian
Cohen (played by Chapman), a young Jewish man who is
born on the same day as, and next door to, Jesus Christ and
is subsequently mistaken for the Messiah.
Following the withdrawal of funding by EMI Films, longtime
Monty Python fan and former Beatle George Harrison
arranged financing for Life of Brian through the formation of
his company HandMade Films.
The film contains themes of religious satire that were
controversial at the time of its release, drawing accusations
of blasphemy and protests from some religious groups.
Thirty-nine local authorities in the UK either imposed an
Hee’s my portfolio, take
a look around.
This is an infograph
for Monty Python
about their series, The
Flying Circus, and their
three movies, Holy
Grail, Life of Brian,
and Meaning of Life.
Illustrator
majikfaery@sbcglobal.net
Although all of the Pythons played women,
Terry Jones is renowned by the rest to be
'the best Rat-Bag woman in the business'.
His portrayal of a middle-aged housewife
was louder, shriller, and more dishevelled
than that of any of the other Pythons.
Examples of this are the "Dead Bishop"
sketch, his role as Brian's mother Mandy in
Life of Brian, Mrs. Linda S-C-U-M in "Mr.
Neutron" and the café proprietor in
"Spam". Also recurring was the upper-class
reserved men, in "Nudge, Nudge" and the
"It's Aridiculous
Man's Life" authority
sketch, and incompetent
John Cleese played
(Harry "Snapper"
figures. Gilliamauthority
claims figures
that Cleese
is the Organs).
He
also played
iconic
funniest of thethat
Pythons
in the
drag,
as Nude
he Organist
introduced all of series three. Generally,
barely needs tohebedeferred
dressed
upothers
to look
to the
as a performer,
hilarious, with his
squarehimself
chin and
6'5"
but proved
behind
the (196
scenes,
he would
end up pulling
cm) frame (seewhere
the "Mr.
andeventually
Mrs. Git"
the strings.
sketch). Cleesemost
alsoofplayed
intimidating
maniacs, such as an instructor in the "Self
Defence Against Fresh Fruit" sketch. His
character Mr. Praline, the put-upon
consumer, featured in some of the most
popular sketches, most famously in "Dead
Parrot".[citation needed] One star turn that
proved most memorable among Python
fans was "The Ministry of Silly Walks",
Ericfor
Idlethe
is perhaps
best remembered for
where he worked
eponymous
his roles as a The
cheeky,
suggestive playboy,
government department.
sketch
"Nudge Nudge", as a crafty, slick salesman
features some rather
extravagant
physical
("Door-to-Door
Joke Salesman",
comedy from the
notoriously
tall andand the
"Encyclopedia
Salesman"),
merchant
who loves
haggle in Monty
loose-limbed Cleese.
Despite
itstopopularity,
Python’s
Life of Brian.
is acknowledged
particularly among
American
fans,HeCleese
as 'the disliked
master of the
the one-liner'
himself particularly
sketch, by the other
Pythons.[citation needed] He is also
feeling that many
of thethe
laughs
it generated in the
considered
best singer/songwriter
were cheap andgroup;
that no
balancehewas
for example,
wrote and
performed
Lookthe
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provided by what
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have been
true
of Life" Another
from The Life
of Brian. Unlike
satirical centrepoint.
of his
Jones,
he often played
female characters
in a
trademarks is his
over-the-top
delivery
of
more straightforward way, only altering his
abuse, particularly
screaming
"You
voicehis
slightly,
as opposed
to the falsetto
bastard!"
shrieking used by the others. Several times,
Idle appeared as upper-class, middle-aged
females,
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Fairbanks
Cleese often played
foreigners
("Reenactment
the Battle Of Pearl
ridiculous accents,
especiallyof Frenchmen,
Harbor") and the sexually-repressed
most of the time
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this is
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wife inSometimes
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extended to theSacred"
use ofsketch,
actual
TheFrench
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of Life.
German (such as "The Funniest Joke in the
Because
he
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from
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writingMinistry
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Marche Futile" already-established
at the end of "The
Python, Idle wrote his sketches alone.
of Silly Walks"),to but
still with a very heavy
accent (or impossible to understand, as for
example Hitler's speech).
Cleese had the idea for
the taunting French
soldiers after something
he read in a history
book about medieval
troops whose sole
purpose was to taunt
opposing enemies
before battle. He
combined that with the
practice of
Although all of Roman
the Pythons
played women,
catapulting dead or
Terry Jones is renowned
byinto
the rest to be
rotting animals
'the best Rat-Bag
woman
the business'.
castles
to drawin
enemies
well as the
His portrayal ofouta asmiddle-aged
housewife
practice
of dropping
was louder, shriller,
and
more dishevelled
on enemies who
than that of anyfeces
of
the
other
Pythons.
attempted to storm
Examples of this
are the "Dead Bishop"
castles.
sketch, his role as Brian's mother Mandy in
Life of Brian, Mrs. Linda S-C-U-M in "Mr.
Neutron" and the café proprietor in
"Spam". Also recurring was the upper-class
reserved men, in "Nudge, Nudge" and the
"It's A Man's Life" sketch, and incompetent
authority figures (Harry "Snapper" Organs).
He also played the iconic Nude Organist
that introduced all of series three. Generally,
he deferred to the others as a performer,
but proved himself behind the scenes,
where he would eventually end up pulling
most of the strings.
Michael Palin was regarded by the other
members of the troupe as the one with the
widest range, equally adept as a straight man
or wildly over the top character. He portrayed
many working-class northerners, often
portrayed in a disgusting light: "The Funniest
Joke in the World" sketch and the "Every
Sperm Is Sacred" segment of Monty Python's
The Meaning of Life). In contrast, Palin also
played weak-willed, put-upon men such as the
husband in the "Marriage Guidance
Counsellor" sketch, or the boring accountant
in the "Vocational Guidance Counsellor"
sketch. He was equally at home as the
indefatigable Cardinal Ximinez of Spain in
"The Spanish Inquisition" sketch. Another
high-energy character that Palin portrays is
the slick TV show host, constantly smacking
his lipsonly
together
andto
generally
Initially
hired
be thebeing
animator of the
over-enthusiastic ("Blackmail" sketch). In one
series,
Gilliam
notwith
thought
of (even by
sketch,
he playswas
the role
an underlying
himself)
an on-screen
hint of as
self-revulsion,
whereperformer
he wipes his at
oilyfirst,
palms
on his jacket,
disgusted
face,
being
American
andmakes
not avery
good
at the deep
continues. One
of his mostEnglish
famous accent of
andthen
sometimes
exaggerated
was
theothers
shopkeeper
who
attempts
his creations
fellows.
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felt
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owed to
him
sell useless goods by very weak attempts at
something
andcrafty,
so he
sometimes
appeared
being sly and
which
are invariably
before
thebycamera,
usually
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that no
spotted
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else wanted
play,
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as in the to
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Parrot"
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Shop" sketches.
is also well
for
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make-up
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uncomfortable
costumes.[citation
Song".
most recurrent of these was
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a knight
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who would
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on-set and
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mostly French
("La marche
Germancharacter
("Hitler in Minehead"),
usually
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on the head
with a
alongside
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plucked
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he delivers a full speech, first in English, then
really
corny.then
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other on-screen
in French,
in heavily
accented German.
portrayals included:
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female
needed]
Among
his Fang in "The
A man
withroles.[citation
a stoat through
his head
Cardinal
portrayals
of women are: Queen Victoria in
Spanish
Inquisition"
"Michael Ellis" episode, Debbie Katzenberg
A dandy wearing only a mask, bikini underwear and a cape, in
the American in Monty Python's The
"TheMeaning
Visitors"
of Life, or as a rural idiot's wife in
A hotel
clerk inin"The
episode
the "Idiot
rural Cycling
society"Tour"
sketch.
A fat young man covered in beans in "Most Awful Family In
Britain"
Despite, or, according to Cleese in the DVD
commentary for Life of Brian, perhaps because
of, an obviously deficient acting ability in
comparison to the others, Gilliam soon became
distinguished as the go-to member for the most
Graham Chapman
often
portrayed This carried
obscenely
grotesque
characters.
straight-faced men, of any age or class,
frequently authority figures such as military
officers, policemen or doctors. His
characters could, at any moment, engage in
"Pythonesque" maniacal behaviour and then
return to their former sobriety. He was also
skilled in abuse, which he brusquely
delivered in such sketches as "The
Argument Clinic" and "Flying Lessons". He
adopted a dignified demeanour as the
leading "straight man" in the Python feature
films Holy
Arthur)by
andthe
Lifeother
of
Michael
PalinGrail
was(King
regarded
Brian (title character Brian).
members of the troupe as the one with the
widest range, equally adept as a straight man
or wildly over the top character. He portrayed
many working-class northerners, often
portrayed in a disgusting light: "The Funniest
Joke in the World" sketch and the "Every
Sperm Is Sacred" segment of Monty Python's
The Meaning of Life). In contrast, Palin also
played weak-willed, put-upon men such as the
husband in the "Marriage Guidance
Counsellor" sketch, or the boring accountant
in the "Vocational Guidance Counsellor"
sketch. He was equally at home as the
indefatigable Cardinal Ximinez of Spain in
"The Spanish Inquisition" sketch. Another
high-energy character that Palin portrays is
the slick TV show host, constantly smacking
his lips together and generally being
over-enthusiastic ("Blackmail" sketch). In one
sketch, he plays the role with an underlying
hint of self-revulsion, where he wipes his oily
palms on his jacket, makes a disgusted face,
then continues. One of his most famous
creations was the shopkeeper who attempts to
sell useless goods by very weak attempts at
being sly and crafty, which are invariably
spotted by the customer (often played by
Cleese), as in the "Dead Parrot" and "Cheese
Shop" sketches. Palin is also well known for
his leading role in the "The Lumberjack
Song".
outright ban, or imposed an X (18 years) certificate,
name ofthe
thefilm
highly
influential
comedyas theMonty Python’s Flying Circus (known
effectively The
preventing
from
being shown,
during the final series as just Monty
Python) is a British sketch comedy
upnot
of be
Graham
Chapman,
distributorstroupe
said itmade
could
shown
unless it was unedited
Gilliam,
Eric Idle,
and carriedJohn
the Cleese,
originalTerry
AA (14)
certificate.
Some countries,
commissioned by David
Terry Jones,
and Michael
Palinits
wasshowing,
made withseries
including Ireland
and Norway,
banned
a
Attenborough,[1] created by the comedy
few of these
upbans
by thelasting
group decades.
when they The
werefilmmakers used
group Monty Python and broadcast by
such notoriety
to benefit to
their
marketing
campaign,
commissioned
make
their BBC
comedy with
the BBC from 1969 to 1974. The shows
were composed of surreality, risqué or
"So funny, it was banned in Norway!"
innuendo-laden humour, sight gags and
Numerous non-sequitur names were
observational sketches without
considered before that, including “Owl
The film was a box-office success, the fourth-highest
punchlines. It also featured animations
Stretching Time,” “The Toad Elevating
grossing film in the United Kingdom in 1979 and highest of
by Terry Gilliam, often sequenced or
Moment,”
“A
Horse,
a
Spoon,
and
a
any British film in the United States that year. It has
merged with live action. The first
Basin,” and
“Bumwacket,
Buzzard,
remained popular,
receiving
positive
reviews. The film
episode was recorded on 7 September
and Boot.”
“Flying
Circus”
only
received a Stubble
96% "Fresh"
rating
on Rotten
Tomatoes
with the
and broadcast on 5 October 1969 on
the BBC
informed the
consensusstuck
"Onebecause
of the more
cutting-edge
films of the 1970s,
BBC One, with 45 episodes airing over
group
they
hadthe
printed
their
programming
this religious
farce
from
classic
comedy
troupe is as
four series from 1969 to 1974, plus two
poignant as
it
is
funny
and
satirical",
and
it
was
named
schedules with the name already and it
episodes
for German TV.
"greatest comedy
of all time"
by they
several
magazines
and
couldn’t film
be changed.
When
wanted
a
posters in Sweden
reading
show Monty
Python’s Flying Circus.
John Cleese played ridiculous authority
figures. Gilliam claims that Cleese is the
funniest of the Pythons in drag, as he
barely needs to be dressed up to look
hilarious, with his square chin and 6'5" (196
cm) frame (see the "Mr. and Mrs. Git"
sketch). Cleese also played intimidating
maniacs, such as an instructor in the "Self
Defence Against Fresh Fruit" sketch. His
character Mr. Praline, the put-upon
consumer, featured in some of the most
popular sketches, most famously in "Dead
Parrot".[citation needed] One star turn that
proved most memorable among Python
fans was "The Ministry of Silly Walks",
where he worked for the eponymous
government department. The sketch
features some rather extravagant physical
comedy from the notoriously tall and
loose-limbed Cleese. Despite its popularity,
particularly among American fans, Cleese
himself particularly disliked the sketch,
feeling that many of the laughs it generated
were cheap and that no balance was
provided by what could have been the true
satirical centrepoint. Another of his
trademarks is his over-the-top delivery of
abuse, particularly his screaming "You
bastard!"
Cleese often played foreigners with
ridiculous accents, especially Frenchmen,
most of the time with Palin. Sometimes this
extended to the use of actual French or
German (such as "The Funniest Joke in the
World", "Hitler in Minehead", or "La
Marche Futile" at the end of "The Ministry
of Silly Walks"), but still with a very heavy
accent (or impossible to understand, as for
example Hitler's speech).
Monty Python's The Meaning of Life, also known as The Meaning of Life, is a
1983 British musical sketch comedy film written and performed by the Monty
Python troupe, directed by one of its members, Terry Jones, and was the last
film to feature all six Python members before Graham Chapman's death in
1989. Unlike Holy Grail and Life of Brian, the film's two predecessors, which
each told a single, more-or-less coherent story, The Meaning of Life returns to
Monty Python's Life of Brian, also known as Life of Brian, is
Although all of the Pythons played women,
Terry Jones is renowned by the rest to be
'the best Rat-Bag woman in the business'.
His portrayal of a middle-aged housewife
was louder, shriller, and more dishevelled
than that of any of the other Pythons.
Examples of this are the "Dead Bishop"
sketch, his role as Brian's mother Mandy in
Life of Brian, Mrs. Linda S-C-U-M in "Mr.
Neutron" and the café proprietor in
"Spam". Also recurring was the upper-class
reserved men, in "Nudge, Nudge" and the
"It's A Man's Life" sketch, and incompetent
authority figures (Harry "Snapper" Organs).
He also played the iconic Nude Organist
that introduced all of series three. Generally,
he deferred to the others as a performer,
but proved himself behind the scenes,
where he would eventually end up pulling
most of the strings.
the sketch comedy format of the troupe's original television series and their
a 1979 British comedy film starring and written by the
first film from twelve years earlier, And Now for Something Completely
comedy
group
Monty
Python
(Graham
Chapman, John
Different, loosely
structured
as a series
of comic
sketches about
the various
Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael
stages of life.
Palin), and directed by Jones. It tells the story of Brian
Cohen (played by Chapman), a young Jewish man who is
born on the same day as, and next door to, Jesus Christ and
is subsequently mistaken for the Messiah.
Following the withdrawal of funding by EMI Films, longtime
Monty Python fan and former Beatle George Harrison
Monty Python and the Holy Grail is a
In contrast to the group's first film, And
1975 British comedy film written and
Now for Something Completely Different,
arranged financing for Life of Brian through the formation of
his company HandMade Films.
performed by the comedy group of
a compilation of sketches from the first
The
filmChapman,
contains themes
ofseries,
religious
that were
Monty Python
(Graham
two television
Holy Grailsatire
was
John Cleese,controversial
Terry Gilliam, Eric Idle,
composed
of new
and isdrawing accusations
at the
time of
its material,
release,
Terry Jones,of
andblasphemy
Michael Palin), and
considered
first "proper"
film
and therefore
protests
fromthe
some
religious
groups.
directed by Gilliam and Jones. It was
by the group. It generally parodies the
Thirty-nine local authorities in the UK either imposed an
conceived during the hiatus between
legend of King Arthur's quest to find the
outright ban, or imposed an X (18 years) certificate,
the third and fourth series of their
Holy Grail. The film was a success on its
preventing
the film
from
shown, as the
popular BBCeffectively
television programme
nitial release,
and Idle
usedbeing
the film as
Monty Python's
Flying Circus. said it the
inspiration
theshown
2005 Tony unless it was unedited
distributors
could
notfor
be
Award-winning
musical
Spamalot.
and carried the original
AA (14)
certificate.
Some countries,
The film was a box-office success,
Ireland
grossing the including
highest of any British
film and Norway, banned its showing, with a
exhibited in the
U.S.of
in these
1975. It has
few
bans lasting decades. The filmmakers used
remained popular
since
then, receiving
such
notoriety
to benefit their marketing campaign, with
critical acclaim. The film received a 97%
posters in Sweden reading
"Fresh" rating on Rotten Tomatoes, with
the consensus; "a cult classic as
"So funny, it was banned in Norway!"
gut-bustingly hilarious as it is blithely
ridiculous". In the US, the film was
selected as the
second
best
comedy
of all
The
film
was
a box-office
success, the fourth-highest
time in the ABC special Best in Film: The
grossing film in the United Kingdom in 1979 and highest of
Greatest Movies of Our Time; in the UK,
any British film in the United States that year. It has
readers of Total Film magazine ranked the
Initially only hired to be the animator of the
series, Gilliam was not thought of (even by
himself) as an on-screen performer at first,
being American and not very good at the deep
and sometimes exaggerated English accent of
his fellows. The others felt they owed him
something and so he sometimes appeared
before the camera, usually in the parts that no
one else wanted to play, generally because they
required a lot of make-up or involved
uncomfortable costumes.[citation needed] The
most recurrent of these was
The-Knight-Who-Hits-People-With-A-Chicken,
a knight in armor who would walk on-set and
hit another character on the head with a
plucked chicken when they said something
really corny. Some of Gilliam's other on-screen
portrayals included:
A man with a stoat through his head Cardinal Fang in "The
Spanish Inquisition"
A dandy wearing only a mask, bikini underwear and a cape, in
"The Visitors"
A hotel clerk in "The Cycling Tour" episode
A fat young man covered in beans in "Most Awful Family In
Britain"
Despite, or, according to Cleese in the DVD
commentary for Life of Brian, perhaps because
of, an obviously deficient acting ability in
comparison to the others, Gilliam soon became
distinguished as the go-to member for the most
obscenely grotesque characters. This carried
Numerous non-sequitur names were
considered before that, including “Owl
Stretching Time,” “The Toad Elevating
Moment,” “A Horse, a Spoon, and a
Basin,” and “Bumwacket, Buzzard,
Stubble and Boot.” “Flying Circus” only
stuck because the BBC informed the
group they had printed their programming
schedules with the name already and it
couldn’t be changed. When they wanted a
name to go before that, John Cleese
suggested something slithery like
“Python,” while Eric Idle came up with
the name “Monty” to suggest a sort of
drunken British stereotype.
Monty Python's Life of Brian, also known as Life of Brian, is
a 1979 British comedy film starring and written by the
comedy group Monty Python (Graham Chapman, John
Cleese, Terry Gilliam, Eric Idle, Terry Jones and Michael
Palin), and directed by Jones. It tells the story of Brian
Cohen (played by Chapman), a young Jewish man who is
born on the same day as, and next door to, Jesus Christ and
is subsequently mistaken for the Messiah.
Following the withdrawal of funding by EMI Films, longtime
Monty Python fan and former Beatle George Harrison
arranged financing for Life of Brian through the formation of
his company HandMade Films.
The film contains themes of religious satire that were
controversial at the time of its release, drawing accusations
of blasphemy and protests from some religious groups.
Thirty-nine local authorities in the UK either imposed an
television networks.
name to go before that, John Cleese
suggested something slithery like
“Python,” while Eric Idle came up with
“Why are we here?
the name “Monty” to suggest
a sortlife
ofall about?
What’s
drunken British stereotype. Is God really real?
Or is there some doubt?
Well tonight,
we’re going to sort it all out.
For tonight is the
Meaning of Life?”
Eric Idle is perhaps best remembered for
his roles as a cheeky, suggestive playboy,
"Nudge Nudge", as a crafty, slick salesman
("Door-to-Door Joke Salesman",
"Encyclopedia Salesman"), and the
merchant who loves to haggle in Monty
Python’s Life of Brian. He is acknowledged
as 'the master of the one-liner' by the other
Pythons.[citation needed] He is also
considered the best singer/songwriter in the
group; for example, he wrote and
performed "Always Look on the Bright Side
of Life" from The Life of Brian. Unlike
Jones, he often played female characters in a
more straightforward way, only altering his
voice slightly, as opposed to the falsetto
shrieking used by the others. Several times,
Idle appeared as upper-class, middle-aged
females, such as Rita Fairbanks
("Reenactment of the Battle Of Pearl
Harbor") and the sexually-repressed
Protestant wife in the "Every Sperm is
Sacred" sketch, The Meaning of Life.
Because he was not from an
already-established writing partnership prior
to Python, Idle wrote his sketches alone.
Cleese had the idea for
the taunting French
soldiers after something
he read in a history
book about medieval
troops whose sole
purpose was to taunt
opposing enemies
before battle. He
combined that with the
Roman practice of
catapulting dead or
rotting animals into
castles to draw enemies
out as well as the
practice of dropping
feces on enemies who
attempted to storm
castles.
Michael Palin was regarded by the other
members of the troupe as the one with the
widest range, equally adept as a straight man
or wildly over the top character. He portrayed
many working-class northerners, often
portrayed in a disgusting light: "The Funniest
Joke in the World" sketch and the "Every
Sperm Is Sacred" segment of Monty Python's
The Meaning of Life). In contrast, Palin also
played weak-willed, put-upon men such as the
husband in the "Marriage Guidance
Counsellor" sketch, or the boring accountant
in the "Vocational Guidance Counsellor"
sketch. He was equally at home as the
indefatigable Cardinal Ximinez of Spain in
"The Spanish Inquisition" sketch. Another
high-energy character that Palin portrays is
the slick TV show host, constantly smacking
his lips together and generally being
over-enthusiastic ("Blackmail" sketch). In one
sketch, he plays the role with an underlying
hint of self-revulsion, where he wipes his oily
palms on his jacket, makes a disgusted face,
then continues. One of his most famous
creations was the shopkeeper who attempts to
sell useless goods by very weak attempts at
being sly and crafty, which are invariably
spotted by the customer (often played by
Cleese), as in the "Dead Parrot" and "Cheese
Shop" sketches. Palin is also well known for
his leading role in the "The Lumberjack
Song".
Palin also often plays heavy-accented
foreigners, mostly French ("La marche futile")
or German ("Hitler in Minehead"), usually
alongside Cleese. In one of the last episodes,
he delivers a full speech, first in English, then
in French, then in heavily accented German.
Of all the Pythons, Palin played the fewest
female roles.[citation needed] Among his
portrayals of women are: Queen Victoria in
"Michael Ellis" episode, Debbie Katzenberg
the American in Monty Python's The
Meaning of Life, or as a rural idiot's wife in
the "Idiot in rural society" sketch.
outright ban, or imposed an X (18 years) certificate,
effectively preventing the film from being shown, as the
distributors said it could not be shown unless it was unedited
and carried the original AA (14) certificate. Some countries,
including Ireland and Norway, banned its showing, with a
few of these bans lasting decades. The filmmakers used
such notoriety to benefit their marketing campaign, with
posters in Sweden reading
"So funny, it was banned in Norway!"
The film was a box-office success, the fourth-highest
grossing film in the United Kingdom in 1979 and highest of
any British film in the United States that year. It has
remained popular, receiving positive reviews. The film
received a 96% "Fresh" rating on Rotten Tomatoes with the
consensus "One of the more cutting-edge films of the 1970s,
this religious farce from the classic comedy troupe is as
poignant as it is funny and satirical", and it was named
"greatest comedy film of all time" by several magazines and
television networks.
“Why are we here?
What’s life all about?
Is God really real?
Or is there some doubt?
Well tonight,
we’re going to sort it all out.
For tonight is the
Meaning of Life?”
Monty Python's The Meaning of Life, also known as The Meaning of Life, is a
1983 British musical sketch comedy film written and performed by the Monty
Python troupe, directed by one of its members, Terry Jones, and was the last
film to feature all six Python members before Graham Chapman's death in
1989. Unlike Holy Grail and Life of Brian, the film's two predecessors, which
each told a single, more-or-less coherent story, The Meaning of Life returns to
the sketch comedy format of the troupe's original television series and their
first film from twelve years earlier, And Now for Something Completely
Different, loosely structured as a series of comic sketches about the various
stages of life.
Graham Chapman often portrayed
straight-faced men, of any age or class,
frequently authority figures such as military
officers, policemen or doctors. His
characters could, at any moment, engage in
"Pythonesque" maniacal behaviour and then
return to their former sobriety. He was also
skilled in abuse, which he brusquely
delivered in such sketches as "The
Argument Clinic" and "Flying Lessons". He
adopted a dignified demeanour as the
leading "straight man" in the Python feature
films Holy Grail (King Arthur) and Life of
Brian (title character Brian).
Monty Python and the Holy Grail is a
Now for Something Completely Different,
a compilation of sketches from the first
Monty Python (Graham Chapman,
two television series, Holy Grail was
John Cleese, Terry Gilliam, Eric Idle,
composed of new material, and is
Terry Jones, and Michael Palin), and
therefore considered the first "proper" film
directed by Gilliam and Jones. It was
by the group. It generally parodies the
conceived during the hiatus between
legend of King Arthur's quest to find the
the third and fourth series of their
Holy Grail. The film was a success on its
popular BBC television programme
nitial release, and Idle used the film as
Monty Python's Flying Circus.
The film was a box-office success,
exhibited in the U.S. in 1975. It has
remained popular since then, receiving
critical acclaim. The film received a 97%
"Fresh" rating on Rotten Tomatoes, with
the consensus; "a cult classic as
gut-bustingly hilarious as it is blithely
ridiculous". In the US, the film was
selected as the second best comedy of all
time in the ABC special Best in Film: The
film the fifth greatest comedy film of all
poignant as it is funny and satirical", and it was named
"greatest comedy film of all time" by several magazines and
television networks.
“Why are we here?
What’s life all about?
Is God really real?
Or is there some doubt?
the inspiration for the 2005 Tony
Award-winning musical Spamalot.
grossing the highest of any British film
viewers placed
the film sixth (2000).
consensus
"One of the more cutting-edge films of the 1970s,
this religious farce from the classic comedy troupe is as
In contrast to the group's first film, And
1975 British comedy film written and
performed by the comedy group of
remained
receiving positive reviews. The film
film the fifth greatest
comedypopular,
film of all
received
a 96%
time, and a similar
poll of Channel
4 "Fresh" rating on Rotten Tomatoes with the
Monty Python’s Flying Circus (known
during the final series as just Monty
Python) is a British sketch comedy
series commissioned by David
Attenborough,[1] created by the comedy
group Monty Python and broadcast by
the BBC from 1969 to 1974. The shows
were composed of surreality, risqué or
innuendo-laden humour, sight gags and
observational sketches without
punchlines. It also featured animations
by Terry Gilliam, often sequenced or
merged with live action. The first
episode was recorded on 7 September
and broadcast on 5 October 1969 on
BBC One, with 45 episodes airing over
four series from 1969 to 1974, plus two
episodes for German TV.
The name of the highly influential comedy
troupe made up of Graham Chapman,
John Cleese, Terry Gilliam, Eric Idle,
Terry Jones, and Michael Palin was made
up by the group when they were
commissioned to make their BBC comedy
show Monty Python’s Flying Circus.
comedy group Monty Python (Graham Chapman, John
Greatest Movies of Our Time; in the UK,
readers of Total Film magazine ranked the
time, and a similar poll of Channel 4
viewers placed the film sixth (2000).
96.5 the Buzz presents
Hee’s my portfolio, take
a look around.
Arvest Bank At the midland
A poster for the music
show from 96.5 the
Buzz, The Night the
Buzz Stole Christmas.
Night 1 - Friday,
Dec. 19
Illustrator,
Photoshop
majikfaery@sbcglobal.net
Night 2 - Saturday,
Dec. 20
Cage the Elephants Glass Animals
Cold War Kids
Bleachers
The Orwells
Banks
Beautiful Bodies
Misterwives
Hee’s my portfolio, take
a look around.
This is an app mockup
called Super Baby!
He has to save
the world from the
evil alien babies.
Illustrator,
Photoshop
majikfaery@sbcglobal.net
Hee’s my portfolio, take
a look around.
This is a t-shirt design
based on what graphic
design is to me.
Illustrator,
Photoshop
majikfaery@sbcglobal.net
Hee’s my portfolio, take
a look around.
This is for a kickstarter
called Stuffed Scarfs.
Illustrator,
Photoshop
majikfaery@sbcglobal.net
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