Alberto-Culver reports Q1 sales
MELROSE, Ill. Alberto-Culver, whose brands include TRESemme, St Ives, Nexxus and Noxzema, announced on Monday that net sales rose 2.9% during the first quarter, with particularly strong sales growth in its international segment.
“While the hair care category remains soft, trends are slowing beginning to improve and we continue to gain market share,” stated V. James Marino, president and CEO. “Sales growth was particularly strong in our international segment, even with a very strong performance in the prior-year quarter.”
Net sales for the quarter rose 2.9% to $363 million. On an organic basis, which excludes the effect of foreign currently fluctuations and acquisitions and divestitures, sales were flat in the quarter.
In the United States, despite market share gains and continued growth on TRESemme, sales slipped 2.5% compared with the prior-year when sales rose 8% (including 4% growth from last year’s Noxzema acquisition).
International sales increased 12.3% (foreign currency fluctuations accounted for 8.5% of the growth) behind double-digit growth on TRESemme and St Ives.
Added Carol Lavin Bernick, executive chairman, “While market conditions remain challenging, our business model continues to generate profitable growth. Our focus and consistent strategy of driving growth in our core beauty care brands is a major contributor to our success. Our December acquisition of Simple, a U.K.-based leading skin care brand, builds on that strategy, further strengthens our beauty care portfolio and creates additional growth opportunities.”
H-E-B, P&G explore ‘Men’s Zone’
SAN ANTONIO Grocer H-E-B has launched a new men’s grooming department that was developed in partnership with Procter & Gamble and boasts more than 530 products just for him.
According to local reports, the new Men’s Zone features, in addition to products, touchscreens so men can get grooming tips and discover new products.
So far, the Men’s Zone is located within H-E-B stores in Boerne, San Antonio and Shertz. According to reports, P&G selected the San Antonio area to debut the concept because of its large Latino population — a group that tends to spend more money on general grooming, Lisa Harbert, of the company’s local office, was quoted as saying.
According to Harbert, since the Men’s Zone debut in the Schertz store in December, overall sales have increased by 11%. Body-wash sales grew by 37%.
“Men are likely to purchase a product if they see how it works and if it is prominent with messages such as here’s stuff for your morning routine, your afternoon routine and your going-out routine,” Anne Westbrook, a P&G spokeswoman, was quoted as saying. “Guys like a little bit of direction.”
Beauty gives back: Coty donates to Haiti relief efforts
NEW YORK Coty announced on Thursday a collective donation of $100,000 to two humanitarian organizations involved in the earthquake relief efforts in Haiti.
The beauty company is donating $50,000 to the American Red Cross and $50,000 to Save the Children, an international organization working in Haiti since 1978 that has more than 200 staff members in the country responding to the immediate needs of children and their families.
“Our hearts go out to the countless victims of the earthquake in Haiti and their families around the world,” stated Bernd Beetz, Coty’s CEO. “In addition to our corporate donation to both the American Red Cross and Save the Children, our 10,000 employees worldwide are continuing to support numerous Haiti relief efforts around the globe. As a company, Coty is committed to further supporting recovery needs.”