Investment group acquires controlling interest in maker of Ocean Potion and No-Ad sun care
COCOA, Fla. — Sun and Skin Care Research, a manufacturer of branded and private-label sun care products that are sold under such brands as Ocean Potion and No-Ad, has announced that an investment group led by private equity firm Source Capital, and including the company’s management, has acquired a majority interest in the company.
SSCR founder Gary DeAngelo will continue to remain active within the day-to-day operations and will retain a significant ownership stake, while industry veteran Steve Taylor will join the company as CEO. Taylor previously spent 25 years in multiple leadership positions with Johnson & Johnson, including senior roles with such brands as Neutrogena, Roc, Aveeno, Piz Buin and Johnson’s Baby.
Taylor stated that, over the coming months, the company plans to introduce new products and brands and expand into new categories, while also accelerating its international growth. SSCR currently sells its products around the world in more than 70 countries.
Tom’s of Maine introduces its first men’s deodorant line
KENNEBUNK, Maine — Tom’s of Maine is introducing, for the first time, a new line of men’s deodorants.
Free from artificial preservatives, including parabens and synthetic fragrance, Tom’s of Maine’s new Clean Confidence and Mountain Spring deodorants are specially formulated to provide 24-hour odor protection with a wide stick application. The natural, vegetable-based formula is clinically proven to help inhibit and neutralize odor through the antimicrobial action of hops and zinc ricinoleate, according to the manufacturer. Natural masculine fragrances provide a pleasant scent while organic aloe vera juice offers a soothing feel.
In addition, all of Tom’s of Maine deodorant cans are recyclable from canister to cap through the Preserve Gimme 5 program or through local recycling programs accepting #5 plastics.
"It used to be that natural personal care options were pretty limited for guys, and we’ve been working to change that," stated Peter Bright, marketing director at Tom’s of Maine, which gives 10% of its profits from deodorant and all of its products back to the community. "We’ve listened to what men want and need in a natural deodorant and our new men’s line works hard while you play hard."
Tom’s of Maine Clean Confidence and Mountain Spring deodorants are available nationwide at a suggested retail price of $4.99.
Nielsen, University of Chicago Booth School of Business team up on consumer research initiative
CHICAGO — Nielsen and the University of Chicago Booth School of Business said they plan to offer comprehensive historical perspective on consumer purchases to all U.S.-based academic researchers for the first time.
Nielsen said that the marketing information will allow academics to investigate topics that previously could not be studied and noted that, as part of the arrangement, all tenure-track faculty members and Ph.D. students from accredited U.S. colleges and universities can apply for access to the Nielsen Consumer Panel information the research firm is making available.
"Many of today’s best practices in marketing began as academic research," Nielsen SVP measurement science Frank Piotrowski said. "We believe this alliance will yield research that improves marketers’ abilities to drive growth and profitability in the consumer packaged goods industry."
The Nielsen information is based on product purchases made by a panel of consumer households across all retail outlets in all U.S. markets. The data set includes purchases from all Nielsen-tracked categories, including food, nonfood grocery items, health and beauty aids and selected general merchandise. The panel information represents 40,000 to 60,000 U.S. households who continually provide information about the makeup of their households, the products they buy, as well as when and where they make purchases.
"This will start a revolution in terms of the research we do as marketers and the insight we gain into consumer behavior," said Sanjay Dhar, the James H. Lorie professor of marketing at Chicago Booth and director of the school’s Kilts Center for Marketing, which will oversee release of the information. "Thanks to exposure to the power of analytics early in their education and careers, our Nielsen/Chicago Booth collaboration will yield a new generation of marketers passionate about insight and analytics."