L’Oreal honors 13 ‘Women of Worth’ at awards presentation
NEW YORK At a special awards presentation held Monday evening in New York City, beauty company L’Oreal Paris honored 13 women for their volunteerism and community achievement.
“The four simple words ‘Because I’m Worth It’ continue to serve as the inspiration for the L’Oreal Paris community,” stated Carol Hamilton, president of L’Oreal Paris. “We’re thrilled to be honoring these 13 amazing women from all across the country for their dedication to their communities.”
The 13 honorees were:
- Maureen Cavaiola, 59, of Severna Park, Md., founded “Partners in Care,” an organization that helps older and disabled adults remain independent in their own homes.
- Tara Church, 29, of New York, co-founded the world’s first youth environmental nonprofit, “Tree Musketeers” at age 8.
- Meagan Corlin, 23, of Strafford, N.H., founded the “StarMight Foundation” at age 17, a non-profit organization that empowers youth to make a difference through volunteerism.
- Angelia Curran, 41, of Smith’s Station, Ala., is the Deputy Chief of the “Friendship Volunteer Fire Department”, a volunteer fire department she began volunteering for at age 15.
- Anne Garrett Addison, 45, of Lake Stephens, Washington, co-founded the “Preeclampsia Foundation”, whose mission is to reduce maternal and infant illness and death due to preeclampsia.
- Millicent “Mama” Hill, 67, Los Angeles, established “Mama Hill’s Help” which provides tutoring for more than 125 neighborhood youth in South Los Angeles.
- Gayle Hutchens, 60, of Indianapolis, founded “Paws & Think”, which matches underserved youth with shelter dogs to enhance the lives of adults and children with special needs.
- Shamika Lee, 27, of Boston, volunteers at “Graham Windham”, a home that provides preventive services as well as foster care and adoption.
- Pauline Lewis, 69, of Phoenix, founded the “Phoenix Foundation for Homeless Children” and ministers to hundreds of homeless children and their families by tending to their medical, nutritional, and other basic needs.
- Wendy Masi, 55, of Fort Lauderdale, established the “Love Jen Fund,” which provides emergency financial assistance to families who have a child sick with cancer.
- Eva Payne, 31, of Lincoln, Neb., founded “Camp Kindle,” a summer camp for young people impacted by HIV and AIDS.
- Hesther Rippy, 80, of Lehi, Utah, founded the “Lehi-Rippy Literacy Center,” which offers effective one-on-one literacy training to help families and individuals develop the necessary reading skills to thrive in society.
- Karen Stark, 58, of Oklahoma City, Okla., founded the “HUGS Project,” a nationwide troop support effort.
All 13 honorees received $2,500 on their behalf for their non-profit cause, plus a matching $2,500 monetary donation in their names to The Ovarian Cancer Research Fund, the 10-year charitable partner of L’Oreal Paris.
In addition, L’Oreal announced that Stark was chosen by popular vote as the Woman of Worth National Honoree for with her work with The HUGS Project, a national organization that provides handmade supplies for US troops oversees.
Colgate-Palmolive releases strong Q3 results
NEW YORK Colgate-Palmolive announced on Tuesday that it experienced a strong third quarter as new U.S. product launches in the super-premium category contributed to growth in oral care.
Worldwide sales grew 12 percent to $3.5 billion and unit volume grew 5.5 percent. Excluding divestments, worldwide sales and unit volume grew 13 percent and 6.5 percent, respectively. The growth was supported by a 12 percent boost in worldwide ad spending.
Net income and diluted earnings per share were $420.1 million and 77 cents, respectively. Excluding restructuring charges and SFAS 88 charges, net income in the quarter rose 16 percent to $466.4 million and diluted earnings per share increased 18 percent to 86 cents.
In the United States, Colgate Total Advanced Clean toothpaste, supported by an integrated marketing campaign featuring Brooke Shields and a professional sampling program, helped drive market share for Colgate Total toothpaste to its highest quarterly share ever at 15.3 percent.
Colgate Max Fresh BURST toothpaste, infused with 50 percent more mini breath strips, continues to build incremental market share for the Max Fresh equity, now at 3.9 percent year to date.
Meanwhile, the company’s share of the manual toothbrush market is 25.6 year to date, up 2 share points versus a year ago, fueled by the continued success of Colgate 360 degree manual toothbrush and its latest variant Colgate 360 degree Sensitive.
New products planned for the fourth quarter include Softsoap brand SPA Radiant body wash and liquid hand soap, Irish Spring Moisture Blast and Irish Spring Reviving Mint body washes, Softsoap brand Pink Grapefruit liquid hand soap and Mennen Speed Stick 24/7 Momentum deodorant.
Alberto-Culver announces positive full-year results
MELROSE PARK, Ill. Alberto-Culver, whose brands include TRESemme, Alberto VO5, Nexxus and St. Ives, recorded a sales increase of 10.2 percent for the fiscal year, marking the first full year results since the company split its consumer products business and its Sally Beauty/BSG distribution business.
Net sales for the fiscal year rose 10.2 percent to $1.54 billion from $1.40 billion in the year-ago period.
Net earnings totaled $78.3 million, or 80 cents per diluted share, compared with $205.3 million, or $2.20 per share, in the year-ago period.
Diluted earnings per share from continuing operations were 83 cents after deducting 23 cents for restructuring and other expenses. Diluted earnings per share, excluding restructuring and other expenses, rose 24.7 percent to $1.06 versus 85 cents in the year-ago period.
In November 2006, the company closed on the separation of its consumer products business and its beauty supply distribution business. The split resulted in two separate publicly-traded companies: new Alberto-Culver, manufacturer and marketer of beauty and personal care products, and Sally Beauty Holdings, a distributor of professional beauty supplies.
In addition, Alberto-Culver’s board of directors approved the regular 5.5 cent quarterly cash dividend. The dividend will be paid Nov. 20 to shareholders of record on Nov. 5.