P&G predicts rise in costs
NEW YORK Buyers of Proctor & Gamble products could soon pay higher prices.
Dow Chemical, one of P&G’s main suppliers of the materials it uses to make its products, has had to increase costs by up to 20 percent to defray rising prices of energy and raw materials. P&G does not know how much that will affect prices of its own products, whose prices have already increased this year by between 6 and 10 percent.
The company reported that first-quarter spending on raw materials had increased by 42 percent, and that the increase in prices for its materials was the largest in its 111-year history.
Dow’s stock price was down by 0.03 percent at 2:57 p.m. Thursday on the New York Stock Exchange.
Akasha puts a new spin on mascara
SAN FRANCISCO Akasha has introduced the new Spinlash, a mascara with a rotating brush.
The Spinlash brush rotates to remove clumps, coat and separate with each turn, and it also applies a liquid line of eyeliner all at the same time.
“We sent out samples and our customers discovered the innovation: If you hold the wand at the base of the eyelashes and pause for just a moment, before stroking upwards, you actually get a perfect coat of mascara and a professional application of eyeliner—all at the same time,” stated Barbara Carey, inventor of the Spinlash.
Broadway Nails debuts new French nail look
Nail care company Kiss is looking to jazz up the classic French nail look this spring with the launch of new Nude French Deceptions and Tip Tease under its Broadway Nails brand.
The Nude French Deceptions feature a softer white tip that blends in with the natural pink nail. The glue-on nails last for up to 10 days. The kit contains 28 Nude French Nails in 14 sizes and nail glue and comes in two shades: peach and pink.
The company also introduced new Tip Tease nails that feature a hot pink swirly-flower pattern over the white tip for a more creative nail.
Both nail products feature new packaging for the nail glue. The glue has a resealable screw cap for easy open and dry-proof storage. The formula now contains vitamin A, E and Pro B5 to promote natural nail growth and strengthening.
Both products retail for $4.99.