Improvita private-label item gets retailers in hot water
NEW YORK It’s a reminder that retailers are only one step removed from litigations involving one of their suppliers, especially when that supplier is manufacturing a store brand offering for them.
But perhaps more important, it may also be an indicator that like the Food and Drug Administration, the Federal Trade Commission may be a little more proactive in pursuing regulatory actions than they may have under the Bush administration. The FDA so far this year has issued more than 60 warning letters to dietary supplement companies making inappropriate treatment or prevention claims, and that’s just since the inauguration. It’s not as though the regulation isn’t clear — supplement companies cannot make claims that their products cure, mitigate or prevent any disease state. Though to be clear, many of the recent warning letters target online-only supplement distributors making such egregious claims as cancer prevention or a swine flu cure.
Dietary supplement manufacturers have already done quite a bit to shed an underserved reputation of shilling snake-oil-type products. The Council for Responsible Nutrition, for example, has funded increased advertising review by the National Advertising Division, a program that’s expected to receive additional funding going forward. The association has also become more aggressive of late in defending the industry by challenging critical news reports that base their criticisms on inaccuracies or faulty meta-analyses, and counter those criticisms with arguments grounded in science.
Chews-4-Health to be featured on TV show
WILMINGTON, N.C. Chews-4-Health on Friday announced that its super fruit/sea vegetable/antioxidant chewable dietary supplement will be the featured nutritional product on the upcoming television show “Kids Spaces”. The “Focus on Healthy Children” special will air nationally on the Woman’s Entertainment Network July 24 and on The Learning Channel July 25.
Chews-4-Health provides 13 servings of fruits and vegetables and contains no chemical preservatives, artificial sweeteners, dyes or unnatural flavors. The chewable tablets are made from whole food fruits and vegetables.
“Chews-4-Health helps parents across the country give their children the very best nutritious dietary supplements,” stated David Friedman, product formulator and CEO of Chews-4-Health. “It is an honor to be featured on ‘Kids Spaces’ as the nutritional product of choice, and I hope many parents tune in to the show and get this valuable information.”
Quigley Corp. officially appoints interim CEO Karkus to post
DOYLESTOWN, Pa. Quigley Corp. on Friday named Ted Karkus, chairman, the company’s CEO.
Robert Cuddihy has been appointed COO.
Karkus recently conducted a successful proxy contest which resulted in his slate of directors being elected to the board last month. He had been serving as interim CEO since June 12.
Karkus has 25 years of Wall Street experience and since 1996 has been providing management consulting services to emerging-growth companies. Karkus assisted the turnaround of ID Biomedical, an influenza vaccine manufacturer, which in 2005 was sold to GlaxoSmithKline for more than $1.4 billion.
Cuddihy has more than 20 years of experience as the COO and/or CFO of two public companies — HMG Worldwide Corporation, which focused on retail, planning and merchandising; and iDNA Inc., which focused on corporate communications. Most recently, Cuddihy served as the president of Shannon Hill Associates.
Former chairman, president and CEO Guy Quigley announced his resignation last month, following a contentious proxy contest which culminated on May 20 at the company’s annual meeting and favored shareholder Karkus and his proposed slate of directors.
Quigley Co. also accepted the resignation of Charles Phillips, COO, and Wendy Quigley, accounting operations manager, last month.