Wednesday, January 26, 2011

P&G not yet seeing a return on its beauty investment

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January 26, 2011News for the food, beverage and consumer packaged goods industry

  Company Watch 
 
  • P&G is not yet seeing a return on its beauty investment
    Procter & Gamble has not seen a strong return on an investment made in beauty products. The company changed structure in 2009, combining ad budgets and product launches for beauty brands, and has invested about $80 billion in the past 20 years, including $57 billion to purchase Gillette and $11 billion for Clairol and Wella. However, beauty sales increased 1.5% in fiscal 2009 and 3% in fiscal 2010, outpaced by other divisions. The Wall Street Journal (1/26) LinkedInFacebookTwitterEmail this Story
  • Mars expects no disruption from Ivory Coast ban
    Mars said its chocolate production won't be disrupted in the short term by the Ivory Coast's temporary ban on cocoa exports. Ivory Coast, which supplies about one-third of global cocoa, has stopped exports for a month amid political unrest. Mars said, "We are certain that in the short term this will not impact our ability to manufacture the chocolate products that our consumers desire." The Wall Street Journal/Dow Jones Newswires (1/25) LinkedInFacebookTwitterEmail this Story
  • Seattle's Best intros ready-to-drink lattes
    Seattle's Best is rolling out ready-to-drink lattes in cans as part of its "Anywhere Great Coffee is Needed" strategy. The drinks, to be sold in grocery, convenience and other retail stores, are made with Seattle's Best coffee and are offered in Iced Latte, Iced Vanilla Latte and Iced Mocha Latte varieties. QSRMagazine.com (1/25) , Drug Store News (1/25) LinkedInFacebookTwitterEmail this Story
  • Global media exec at Unilever to step down
    Laura Klauberg, who joined Unilever in 1987 and is senior vice president for global media, announced she will leave the company March 31 to pursue other interests. She is currently based in London, where she oversaw some $2 billion in ad placements as of 2007. Brandweek (1/25) LinkedInFacebookTwitterEmail this Story
Private Label Food and Non-Alcoholic Drink Trends explores the consumer, product and market trends in food and non-alcoholic beverage private label brand purchases. Click here now to find out more.
  Trends 
 
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  Advertising & Marketing 
 
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  Retail Spotlight 
  • Schnucks cuts prices on the most popular items
    Schnucks is introducing "Peace of Mind Pricing," reducing prices on 1,700 items that are purchased most often. The program follows a survey asking customers what the chain can do to best meet their needs, and it includes such staples as milk, eggs, yogurt and coffee. Progressive Grocer (1/25) LinkedInFacebookTwitterEmail this Story
  Featured Content 
 

  Science & Technology 
  • Mushroom-growing kits cultivate a following
    Kits that allow users to grow mushrooms indoors or out are becoming popular for people seeking local food sources or even science projects for their children. Mushrooms grow well indoors, but if they are not harvested on time they will produce millions of spores that can cover household surfaces. The Wall Street Journal (1/26) LinkedInFacebookTwitterEmail this Story
  Health & Wellness 
The Buzz(CORPORATE ANNOUNCEMENTS)

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