Industry News Sun & Skin Care Research recently completed the acquisition of the popular sunscreen brand Bull Frog from Chattem, Inc., a Division of Sanofi US. According to the company, Bull Frog has a history of innovation and was the first sun care brand to provide water resistant protection and the first mass marketed sunscreen/insect repellent line. Launched in 1985 in California, Bull Frog offered serious sun protection to surfers who spent hours in the water. Other products in the Sun & Skin Care Research portfolio of brands include Ocean Potion, NO-AD and Parrot head Margaritaville. All products are made in Cocoa, FL. Avon Products Inc. announced it will slash more than 400 jobs and exit the Irish market, the latest moves in 16 Spray May 2013 the new CEO’s plan to return the beauty products company to profitability in the next two years. The world’s largest direct seller of cosmetics is already showing signs of stabilizing its business under new CEO Sheri McCoy, who was brought in a year ago and who received a $12.9 million bonus only days before the announcement, following years of inconsistent sales in Brazil and Russia and dwindling business in China and the U.S. In December, the company set an annual cost savings target of $400 million by the end of 2015 and said it would exit South Korea and Vietnam. McCoy said at an investor conference in February that she had no qualms about exiting unprofitable markets to focus on emerging markets. She said a key priority is to reverse a long sales slide in the U.S. The cuts, which will be completed by the end of the year, are expected to generate $45–$50 million in annual savings. Avon has 39,100 employees and more than six million active sales representatives. Additionally, former Avon CEO Andrea Jung, whom was replaced by McCoy, has taken on a new role in the automotive industry, serving on the board of Germany’s Daimler AG, the world’s third-largest maker of luxury cars. The American Cleaning Institute’s (ACI) Annual Meeting & Convention in February attracted 810 attendees, the highest total in a decade, according to ACI Chairperson Catherine Ehrenberger of Amway. Moreover, ACI corporate membership was expected to reach 131 companies following the meeting, up from 113 companies a year ago. The new total represents the highest member since 2003, according to Tom O’Brien, ACI treasurer. Cosmoprof North America (CPNA) announced BEAUTIQUE, a new sampling concept that will be unveiled at the show this July. According to CPNA, curated boxes featuring sample-sized beauty products delivered monthly to subscribers is one of today’s hottest trends with many online retailers offering variations on this concept. All CPNA attendees are invited to visit BEAUTIQUE to purchase deluxe-sized samples, including the latest in up-and-coming cosmetics, skin care, nails, hair, and some classic beauty favorites for a nominal fee. All proceeds will benefit City of Hope, a research, treatment and education center for cancer, diabetes and other lifethreatening diseases. CPNA will take place July 14–16 at the Mandalay Bay Convention Center in Las Vegas, NV. Visit cosmoprofnorthamerica.com The newly updated Personal Care Products Council Continued on page 48 Need someone to manufacture your aerosol cans faster? Yes we CAN! State of the art technology. Reliable lead times. Available capacity. Wide ranges of sizes and shapes. World-Class quality. Competitive pricing. A world-class manufacturer of Aluminium Aerosol Cans is proud to announce the opening of our NEW aluminium can plant in Lebanon, KY. featuring NORTH AMERICA’S FIRST 9 COLOR PRESS. For samples or pricing information, contact our North American Sales and Marketing sales@montebellopkg.com • 613-632-4051 ext. 1112 www.montebellopkg.com
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