Henkel reports U.S. sales, organic growth surge
DUSSELDORF, Germany, and ROCKY HILL, Conn. — Henkel’s 2010 sales grew 11.2% to nearly $20.8 billion during the year, the company reported in its financial earnings release.
Henkel’s North American sector also experienced strong growth, garnering $3.75 billion in sales for the year, an increase of 7% from 2009. The company also noted that organic sales growth totaled 3.5%, mainly boosted by its adhesive technologies, although sales of the laundry and home care and cosmetics/toiletries business sectors declined.
In the United States, Henkel introduced several new products, including Purex Complete crystals softener, which infuses fibers with long-lasting fragrance, as well as expanded its Dial brand lineup. Henkel also unveiled an updated logo and new slogan earlier this month. Prior to this, the logo design was last updated in 2002.
“The economic conditions remain challenging, especially in view of the highly competitive environment in which we operate, and rising raw material costs," Henkel CEO Kasper Rorsted. "We will continue to respond quickly and decisively to changes in our markets and continue the transformation process in our company."
Looking ahead, Henkel expected to achieve organic growth of between 3% and 5% and a rise in adjusted earnings per share of around 10%.
Jemma Kidd Make Up School collection to debut on QVC
NEW YORK — Jemma Kidd Make Up School is slated to debut on QVC on March 4, offering on-air tips and step-by-step instructions for professional application.
Kidd, the international makeup artist, product designer and founder of a London academy for professional makeup artistry, is scheduled to introduce the Jemma Kidd Make Up School stay-put long-wear eyeliner, a long-lasting, waterproof and smudge-resistant eyeliner with added antioxidants and conditioners. Three stay-put long wear eyeliner duos, sets of two liners in two ultra-wearable shades, will be available to QVC consumers.
"Launching on QVC brings Jemma and the school into people’s homes, creating an immersive experience that enables us to reach a new consumer and market segment," stated Grace Fodor, Jemma Kidd Make Up School co-founder and managing director. "This strategy fits the education and teaching values of the brand perfectly."
In addition to the Jemma Kidd Make Up School collection, the beauty company also offers exclusively at Target stores its JK Collection of makeup.
Perma Brands launches Razorpit
NEW YORK — Perma Brands, a developer and distributor of personal care, beauty, bath and gift items in North America, is bringing to the U.S. market the Danish-designed Razorpit, which is a product designed to extend the life of a razor blade.
Razorpit uses a friction-based method to remove the fine residues of hair, skin and soap that make razor blades dull, extending the life of any one razor blade from five to 10 times up to 150 shaves, the company stated. With a five-blade cartridge that costs an average of $4.51, Razorpit could save consumers more than $200 in the first year alone, the company estimated. The Razorpit retails for $25.
Razorpit’s design is made of recycled thermo plastic elastomeric, which is a highly stable, inactive material with the properties of silicone and rubber.
To clean the razor, glide the blade across the surface of the Razorpit, which removes soap, skin, hair and all other buildup that makes a razor feel dull.
"The razor blades we purchase today are superior products that have the potential to last a long time. There is no reason why we should be tossing them in the trash after a few days," stated Jason Goncalves, president of Perma Brands. "Razorpit lets you extend the life of your razor blades, giving you more value for your money, and leaving fewer razor blades in landfills. It’s a beautiful example of an innovation that is set to revolutionize the razor blade industry and save money for millions of Americans."