Nature’s Gate launches new sun care products
NEW YORK Nature’s Gate, a maker of natural personal care products, has announced the launch of its new sunless tanner and faceblock SPF 25. The new products were available in stores as of April.
The Nature’s Gate sunless tanner is formulated with green tea and red raspberry, which fight free radicals. The lightweight, fast-absorbing formula is infused with antioxidant rich olive oil moisturizers.
The new faceblock SPF 25 is fortified with zinc oxide, offering broad-spectrum UVA/UVB protection. It is enriched with vitamins C and E from guava, almond and tomato extracts to help protect skin, while cucumber, aloe and chamomile help soothe skin.
Tabs Group announces Unilever agreement for total store analytics service
SHELTON, Conn. A marketing research and consulting company announced the extension of its contract with Unilever.
Tabs Group — founded in 1998 by company president Kurt Jetta — said that its total store analytics service by will utilized by Unilever. Tabs Group said its service is a better way to conduct sales and marketing analytics in the consumer product and private equity industries.
The terms of the deal were not disclosed.
“We are pleased by the commitment Unilever has shown to Tabs Innovation. We are excited to enhance our deliverables as we assist Unilever with its retail engagement,” Jetta said. “We are committed to assist Unilever in all matters related to advanced selling and retail support.”
L’Oreal USA to acquire Essie
NEW YORK L’Oreal USA has signed an agreement to acquire the Essie cosmetics business, a move that will bolster L’Oreal’s share in the nail color and care market.
Financial terms of the deal were not disclosed. The acquisition is expected to be completed within 60 to 90 days, and is subject to customary U.S. and international regulatory approvals.
Essie Weingarten founded the Astoria, N.Y.-based company in 1981 and still serves as the company’s president today. The company offers a growing line of nail colors, treatments, accessories, spa products and lip glosses. Essie’s net sales through the last 12 months were $28 million.
“This strategic acquisition will enable L’Oreal to increase our share in the nail color and care market, which has seen significant growth year over year,” stated Frederic Roze, president and CEO of L’Oreal USA.
Weingarten and Max Sortino, CEO of Essie, will continue to play a pivotal role under a multi-year agreement. “It’s a perfect match,” stated Weingarten. “This acquisition presents a tremendous opportunity to allow the Essie brand to grow even stronger. With Max and me as part of the team, we will be able to provide our customers with a greater level of service as we take the brand to new heights.”