P&G announces retirement of global customer business development officer
CINCINNATI Procter & Gamble announced on Thursday that Mariano Martin, global customer business development officer, will retire from the company after 33 years of service.
Martin’s retirement will be effective June 30, but he will step down from his current role on Feb. 1 to work closely with his successor to ensure a smooth transition.
Succeeding Martin is Robert Fregolle Jr., current VP customer business development for P&G Asia, effective Feb. 1. In his new role as global customer business development officer, Fregolle will report to Werner Geissler, vice chairman of global operations.
“Mariano’s vision and leadership has enabled P&G to become a strong partner and preferred supplier to retail customers around the world,” stated P&G chairman and CEO A.G. Lafley. “He’s worked closely with leading retailers to create joint value and establish new ways of working together. He’s delivered P&G brands to more of the world’s consumers by expanding distribution to new retail channels and millions of high-frequency stores. And he’s strengthened the capabilities of our Global Customer Business Development organization.”
Almay launches pure blends line of cosmetics for eyes, lips, face
NEW YORK Almay is rolling out for 2009 its Almay pure blends line of color cosmetics.
The hypoallergenic formulas are made from 95.8% to 98.2% natural ingredients including an exclusive complex of fruit and flower extracts. The products are free of talc and added parabens. In addition, the packaging is made from 44% recycled materials on average.
The collection, available at retail in January, includes foundation, loose finishing powder, blush/bronzer, eye shadow and lipgloss.
High-end retailers set to launch beauty giveaways to begin Jan. 20
NEW YORK Beginning next week, several high-end retailers will give away $175 million worth of free cosmetic products as part of a class action settlement.
Department stores such as Macy’s, Neiman Marcus, Saks Fifth Avenue and Nordstrom will give away beginning Jan. 20 free cosmetic products to shoppers who bought certain cosmetics between May 29, 1994 and July 16, 2003. No rainchecks will be issued and the give away will last for a maximum of seven days while supplies last.
Shoppers will be permitted to receive one product made from such cosmetic companies as Chanel, Estee Lauder Companies and L’Oreal USA.
The offer is part of an agreement to settle a suit filed in 2003. The suit alleges stores tried to limit sales and cut back on the amount of cosmetics in their inventory in an effort to keep prices and competition high.