P&G to stop selling U.S. Max Factor brand
HUNT VALLEY, Md. Procter & Gamble has announced that it will stop selling its Max Factor cosmetics brand in the United States in first quarter 2010.
In the United States, Max Factor represents a small portion of the P&G cosmetics business, the manufacturer stated, and is sold in select retailers. However, Max Factor is the leading cosmetics brand in more than 20 countries, and the No. 2 cosmetics brand in such key markets as the United Kingdom and Russia.
“Max Factor is a strong, profitable brand and remains one of P&G Beauty & Grooming’s key engines for growth, however, we are choosing to discontinue the U.S. Max Factor brand which has different products, packaging and distribution channels than the Max Factor brand marketed around the world,” stated Virginia Drosos, president of Global Female Beauty at P&G. “P&G is fully committed to profitable growth and leadership in cosmetics, both in the United States and globally. This is the right decision to further strengthen our cosmetics business because it allows us to focus our U.S. resources on continuing to growth the No. 1 brand in the region, CoverGirl.”
Scandle launches affiliate program for retailers
DALLAS Scandle, a maker of massage candles and spa products, has launched an affiliate that enables retailers to make money selling Scandle products utilizing their existing online traffic.
Under The Scandle Affiliate Program, members can sign up and obtain a unique URL for the affiliate program at http://abodycandle.com/affiliate.php. Once their URL is embedded on their site and a visitor clicks through to purchase products at Scandle’s Web site, Scandle will automatically track the sale and provide affiliate member with 10% commission on that sale. Commissions will be paid on a monthly basis. Members can track their account balances and statistics at any time through an online account management portal.
“We developed The Scandle Affiliate Program to help retailers weather the current economic climate,” stated Christine White-Stanton, owner and founder of Scandle. “Our affiliate program helps online retailers make money selling our amazing product line without having to invest in inventory or additional staff to deal with shipping or customer service issues. Now retailers, both big and small, can share in Scandle revenues through referrals generated from their existing online traffic creating a win-win situation for us and the retailer.”
The candles are made from 100% vegan and natural ingredients, including soy butter, shea butter, jojoba, vitamin E and essential oils.
They burn at 2 degrees above body temperature to produce a soothing and healthy body oil that can be used to enhance the health of the skin, while simultaneously providing fragrance and ambience to any setting.
Physicians Formula receives NASDAQ deficiency letter
AZUSA, Calif. Physicians Formula has received a NASDAQ deficiency letter regarding NASDAQ’s independent director requirement for continued listing.
As previously announced, Jeff Berry was appointed interim CFO, effective May 29. In conjunction with assuming that role, Berry resigned from the company’s board of directors and from all of the committees of the board on which he served because, as an executive officer of the company, he is no longer an independent director.
The beauty company has until Nov. 25 to regain compliance with NASDAQ’s independent director and audit committee requirements. The company stated that it is currently evaluating candidates and intends to fill the vacancy on the board and the audit committee before the deadline.