Pucker up for Blistex’s newest lip protection balm
OAK BROOK, Ill. Blistex last week launched its Five Star Lip Protection lip balm as an all-weather, all-season lip balm, keeping lips covered in all weather conditions.
The new lip balm contains an advanced formula that includes glycerin, an ingredient that retains moisture in dry air by pulling in up to 20% of its weight in water from the surrounding environment; candelilla, an ingredient that forms a barrier against moisture-robbing wind; wheat germ oil, which rehydrates heat-stressed lips; calendula oil to help soothe and heal cold-chapped lips that result from colds and the winter months; and four sunscreens that provide a broad spectrum SPF 30 UVA/UVB for year-round sun protection as recommended by the American Academy of Dermatology.
Suggested retail price falls between $1.59 and $2.49.
Elizabeth Arden to develop fragrance line for Taylor Swift
NEW YORK Elizabeth Arden has signed an exclusive global licensing deal with music star Taylor Swift to develop her own line of fragrance products.
The deal includes the development, marketing and distribution of fragrances and ancillary products. The first fragrance will debut in prestige retailers in North America during fall 2011. Swift will be involved in all aspects of product development, packaging and advertising.
"We are very enthusiastic about partnering with Taylor Swift,"stated Ronald Rolleston, EVP of Elizabeth Arden. "Her rise to superstardom has been meteoric, and her multiple awards and incredible record sales are a testament to her extraordinary talent. Equally important to us is what Taylor represents as an artist: a role model who inspires her global fan base every day. We look forward to launching a new fragrance brand that reflects every facet of this extremely talented young artist."
Alberto Culver announces double-digit gains in Q4 sales
MELROSE PARK, Ill. Alberto Culver, which in September entered into an agreement to be acquired by Unilever, announced on Monday double-digit gains in its fourth-quarter sales, as net income rose to $41.3 million.
Net sales for the quarter ended Sept. 30 rose 12.1% to $431.9 million. On an organic basis, sales rose 4.9% during the quarter. Net income totaled $41.3 million, or 41 cents per share, compared with $31.7 million, or 32 cents per share, in the year-ago period.
In the United States, sales rose 3.5% during the quarter due to growth in TRESemme and Nexxus hair care brands, according to the company. International sales rose 26.7%, with Latin America and Canada being particularly strong.
As previously reported by Drug Store News, the company has entered an agreement to be acquired by Unilever, which will acquire all of the outstanding shares of Alberto Culver for $37.50 per share in cash, valuing the company at roughly $3.7 billion. The transaction is structured as a merger and is subject to approval by owners holding a majority of Alberto Culver’s outstanding common stock, regulatory approvals and other customary closing conditions.