Pure Protein launches Soft Baked Bars nationwide
RONKONKOMA, N.Y. — Pure Protein, manufacturers of protein products, introduced Wednesday a new protein bar the company hailed as unlike any other protein bar, with the introduction of Soft Baked Bars. Each new bar delivers protein necessary for a lean, healthy and strong body, with 5 g of sugar, the company added.
Pure Protein introduced two flavors into the Soft Baked line: Double Chocolate Vanilla Crunch, which has layers of chocolate and vanilla, wrapped around a soft cake center, and Double Chocolate Peanut Butter Crunch, with layers of peanut butter and chocolate around a soft cake center.
Soft Baked Bars are the latest addition to the Pure Protein product line. Pure Protein is on a mission to deliver high-quality protein products that support lean muscle and strength, promote overall good health and help fuel the body as exercise regimens and today’s active lifestyles demand, the company stated. As with all Pure Protein products, spanning a wide variety of bars, shakes and powders, new Soft Baked Protein Bars take a lifestyle approach to optimal nutrition.
Pure Protein Soft Baked Protein Bars are available nationwide now at leading retailers including Walmart, Target, Publix, Safeway, Meijer, Giant, Stop & Shop, Shop Rite, Wegmans, Harris Teeter, Roundy’s, A&P, Market Basket, CVS Pharmacy, Duane Reade, 7-Eleven, GNC and Harmon.
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NPD Group: Skin care, makeup drove growth in U.S. prestige beauty during first half of 2013
PORT WASHINGTON, N.Y. — The global prestige beauty market experienced mixed results in the first half of 2013 but the U.S. prestige beauty market posted an 8% gain during the first six months of the year, according to the NPD Group.
The U.S. prestige beauty industry generated $5 billion in the first six months of the year, an increase of 8%, the NPD Group stated. In Europe, the United Kingdom gained 6%, generating £803 million in prestige beauty sales, while France, Italy, and Spain continued to face challenges in this industry.
“Our expectation for 2013 was that the global prestige beauty industry would look similar to 2012, and the results thus far are proving this to be true, as economic uncertainties continue to weigh heavily on the European markets,” stated Karen Grant, VP and senior global industry analyst for the NPD Group.
Skin care and makeup were the primary drivers behind U.S. growth in the first half of 2013, with $1.8 billion, and $2 billion in sales, respectively. Fragrance performance was positive as well (+4%), at $1.1 billion, but at a slower pace than seen in the first six months of 2012 (+8%). In all three categories, premium-priced products contributed to increases in sales so far this year.
Despite declines in many countries, fragrance continues to account for the largest share of prestige beauty sales in Europe (U.K: 43%, France: 62%, Italy: 40%, Spain: 51%). However, makeup was the star performer, with strong gains in the United Kingdom, and a slight uptick in Spain. In terms of market share, Italy is the most level playing field, with each category representing close to a third of sales in the first half of the year.
“The similarities in retail distribution, brand assortment and product mix in the United States and United Kingdom continue to help both markets capitalize on positive trends. Though the results for these countries, compared to those in the Euro zone, look like ‘the tale of two markets’, there is one common thread: investment spending continues. The markets in the Euro zone face greater challenges, but, with the exception of Spain, most markets are continuing to show increases in average selling price across all categories. This tells us that while consumers may be cutting back in spending, they are continuing to invest in value, even when that may be at higher prices,” Grant stated.
Former P&G exec Susan Arnold joins Carlyle Group as operating executive
NEW YORK — The Carlyle Group has hired former Procter & Gamble executive Susan Arnold as an operating executive in the Global Consumer & Retail group. Arnold begins her new role at the firm in September.
As an operating executive, Arnold will provide strategic guidance to Carlyle professionals throughout the investment process, from sourcing to acquisition to exit and advise portfolio company executives on management, operational, branding and growth strategies.
Arnold joined P&G in 1980 and retired in 2009. Prior to serving as president of P&G’s $50 billion Global Business Unit, she held various positions within the firm, including vice chairman of Global Beauty Care and Health, and president of Global Personal Beauty and Global Feminine Care. She currently serves on the board of directors of Disney and McDonalds.
“We are pleased to welcome Susan to the Carlyle team following a remarkable 29-year career at Procter & Gamble. Susan’s depth and scope of strategic and operational experience in the consumer space will help us to create value in our existing portfolio and to make new promising investments,” stated Sandra Horbach, Carlyle managing director and head of the Global Consumer & Retail group.
The Consumer & Retail group has led Carlyle’s acquisition of numerous companies, including: Dunkin’ Brands, philosophy, NBTY and CVC.