BEAUTY CARE

Scunci to sponsor The American Ballet Theatre summer program

BY Antoinette Alexander

STAMFORD, Conn. Scunci, a Conair Corp. brand, is once again sponsoring The American Ballet Theatre?s Summer Intensive Program.

As part of the sponsorship, scunci will award a full scholarship to one of the 1,100 students accepted into the 2009 program. All of the students in attendance will receive a collection of scunci no-slip grip hair accessories from the “beautiful blends” line.

In addition to monetary support and sponsorship, scunci will be hosting a media reception at Lincoln Center in New York to celebrate the partnership with ABT.

The final performance of the Summer Intensive in New York will be held July 24 at noon and 4 p.m. at the Fiorello H. LaGuardia High School of Music & Art and Performing Arts in New York City.

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Whole Foods Markets to reformulate its exclusive personal care line

BY Antoinette Alexander

AUSTIN, Texas Whole Foods Market has announced that its exclusive 365 Everyday Value shampoo, conditioner, body lotion and shower gel will be reformulated to meet its Premium Body Care Standards.

The company’s Premium Body Care Standard launched in February 2008. The standard and seal of approval label is designed to help consumers decipher which body care products in Whole Foods Market’s Whole Body department contain the most natural and highest quality ingredients.

The reformulated 365 Everyday Value products will be available in the summer in the Whole Body departments, and will not contain any of the more than 300 ingredients banned on the Premium Body Care Standard list. The company stated that consumers will not see a price increase associated with the reformulation.

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Procter & Gamble’s Arnold to retire

BY Antoinette Alexander

CINCINNATI Procter & Gamble’s Susan Arnold, president of global business units, who has been an integral part of P&G’s leadership team and an architect of the company’s beauty strategy, is retiring after 29 years of service.

Arnold will retire effective Sept. 1, and will step down as president on March 9. She will continue to serve in a special assignment, reporting to chairman and CEO A.G. Lafley until Sept. 1. According to P&G, it has long been her intention to step down upon her 55th birthday, which she celebrated on March 8.

Effective immediately, the vice chairs of P&G global business units who have reported to Arnold will report to Lafley, reducing a layer of management as part of the company’s ongoing simplification effort.

“She’s led the transformation of P&G into one of the world’s leading beauty companies with vision, creativity, consumer understanding and game-changing innovation,” Lafley said. “Under Ms. Arnold?s leadership, P&G’s beauty business has nearly tripled in size from about $7 billion in 1999 to $20 billion today.”

When Arnold assumed the role of president 10 years ago, the beauty company had only one $1 billion beauty brand, Pantene. Today, there are eight such brands in the company’s beauty and grooming portfolio (Pantene, Olay, Head & Shoulders, Wella, Mach3, Gillette, Fusion and Braun) and eight more with sales between $500 million and $1 billion a year.

In addition to her business leadership, she has also been instrumental in the development of top talent throughout P&G and has served as both a role model and coach for women inside and outside of the P&G, Lafley noted.

“She has held positions at P&G that no other woman has held before; the first female leader of P&G’s global beauty business, the first female vice chair and the first woman to be company president,” Lafley said of Arnold. “She has also been a supporter of organizations outside P&G such as Catalyst that help expand opportunities for women in business. Ms. Arnold has been on Fortune’s 50 Most Powerful Women in Business list for the past seven years and Forbes’ World’s 100 Most Powerful Women list since 2004.”

Most recently, Arnold has played a key role in the company’s focus on sustainability.

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