BEAUTY CARE

Shoppers Drug Mart’s Domenic Pilla joins Domtar board

BY Antoinette Alexander

MONTREAL — Domtar Corp. — which designs, manufactures, markets and distributes fiber-based products including communication papers, specialty and packaging papers and absorbent hygiene products — has elected Shoppers Drug Mart’s Domenic Pilla to its board.

Pilla currently serves as president of Canada’s Shoppers Drug Mart. Shoppers Drug Mart is an independent operating division of Loblaw Cos.

"Domenic's extensive leadership experience in the retail and institutional health care markets will play an integral role in advancing our company's strategic growth in the personal care segment," said John D. Williams, Domtar's president and CEO.

 

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BEAUTY CARE

Revlon sees lift in Q3

BY Antoinette Alexander

NEW YORK — Revlon announced on Wednesday a boost in third-quarter net income and sales.

For the quarter ended Sept. 30, net income totaled $14.6 million, or 28 cents per diluted share, compared with $9.5 million, or 18 cents per share, in the year-ago period.

Total company net sales increased to $472.3 million from $333.1 million in the year-ago period.

In the consumer segment, net sales decreased 0.9% to $348.2 million compared with pro forma net sales of $351.3 million in the third quarter of 2013. Excluding the impact of foreign currency fluctuations, net sales increased 2%, primarily driven by $8.8 million of favorable returns reserve adjustments in the United States as a result of lower expected discontinued products in the future related to the company's strategy to focus on fewer, bigger and better innovations, partially offset by increased returns expense for current year returns, the company stated.

The third quarter of 2014 also had lower net sales of Almay color cosmetics and SinfulColors color cosmetics, partially offset by higher net sales of Mitchum products, the company noted.

Consumer segment profit in the third quarter of 2014 was $78.1 million, as compared with pro forma consumer segment profit of $80.4 million in the third quarter of 2013. Excluding the impact of foreign currency fluctuations, consumer segment profit during the third quarter increased 1.6%.

In the United States, net sales were $243.8 million, compared with $234.8 million of pro forma U.S. net sales in the third quarter of 2013, an increase of 3.8%.

The beauty company provided pro forma results because of the acquisition of The Colomer Group in October 2013.

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Menasha Packaging wins 12 Design of the Times Awards at 2014 Shopper Marketing Expo

BY Michael Johnsen

NEENAH, Wis. — Menasha Packaging won 12 Design of the Times Awards at the 2014 Shopper Marketing Expo in Minneapolis, Minn., the company announced Monday. The DOT Awards celebrate the most inspiring and creative in-store activation tactics and campaigns.
 
Menasha received six silver and six bronze awards in four-of-eight retail channels, including: Consumer Electronics, Convenience, and Drug and Specialty. The promotional solutions leader had 12 out of the 104 total finalists competing in the final judging.
 
“At Menasha, we go beyond our customers’ expectations by uncovering opportunities to take their in-store solutions to uncharted territories in design, shopper engagement and in-store effectiveness,” said Dennis Bonn, VP marketing for Menasha Packaging. “Being recognized with 12 DOT Awards shows our customers that we are committed to developing solutions that standout at retail.”
 
Leading consumer product marketers and retail executives judge the entries using the “4C's of Effective In-Store Activation” criteria and how well the entry Commands attention, Connects with the shopper, Conveys information and Closes the sale. DOT recognition is awarded at four levels: bronze, silver, gold and platinum. One of the platinum winners is then chosen as the year’s recipient of the prestigious “Best of the Times” award.
 
All DOT Award winners were announced on Oct. 22 at the Design of the Times Reception and Ceremony during the 2014 Shopper Marketing Expo.
 
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