BEAUTY CARE

White peach scent added to Dial’s NutriSkin lineup

BY Antoinette Alexander

NEW YORK — Henkel’s Dial brand has launched for 2011 the new Dial NutriSkin white peach and shea butter body wash with seven bionutrients.

The formula has a white peach fragrance and is infused with such ingredients as vitamin C and E (antioxidant ingredients), omega-3 and 6 (moisture balance), amino acids (builds moisture), electrolyte minerals and mineral water.

The new Dial NutriSkin white peach and shea butter body wash with seven bionutrients has a suggested retail price of $3.99 for a 16-oz. bottle and $4.99 for a 21-oz. bottle.

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Colgate-Palmolive sales decline, new products slated to launch this year

BY Antoinette Alexander

NEW YORK — Colgate-Palmolive, which posted a dip in North American sales during the fourth quarter, experienced share gains in oral care and has outlined new product launches planned for 2011.

North American sales declined 2% during the fourth quarter as unit volume increased 1.5% with 4% lower pricing and 0.5% positive foreign exchange. Organic sales slipped 2.5%. North America operating profit decreased 8% during the quarter, driven by increased promotional investments and higher material costs, partially offset by cost-savings initiatives.

The company stated that its share of the manual toothbrush market is at 33.4% year to date, up 1.3 share points versus a year ago, including Colgate Wisp mini-brush whose market share is at 4.9% year to date. Colgate 360, ActiFlex, Colgate Max White and Colgate Extra Clean manual toothbrushes contributed to the share gains.

For 2011, new introductions slated to hit store shelves during the first quarter include Colgate Total Gum Defense, Colgate MaxClean SmartFoam toothpastes, Colgate 360 Surround and Colgate Triple Action manual toothbrushes.

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Coty adds two partners to board of directors

BY Antoinette Alexander

NEW YORK — Private equity firms Berkshire Partners and Rhone have made minority equity investments in Coty, with each of the investors being represented on the company’s board of directors.

Terms of the transactions were not disclosed.

"This mutually beneficial agreement allows Coty to continue its accelerated growth path organically and externally around the globe," stated Bernd Beetz, Coty CEO. "By bringing these partners on board, Coty will be in a stronger position to prepare for future and larger acquisitions, while maintaining the culture that makes Coty such a unique place in the beauty industry."

As previously reported, Coty announced several strategic acquisitions in late 2010, including OPI, a provider of nail care products; Philosophy, a skin care and cosmetics company; TJoy, a Chinese skin care company; and Dr. Scheller Cosmetics AG, a manufacturer of German makeup and skin care brands.

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