DEL LABS 1993 SALES CLIMB 15.8% TO $166.5 MIL.
This article was originally published in The Rose Sheet
Executive Summary
DEL LABS 1993 SALES CLIMB 15.8% TO $166.5 MIL., the Farmingdale, NY-based firm said in a Feb. 15 statement of sales and earnings. Sales rose steadily through the year, posting double-digit increases each quarter. Fourth quarter sales reached $41.2 mil., up 17.8%. Del commented that all of the brands in its cosmetics and pharmaceutical segments reported volume gains in 1993. The company highlighted the Sally Hansen nail care products and Orajel topical oral analgesic brands.
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Marketing In Brief
ModiFace launches forecasting tool: Toronto-based virtual makeover firm introduces ShadeCast, a makeup sampling and forecasting tool based on behavioral tracking. ShadeCast is used in conjunction with iPhone application MakeUp, which allows consumers to virtually try on makeup in hundreds of shades from brands including Revlon, Cover Girl, Lancome and Clinique. ShadeCast offers 1,000 cosmetic shades from 40 brands and assigns a ShadeScore "to approximately position the [app's] hottest and most sampled color." ModiFace exec Nikkie Gatto likens the app to radio music playlists, helping consumers "looking to capture the current look, but also provide vital market intelligence to our retail channel partners," she says in Nov. 3 release. "The value of data to demonstrate the aggregate behavior will help the industry predict the latest trends and help cosmetic manufacturers better understand the color and products which most resonate with online and iPhone virtual makeover users," the company says