St. Ives $8.4 mil. new product sales help offset lower Swiss Formula U.S. unit volume in 1994.
This article was originally published in The Rose Sheet
Executive Summary
ST. IVES SWISS FORMULA NEW PRODUCTS GENERATE $8.4 MIL. in sales in 1994, helping to offset "lower unit sales within many of the company's existing product lines" in the U.S., the Chatsworth, CA-based company said in its recently released annual report. During the year, St. Ives introduced four new Swiss Formula skin treatments -- Cucumber & Elastin Stress Gel, Raspberry Pearl Night Recovery Treatment Cream, Medicated Apricot Scrub and Peaches & Cream Facial Beauty Lotion -- and entered the AHA arena with Swiss Formula Alpha-Hydroxy Moisturizing Facial Renewal Lotion.