In Brief: Church & Dwight
This article was originally published in The Rose Sheet
Executive Summary
Church & Dwight: Appoints Robert Davies to president and CEO effective Oct. 1, the company announces Sept. 28. Davies, who currently serves as president of the firm's Arm & Hammer division, is succeeding Dwight Minton. Minton, who will remain company chairman, characterized the management shift as a "determined effort" to "restore" Church & Dwight's performance. For the first half of 1995, Church & Dwight net earnings fell 23% to $6.79 mil. on sales of $246.9 mil. (up 2%). In July, the firm layed off 51 employees as part of a cost reduction program ("The Rose Sheet" July 31, In Brief). Davies also will continue to head the firm's Arm & Hammer division...
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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