Drugstore.com S&E
This article was originally published in The Rose Sheet
Executive Summary
September relaunch of beauty.com Web site has increased traffic to the site by 40%, fueling the firm's beauty sales growth by 45% in 2007, firm reports during Feb. 6 analyst meeting. "Additionally, we are seeing positive results from the launch of our personalized skin care diagnostic as skin-care sales were up 65%, and from our hair care consultation tool where hair care was the highest growth category, up 78%," President and CEO Dawn G. Lepore says. Performance of the business also was boosted by the addition of prestige brands Stila and Lancaster, which were among 50 prestige brands added to the Web site in 2007, exec notes. In 2008, drugstore.com believes it can grow the beauty business by more than 50% year-over-year. Drugstore.com's net sales for the full year grew 7.2% to 445.7 mil., though firm experienced a loss during the quarter of $9 mil., an improvement over $13 mil. loss last year...
You may also be interested in...
Small Sterilization Companies Poised To Meet EtO Emissions Goals On Time
Small sterilizers told Medtech Insight that they were ready for the EPA’s controversial EtO emissions rule, while community advocates expressed concerns.
Day One Springs Into Commercial Action With Ojemda Approval
The company is targeting around 200 centers that treat the vast majority of the few thousand pediatric low-grade glioma patients who are candidates for the RAF-targeting drug.
At-Home Health Testing Demand Is High Post-Pandemic, But So Are Barriers To Development And Use
At the recent Precision Med-Tri Con conference, laboratory experts traded views on the expansion of at-home testing for disease diagnosis and personalized health insights. While strong consumer demand spells opportunity, there are significant concerns about the accuracy and reliability of home-testing platforms, misuse, accessibility, and lack of health literacy.