Colgate Q1, PEZ Toothbrush, Hemp Oil Direct Seller: Health And Wellness Industry News
This article was originally published in The Rose Sheet
Colgate's North American sales grow 9% on the addition of acquired professional skin care brands PCA Skin and EltaMD; Brush Buddies PEZ Poppin’ toothbrush collection features the look of a PEZ dispenser; Xyience energy drink brand has re-launched with a can re-design; and more news in brief.
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Colgate will increase product prices in 2018 due to volume growth and higher commodity costs, CEO Ian Cook says at an investor conference. He also touches upon company’s SKU-reduction effort rolling out in tandem with expanding distribution of profitable items.
The oral-care leader picks up two of the fastest-growing names in professional skin care with separate deals expected to close in the first quarter of 2018, according to a Dec. 18 announcement.
Skin whitening products get under FDA’s skin; links to studies imply drug claims; Healthy Vending adds 135 locations OTC; and more news in brief.