Nair Spa Kit, Wax Strip Extensions Aimed To Counter Share Declines
This article was originally published in The Rose Sheet
Executive Summary
Nair depilatory line extensions en route to retailers include a Spa Kit, a higher-priced combination product to compete with recent premium-priced entries to the mass depilatory market, according to Church & Dwight
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Nair Retail Sales Rise 14% In Q2 On Line Extensions
Retail sales for Nair depilatories advanced 14% in the second quarter with the addition of new wax products, Church & Dwight reported Aug. 5
Nair Retail Sales Rise 14% In Q2 On Line Extensions
Retail sales for Nair depilatories advanced 14% in the second quarter with the addition of new wax products, Church & Dwight reported Aug. 5
Armkel update
Nair depilatory and Arrid antiperspirant manufacturing move to Church & Dwight's Lakewood, N.J. facility from Carter-Wallace's Cranbury, N.J. location will be completed by second quarter, C&D Chief Financial Officer and Director of Armkel Integration Zvi Eiref says. C&D acquired Nair from Carter-Wallace in a 50/50 joint venture with Kelso in May and purchased C-W antiperspirant business in a second transaction (1"The Rose Sheet" May 14, 2001, p. 9). Move will result in 600 job cuts and severance costs of $15 mil., firm adds during April 4 analyst call. Financials for the JV from Sept. 28, when the acquisition was completed, through Dec. 31 were in line with preliminary reports issued in February, with revenues of $95.4 mil., and a net loss of $15.6 mil. (2"The Rose Sheet" Feb. 18, 2002, p. 9)...