Breaking News

CCA Industries, Inc. Reports 6% Decline

November 30, -0001

CCA Industries, Inc. announced revenues for the fiscal year ended Nov. 30, 2008 dropped 6% to $57.4 million. Revenues for the fourth quarter dropped 19% to $12 million due to the declining economy, according to the personal care product marketer.

“In addition to the additional costs to operate in this economy, we increased our overall advertising expenses…we believe that a recession requires aggressive marketing. We decided that it was necessary to spend the additional advertising expenses in the fourth quarter to maintain consumer recognition for some of our brands,” said David Edell, chief executive officer of CCA Industries.

“Our company is prepared for the economic challenge facing our country in 2009. We have already begun to streamline our operating costs for fiscal 2009 and to continue with productive advertising to support our products whose price points are attractive to today’s price conscious consumer. Fortunately, our company has the capital necessary to meet our working capital requirements without the need of any outside financing. We therefore are confident that we will generate positive and profitable results by the end of our 2009 fiscal year,” he said.
  • Skin of Color Society Connects Experts

    Skin of Color Society Connects Experts

    Melissa Meisel, Associate Editor||January 16, 2017
    Dermatologists from across the nation share information and ideas.

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • Hitting the Right Notes

    Hitting the Right Notes

    January 6, 2017
    Agilex Fragrances is the leader in the middle market fragrance category.

  • The Smell of Clean in 2017

    The Smell of Clean in 2017

    January 6, 2017
    Changing consumer lifestyles and demographics are impacting the scents found in the household cleaning category.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017