• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Hairstyling Products Grow with Volumizers, Bond Builders & Textured Hair Formulas

    Ashland, Shin-Etsu Highlight Cosmetic Innovations at SCC76

    Formulating Simple, High-Performance Hair Care Products

    The Professional and Spa Skincare Market

    Beauty Tech: Immersion & Inclusivity
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    Glow Balms and Slugging are Top Skincare Trends: Spate

    Curl Care Sales Jump as Consumers Transition to Natural Hairstyles

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    ELF Cosmetics To Air Commercial During Super Bowl

    Next of Us Launches Pair of Hair Care Products
    Blog
    Online Exclusives
    Glossary
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    8. LVMH

    SC Johnson

    12. Diversey

    6. Reckitt Benckiser

    Puig
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    Gojo Patents Hand Sanitizer with Probiotics/Prebiotics

    Preservative-Free Eye Drops Linked to Bacterial Infection and Death

    An Exciting 2023 Ahead for the New York Chapter of the Society of Cosmetic Chemists!

    Sharon Personal Care Expands Green Product Portfolio and Formulation Capabilities
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    Glow Balms and Slugging are Top Skincare Trends: Spate

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    Next of Us Launches Pair of Hair Care Products

    Ivy Beauty Donates $30,000 to the NAACP in Honor of Black History Month

    Grant Industries Names Mehran Ghadim Sales Manager, Canada
    Lab Equipment
    Mixing
    Packaging
    Testing

    Five Leading Sustainable Brands: Cosmetify

    EU Restriction Proposal on Microplastics Made Easy

    INFORM Consumers Act Applauded by Personal Care Products Council

    CJ Biomaterials Creates a Cosmetic Container Made with Bio-Sourced Material

    The HCPA Recognizes Individuals and Companies During Annual Meeting
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New CMPL Directory Company
    Add New Buyers Guide Company
    Corporate Profiles
    International Buyers Guide Companies
    Lubrizol Life Science

    Vantage Personal Care™

    BARALAN

    Centerchem LLC

    Acme-Hardesty
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Glossary
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Podcasts
    • Videos
    • Infographics
    • eBook
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Top Companies Report

    2. Colgate-Palmolive

    ...

    07.09.10
    New York, NY
    212.310.2000
    www.colgate.com
    Sales: $13.1 billion


    Sales:
    $13.1 billion for oral, personal and home care products. Net sales: $15.3 billion. Net income: $2.2 billion
    Fast Fact:
    Last month, Colgate teamed up with the Hispanic Dental Association (HDA) to celebrate the launch of Colgate’s Oral Health Month. Minority populations bear a disproportionate burden of oral disease in the U.S., according to a recent report by the U.S. Surgeon General.


    Key Personnel:
    Ian M. Cook, chairman, president and chief executive officer; Michael J. Tangney, vice chairman; Stephen C. Patrick, chief financial officer; Fabian Garcia, chief operating officer, Europe, global marketing, customer development, supply chain and technology; Franck J. Moison, chief operating officer, emerging markets; Stephen C. Patrick, chief financial officer; Andrew D. Hendry, senior vice president, general counsel and secretary

    Major Products:
    Oral care—Colgate, Elmex, Kolynos, Meridol, Sorriso, Tom’s of Maine and Ultra Brite toothpastes; Colgate, Elmex and Meridol toothbrushes; Colgate Total and Tom’s of Maine dental floss. Personal care—Irish Spring, Palmolive, Protex, Softsoap and Tom’s of Maine body wash and shower gel; Palmolive shampoos and conditioners; Afta and Skin Bracer; and Colgate, Palmolive and Tom’s of Maine shave cream. Home care—Ajax, Axion and Palmolive dishwashing; Ajax, Fabuloso, La Croix and Murphy Oil Soap cleaners and cleansers; Fabric care—Cold Power, Dynamo, Softlan, Soupline and Suavitel

    New Products:
    Speed Stick Stain Guard, Irish Spring Intensify, Colgate Wisp, Softsoap Nutri Serums and Softsoap Body Butter Mega Moisture body washes, Softsoap Crisp Cucumber and Melon and Softsoap Cherry Blossom liquid hand soaps, Ajax Lime with Bleach Alternative dish liquid

    Comments:
    Corporate sales were flat on volume growth of 0.5%. Similarly, net sales in the oral, personal and home care segment were flat, although volume was up 2%.

    Despite the flat results, Colgate’s market shares “are healthy and growing around the world,” chairman Ian Cook told shareholders at the annual meeting in May. For example, last year Colgate’s global toothpaste share reached 44.2%, compared to 31.0% in 1994.

    Cook credited the company’s exceptional return to investors on four key strategies:
    • Focus on the consumer, the dental professional and the retailer;
    • Effectiveness and efficiency in everything;
    • Innovation everywhere; and
    • Leadership.

    According to Cook, while consumer insight is always important, during the recession it took on even greater urgency. As a result, Colgate employees stepped up efforts to understand the consumer by going on shopping trips with them and even living with them.

    “This new approach is especially important in emerging markets, where we’re living with consumers in India to see how they clean their homes and their oral hygiene habits, and find out who the community leaders are,” he told shareholders.

    At the same time, Colgate is increasing the number of endorsements it receives from dental professionals. Endorsements rose 43% last year, according to Cook.

    In areas of effectiveness and efficiency, Colgate posted $400 million in procurement savings and recently completed construction of a toothbrush plant in Vietnam.

    A new innovative approach for Colgate is using virtual reality to learn new ways to engage and sway the consumer. According to Cook, while traditional media will always have an important rolein Colgate’s marketing plans, there is plenty of room for online media. Just such a campaign provided a big boost to sales of Colgate Wisp, the company’s portable oral care system. In fact, Wisp now holds a 6% share of the U.S. manual toothbrush market.

    Along the way, Colgate hasn’t neglected its own employees. It offers 150 classroom courses and 120 e-learning courses. Recently, Colgate’s interactive online training program instructed 600 executives in 55 countries in a single day, according to Cook.

    Colgate Sales: Holding their Own
    Taking a closer look at 2009 sales by region, Colgate’s net sales in North America increased 3.5% to more than $2.9 billion due to a 4% gain in volume that was partially offset by a 0.5% negative impact of foreign exchange. Organic sales in North America grew 4% in 2009. Products contributing to growth in oral care included Colgate Total Enamel Strength, Colgate Sensitive Enamel Protect and Colgate Max White with Mini Bright Strips toothpastes, Colgate 360° ActiFlex, Colgate Max Fresh and Colgate Max White manual toothbrushes and the Colgate Wisp mini-brush. Products contributing to growth in other categories included Softsoap Nutri Serums, Softsoap Body Butter Coconut Scrub, Irish Spring Hair and Body and Cool Relief body washes, and Palmolive Pure + Caring and Ajax Lime with Bleach Alternative dish liquids.

    Net sales in Latin America increased 5.5% in 2009 to $4.3 billion on a 3% volume gain and net selling price increases of 13.5%, partially offset by an 11% negative impact of foreign exchange. Organic sales
    What’s Driving Colgate’s Sales in the UK?
    CEOs are known for many things, but humor and humility often aren’t the first traits that come to mind. While his predecessor Reuben Mark often had shareholders cheering for him at annual meetings, Colgate chairman Ian Cook proved he can get a laugh or two as well.

    Noting the UK success of Colgate Sensitive Pro-Relief, the toothpaste which was launched in January and quickly grabbed a 2.5% market share in a few short months, Cook wryly observed, “Our UK market share has gone up every year since I left!”

    Cook joined Colgate in the UK in 1976 and progressed though a series of senior marketing and management roles around the world.
    in Latin America grew 16.5% in 2009. Volume gains were led by Brazil, Venezuela, Colombia and Mexico. Products contributing to growth in oral care included Colgate Total Professional Sensitive, Colgate Total Professional Whitening and Colgate Triple Action toothpastes, Colgate 360° ActiFlex, Colgate 360° Deep Clean and Colgate Max White manual toothbrushes and Colgate Plax Complete Care and Colgate Plax Sensitive mouthwashes. Products contributing to growth in other categories included Protex Aloe bar soap, Axion Professional dish liquid, Lady Speed Stick Depil Control and Speed Stick Waterproof deodorants, and Suavitel GoodBye Ironing and Suavitel Magic Moments fabric conditioners.

    Net sales in Europe/South Pacific fell 8.5% to $3.2 billion as net selling price increases of 0.5% were more than offset by 0.5% in volume declines and an 8.5% negative impact of foreign exchange. The 2008 divestment of a non-core brand in Germany impacted sales growth for 2009 by 0.5% versus 2008. Excluding the impact of this divestment, net sales decreased 8% in 2009 and volume was level with 2008. Organic sales in Europe/South Pacific grew 0.5% in 2009. Volume gains in the UK, Greece, Denmark and Australia were more than offset by volume declines in Spain, Germany, Slovenia and Ireland. Products contributing to growth in oral care included Colgate Sensitive Pro-Relief, Colgate Total Advanced Clean and Colgate Max Fresh with Mouthwash Beads toothpastes, Colgate 360° ActiFlex and Colgate Max White manual toothbrushes and Colgate Plax Alcohol Free and Colgate Plax Ice mouth rinses. Products contributing to growth in other categories included Palmolive Aromatherapy Morning Tonic shower gel, Ajax Professional bucket dilutable and Ajax Professional glass cleaners, Lady Speed Stick Clinical Protection and Lady Speed Stick Depil Protect deodorants and Soupline Magic Moments and Soupline Aroma Tranquility fabric conditioners.

    Net sales in Greater Asia/Africa were flat at $2.6 billion, as volume growth of 2% and net selling prices of 6% were offset by an 8% negative impact of foreign exchange. Organic sales in Greater Asia/Africa grew 8% in 2009. Volume gains were led by India, the Greater China region, Turkey and Thailand, the company said. Products driving oral care growth included Colgate Sensitive Pro-Relief, Colgate Total Professional Clean and Colgate 360° Whole Mouth Clean toothpastes, Colgate 360° ActiFlex and Colgate Max White manual toothbrushes and Colgate Plax Ice and Colgate Plax Complete Care mouthwashes. Products contributing to growth in other categories included Palm-olive Spa Banya shower liquid and bar soap and Lady Speed Stick Depil Control deodorant.

    But what a difference a quarter makes! For the first quarter of 2010, Colgate’s worldwide sales rose 9.5% to nearly $3.9 billion and unit volume increased 6%. North American sales grew 3% in the first quarter. Unit volume increased 5%. Latin American sales grew 10.5% and unit volume increased 8%. Volume gains were achieved in nearly every country, led by significant increases in Brazil, Colombia and Mexico, according to the company. Europe/South Pacific sales increased 14.5% and unit volume increased 7% led by France, Italy, Spain, Denmark, the UK, Poland and the GABA business, which Colgate acquired in 2003. Greater Asia/Africa sales and unit volume increased 14.5% and 9%, respectively. Volume gains in India, the Greater China region, Thailand, Philippines and Malaysia more than offset a volume decline in South Africa.
    Related Searches
    • gel
    • world
    • body
    • liquid
      Loading, Please Wait..
      Trending
      • Preservative-Free Eye Drops Linked To Bacterial Infection And Death
      • 2023 Best New Product Awards In Beauty, Personal Care, Household Cleaning And More
      • Curl Care Sales Jump As Consumers Transition To Natural Hairstyles
      • Elf Cosmetics Launches New O Face Satin Lipstick
      • Anastasia Beverly Hills Celebrates 25th Anniversary
      Breaking News
      • Glow Balms and Slugging are Top Skincare Trends: Spate
      • Curl Care Sales Jump as Consumers Transition to Natural Hairstyles
      • Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care
      • ELF Cosmetics To Air Commercial During Super Bowl
      • Dermatitis Journal Article Looks at Lanolin as An Allergen
      View Breaking News >
      CURRENT ISSUE

      February 2023

      • EU Restriction Proposal on Microplastics Made Easy
      • Hairstyling Products Grow with Volumizers, Bond Builders & Textured Hair Formulas
      • Effective Ingredients for Your Skincare and Haircare Products
      • Formulating Simple, High-Performance Hair Care Products
      • The Professional and Spa Skincare Market
      • Beauty Tech: Immersion & Inclusivity
      • View More >

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      GOED Elects New Board Officers for 2023
      Aspire Hires Darrec Jones as VP of Business Development
      Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women
      Coatings World

      Latest Breaking News From Coatings World

      PPG Completes COLORFUL COMMUNITIES Project in Denmark
      10 Partners of the Automotive Industry Form JV, Cofinity-X
      BASF Recognized as Top Company for Supplier Diversity
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      MPO's Most-Read Stories This Week—Feb. 4
      MO SCI Acquires Assets of 3M’s Advanced Materials Business
      Neurent Medical’s NEUROMARK System Becomes Commercially Available in U.S. Markets
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Lilly 4Q Revenues Down 9% to $7.3B
      Bionova Expansion Project to Quadruple GMP Biologics Manufacturing Capacity
      Steriline Provides Fill-Finish Solution for Berkshire Sterile Manufacturing
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Pacifica Introduces Glow Baby Skincare Line
      Kohl’s Names Tom Kingsbury as Chief Executive Officer
      Mielle Unveils Haircare Bundles Inspired by Amazon Original Series Harlem
      Happi

      Latest Breaking News From Happi

      Glow Balms and Slugging are Top Skincare Trends: Spate
      Curl Care Sales Jump as Consumers Transition to Natural Hairstyles
      Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: Pigments, Inkjet Ink Market Reports Top This Week’s Stories
      Roland DGA Announces Key Changes to Leadership Team
      Ball Reports 2022 Results
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Brandywine names new president, Brook + Whittle grows and more
      MM Packaging adds first Nilpeter press for Dublin site
      Polytag develops new UV tag reading technology
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Weekly Recap: K-C Requests Huggies-Related Lawsuit to be Thrown Out, WPT Makes Investment & More
      What You’re Reading on Nonwovens-Industry.com
      Kimberly-Clark Supports Period Poverty Initiative in Australia
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      ODT's Most-Read Stories This Week—Feb. 4
      Toetal Solutions Secures $1.8 Million in New Financing
      Adrian Tyndall Joins Axogen's Board of Directors
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: CES 2023, ams OSRAM and Celanese Top This Week’s Stories
      Zebra Provides East West Shrine Bowl with RFID Tracking Technology
      AAAS Elects Three ORNL Scientists as Fellows

      Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login