Sales: $200 million (estimated).
Key Personnel: Irwin D. Simon, founder, president, CEO and chairman of the board; Pasquale Conte, executive vice president and CFO, John Carroll, executive vice president, global brands, categories and new business ventures; Denise M. Faltischek, EVP, general counsel, chief compliance officer and corporate secretary; Mary Celeste Anthes, SVP corporate relations; Raul Fajardo, SVP, technical services; Julie Marchant-Houle, general manager, personal care; Kevin Lasher, SVP sales; Ellen Delisle, senior rirector R&D; Sarah Galusha, senior marketing director, Alba Botanica/Avalon Organics; Nathalie Yin, senior marketing director, Jason/Queen Helene/international/private label; Roseann Fernandez, marketing director, Live Clean/new business.
Major Products: Personal care brands that include Alba Botanica, Avalon Organics, Jason, Queen Helene and Live Clean.
New Products: Avalon Organics—Eczema Relief Therapy line; Alba Botanica—Anti-Bug Spray, Hawaiian Marula Miracle Hair Care, Cool Sport SPF 50 clear spray sunscreen; Jason—Men’s Shave Oils, Queen Helene—Volcanic Ash Masque, Shea Butter Shea Butter Crème.
Comments: The launch pad has been busy at The Hain Celestial Group. In fact, the firm boasted that it had more than 75 new products to showcase at Natural Products Expo West, which was held in Anaheim in March. The products ranged from SKUs sold by food brands that fall under Hain’s umbrella (think Earth’s Best, Ella’s Kitchen, Terra and Rudi’s Organic Bakers) to new entries in personal care, like an SPF 50 sunscreen spray from Alba Botanica, eczema products from Avalon Organics, shave oils from Jasön and a masque made with volcanic ash from Queen Helene.
In addition, Hain has expanded the reach of Live Clean, its well-known Canadian eco-friendly beauty and baby care in the US market. Live Clean uses 97% plant-based formulations from renewable sources, cruelty-free and made without the use of “harsh chemicals such as parabens, sodium lauryl sulfate, phthalates, phosphates and dyes,” according to the company.
While it is clear that Hain has been hot when it comes to NPD, the firm appears to be having issues keeping up with the rigors of being a NASDAQ listed firm. It received what it called an “expected” letter dated May 16, 2017 from the NASDAQ Listing Qualifications Staff indicating that, based upon the company’s failure to timely file its quarterly report for the quarter ended March 31, 2017, Hain did not satisfy NASQAD Listing Rule about timely file periodic reports with U.S. Securities and Exchange Commission. The panel granted the company an extension through June 15, 2017, and Hain said it intended to continue to take all steps necessary to regain compliance with the rule.