Sales: $2.0 billion
$2.0 billion for household and personal care products. Corporate sales: $12.8 billion. Net income: $364 million, for the year ended June 27, 2009
Brenda C. Barnes, chairman and chief executive officer; Vincent H.A.M. Janssen, executive vice president and chief executive officer, Sara Lee International household and beauty care
Body care—Badedas, Block & White, Brylcreem, Duschdas, Eskinol, Fissan (Germany), Fissan (Italy), Gabi, Glysolid, Jovan, Monsavon, Neutral (Denmark), Neutral (Netherlands), Prodent, Proderm, Radox, S3, Sanex, She, Status, Williams, Zendium (Den- mark), Zendium (Netherlands), Zwitsal. Air care—Ambi Pur, Endust, Ty-D-Bol. Detergents—Biotex. Insecticides—Bloom, Catch, Cruz+ Verde, Cucal, Good Knight, Hit, Jet, Polil, Pyrel, Ridsect and Vapona. Shoe care—Bama, Kiwi, Tana
Sanex NaturProtect range of deodorants
So long, Sara! Sara Lee may not be listed in The Top 50 for much longer. As reported last year, Sara Lee is in the process of selling its household and personal care business in order to concentrate on its food and beverage activities. Now the process is heating up.
Sara Lee CEO Recuperates from Stroke
After weeks of speculation about who was running the company, Sara Lee chairman Brenda Barnes released a statement regarding her health.
“I know there has been a lot of speculation on my condition, so I want to take the opportunity to provide some details,” Barnes said in a statement released on June 14. “I suffered a stroke a few weeks ago, and I am now in the process of recuperating.”
In May, Sara Lee said Barnes was taking a temporary medical leave but didn’t offer details, sparking anxiety and concern among employees and investors.
On June 15, Sara Lee agreed to sell its insecticides business to S.C. Johnson for $187.6 million.
The company continues to anticipate closing the sale of its global body care and European detergents businesses to Unilever by the end of the calendar year, and closing the sale of its air care business to The Procter & Gamble Company shortly after the end of the fiscal year in July.
“This divestiture is an important step in Sara Lee’s strategy to focus on its core food and beverage businesses,” explained a company spokesperson. “We continue to receive strong interest in the remainder of the business, which includes shoe care, non-Indian insecticides and certain non-European cleaning brands.”
Last year, sales of household and body care products slipped 11.6% to $2.0 billion. Meanwhile, corporate sales fell 2.5% to $12.8 billion. For the nine months ended March 31, 2010, corporate sales fell 2.4% to $8 billion. Sales of international household and personal care products rose 7.9% to $1.6 billion.