2015年3月3日 星期二

Rebranded PDC Eyes Growth

Parfums de Coeur has a new corporate identity. And James Stammer, chief executive officer of PDC, wants brands to know that it’s hungry for new additions to the portfolio. This past December, the mass-market beauty and personal care platform changed its name to PDC after 34 years because “Parfums” no longer made sense. “We had outgrown the first word because over the past couple of years we’ve built a portfolio of beauty and personal care brands across categories well beyond traditional fragrances,” said Stammer. “Right now we are actively marketing our brands as fine fragrance, specialty bath, adult bath care, first aid and even foot care. We thought the word “Parfums” was misleading at this point.” In 2012, PDC joined forces with Boston-based private equity firm Yellow Wood Partners. Since then, the company has acquired Calgon, The Healing Garden and most recently Dr. Teal’s, which is PDC’s fastest growing brand and has experienced double-digit growth since it appeared on Dr. Oz in October. “We are trying to buy companies or businesses that really help us broaden our footprint from a consumer perspective, channel perspective or even a geographic perspective with international markets,” said Stammer, who noted that he is actively looking at a number

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