THIS WEEK: Chains squeeze vitamin prices
08 Dec 1995 | by AMANDA RICHARDS
Supermarket chains, Tesco, Sainsbury and Asda, are increasing pressure on branded-vitamin suppliers to lower prices by slashing the cost of their private-label ranges.
Young and Rubicam has scooped Colgate-Palmolive s entire dollars 550 million worldwide account in an international realignment which deprives Foote Cone and Belding of an estimated dollars 200 million in billings.
Supermarket chains, Tesco, Sainsbury and Asda, are increasing pressure on branded-vitamin suppliers to lower prices by slashing the cost of their private-label ranges.
More than 50 international brands have signed up with the HelpAd charity advertising scheme, which organisers say could make pounds 5m for the International Red Cross within six months.
Boots is to revive its own glossy customer magazine just months after its launch flopped.
Colgate-Palmolive has become the first packaged-goods giant to put all worldwide advertising into one agency.
In the past 13 years the Seven Seas range has enjoyed phenomenal growth. However, Lord Hanson s decision to sell off the brand may indicate a wider malaise within the vitamins and minerals market. Amanda Richards reports.
Gordon s, Britain s leading brand of gin, is up for grabs following a decision by United Distillers UK to put the PR account out to pitch.
Fast food giant McDonald s is on the verge of appointing a lobbying firm to provide political monitoring and analysis.