Clorox going to be greener
The consumer products giant bought Burt's Bees, the beeswax manufacturer for $913 million .
Clorox plans to turn Burt's Bees into a mainstream American brand sold in big-box stores like Wal-Mart. Along the way, Clorox executives say, they plan to learn from unusual business practices at Burt's Bees — many centered on environmental sustainability. Clorox, the company promises, is going green.
From 2000 to 2007, Burt's Bees' annual revenue soared to $164 million from $23 million. Analysts say there is far more growth to be had by it and its competitors as consumers keep gravitating toward products that promise organic and environmental benefits.
Related news
Related news
SPAR presents its own brand offering with Roland Sallai
SPAR Hungary is launching a nationwide campaign with Roland Sallai,…
Read more >Eszter Vitályos visited the Szobi factory: the brand beloved by Hungarians is experiencing a new era of glory
The Szobi brand name and its related products may be…
Read more >We cracked the collagen code: here’s what works and what’s just empty promises!
Collagen has been quietly doing its job in our bodies…
Read more >