Posts Tagged ‘consumer products’

Toys and other discretionary products not moving

July 20, 2009

“Consumer discretionary companies knew they were in for a tough recession. As job losses mount, spending on the fun and frivolous is naturally the first to go. But recent corporate results show especially big drops in sales at outfits that cater to consumers’ sense of whimsy.

Take Mattel (MAT), one of the world’s largest toymakers, which reported earnings on July 17. Mattel’s sales fell 12% in the U.S. and, ignoring the impact of currency movements, 16% overseas. The company managed to beat earnings expectations—with earnings per share of 6¢—by slashing costs. But the economy took its toll.”


Antibiotic Levaquin: next mass tort candidate?

May 29, 2009

“Three new Levaquin Lawsuits have been filed against Johnson & Johnson and Ortho-McNeil-Janssen Pharmaceuticals in New Jersey state court, joining other similar cases filed in state and federal courts throughout the country, alleging that the antibiotic caused plaintiffs to suffer painful tendon ruptures.

Levaquin (levofloxacin) was first approved by the FDA in December 1996 to prevent infection by stopping reproduction of bacteria. However, a number of users have developed Levaquin tendon ruptures and tendonitis as a side effect of the medication, which the complaints allege Johnson & Johnson failed to adequately warn about.”


Trade Association Thursday:Groceries

December 11, 2008

With the announcement this week of a new president and CEO of the Grocery Manufacturers Association and with our focus on the food industry, this seemed the perfect candidate for today’s association report card.

Overview:  represents the world’s leading food, beverage and consumer products companies.

Associate membership?  Yes and also affiliate membership as well.  Have to call to find out membership price. “B”

Membership directory public?  They provide the names of members but link out to their websites.  “B-”

Conferences and events?  Not clear that they have a single national conference but they have several large conference along with workshops  “B-”

Subchapters? Doesn’t appear to have them.  “D”

Industry reports, information news?  Excellent for full reports, news items and public policy concerns.  “A”

Glossary?  There isn’t a single glossary but the Food Supply Chain Handbook had a list of acronyms.  “C”

What sense does it give you of the industry?  I don’t think the association’s messaging is super clear.  They don’t feature a single mission statement on the website and instead cover a range of issues that makes the association’s priorities and direction somewhat unclear.  However, unlike the organic food association, this one doesn’t waste time with consumers.  It is very focused on the industry and providing a wealth of information about the grocery industry issues and workings.  “B”

Overall:  Very information rich website.  A great resource.  “B+”