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Hain Celestial Acquires Zia Natural Skincare Brand

The Hain Celestial Group, Inc. (Nasdaq: HAIN – News) today announced the acquisition of Zia Cosmetics, Inc., including the Zia Natural Skincare brand, a leader in therapeutic products for healthy, beautiful skin sold mainly through natural food retailers. In its last fiscal year, Zia Natural Skincare sales totaled less than $10 million in skin care, body care and cosmetics products. Zia Natural Skincare expands the premium skin care offerings of the Company in the fast-growing natural health and personal care products category. Irwin D. Simon, President and Chief Executive Officer of The Hain Celestial Group said, “With the strategic acquisition of the Zia Natural Skincare brand our leadership position in natural personal care products in the United States and Canada is strengthened and expanded. Additionally, Zia Natural Cosmetics provides us with a platform into the fast-growing natural cosmetics category. Our strategy is to build the No. 1 skin care brand in natural and organic channels with a range of offerings from value-priced to premium-priced products.” The terms of the acquisition, which closed on April 4, 2005, were not disclosed. Website: [sorry this link is no longer available]     

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Ford To Issue Report On Global Climate Change

Ford Motor Company announces it will issue a report on climate change by the end of the year. The report will examine the business implications of greenhouse gas emissions, with reference to government policies and regulations, Ford’s product and manufacturing facilities actions, and advanced technology development. “We have long identified climate change as a serious environmental issue, and shareholders are increasingly asking about the risks as well as the opportunities associated with it,” said Bill Ford, chairman and CEO. “It’s time for a broader, more inclusive public dialogue on the complex and important challenge of climate change; our report will be part of our contribution to that dialogue.” The climate change report will include details on greenhouse gas emissions from Ford products as well as its manufacturing facilities. It will also include a strategic analysis of climate change issues, including the potential impact of various policy and regulatory alternatives and their implications for advanced innovations and technological developments. The report, which will be issued by year end, will be developed under the direction of the cross-functional, vice-presidential task force that has been working on strategies for addressing climate change since 2003. “We believe long-term shareholder value and environmental responsibility go […]

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