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PERT PLUS READIES FOR SECOND COMING.(Innovative Brands)
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WWD
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November 17, 2006
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Copyright informationCOPYRIGHT 2006 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Rachel Brown
Can ghost brand Pert Plus be brought back to life? Phoenix-based Innovative Brands believes so and, backed by Najafi Cos., a private equity firm with more than $1.1 billion in assets, has the wherewithal to do something about it. The company bought Pert Plus in July for an undisclosed sum from Procter & Gamble and now is hatching plans to jump-start the two-in-one shampoo and conditioner brand, which is often lumped into the ghost category given its dearth of promotional support in the past few years.
Joe Jacober, chief executive officer of Innovative Brands, declared the ghost label is coming off early next year. Innovative Brands plans to roll ...
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