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2019Encyclopedia.com | All rights reserved. After moving into sporting goods with a leading brand of sailboards in the late 1980s, the company also strengthened its position in stationery goods by purchasing Wite-Out Products, Inc. in 1992.

denver, co 80239 phone: (303)373-2000 fax: (303)373-6300 url: http://www.samsonite.com

Also acknowledging that a woman had died in an accident involving one of its lighters, BIC reassured the public that it had discontinued the model that was involved in the accident. Attorneys for the children argued that the lighter should have been more child resistant; BIC argued that the children should have been better supervised. We do my best to ensure that the information is accurate and up to date, but this is not The lighter allegedly exploded when it was dropped while lit.

Many of BIC Corporation's writing instruments were tailored for specific age ranges or population categories.

Then, copy and paste the text into your bibliography or works cited list.

the companys sales. Marketed under the name Parfum BIC, the fragrances were first introduced by Societe BIC, S.A., in Europe, where they were sold alongside other BIC products. Starting To Click; Mainstay Products Help BIC Mark Profit Gains, Barrens, June 23, 1986, p. 52. Bich then turned his attention to marketing his products in the United States. In 1995, with exchange rates very favorable to the French franc, BICs parent, Socit BIC, S.A., offered to buy up a large chunk of BIC Corporations stock and take the company private. But let somebody say, Flick my Bic,this is beautifully obsceneeveryone nods their heads and lets that go, because well, we know you cant possibly mean that, that would be obscene..

some were manually collected from manufacturer or dealer websites, some were programmatically collected King C. Gillette had invented the safety razor in 1903, and the company he founded dominated the market for the next 70 years. By 1967 the company was turning out nearly 500 million pens annually, accounting for nearly 60 percent of the U.S. market.

Lighters continued to be profitable for BIC in spite of increasing competition from China and Thailand.

Each product has information about the date it was added to our database.

By the mid-1990s lighters accounted for 24 percent of

BIC alleged that imports from China and Thailand were being sold at below market value, with lighters going for as little as six cents each wholesale, and the numbers of such cheap lighters were increasing yearly. BIC Corporation launched its Specials Markets Division in 1978 to serve the promotional products industry with advertising specialty products.

Loctite Corp They use black ink the most, followed by blue, red, and green. The name was later shortened to BIC Corporation.

marketing, 3 february 1994. hartman, lauren r. "bic pens a bestseller with shrinkbands."

The company was renamed the Waterman-BIC Pen Corporation, and its headquarters was moved to Milford, Connecticut.

fax: (203)783-2086

Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for The lighter allegedly exploded when it was dropped while lit.

We are unable to constantly trace each product if it still manufactured in the same location as the year ago. Recent corporate literature has reaffirmed the companys intent to produce excellent consumable products at the lowest possible price.. BIC takes great care in making and packaging their world-renowned ball-point pens; each pen gets special attention. Brockhaus AG, Bicalho Oswald, Henrique Carlos (19181965), https://www.encyclopedia.com/books/politics-and-business-magazines/bic-corporation, https://www.encyclopedia.com/books/politics-and-business-magazines/bic-corporation-0, https://www.encyclopedia.com/economics/economics-magazines/bic-corporation. In February 1994, BIC Corporation launched its first-ever line of twin-blade disposable razors, including the BIC Twin Select and Twin Pastel. A series of commercials soon showed sensuous women urging cigarette smokers to Flick My BIG, a phrase perceived as having sexual connotations, that soon became a part of the national lexicon.

Producing inexpensive, quality products promoted through aggressive advertising campaigns, BIC has steadily increased its marketshare in the United States, maintaining 60 percent of the ballpoint pen market and 45 percent of the disposable shaver market in 1992. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html, 86% Owned Subsidiary of Socit BIC, SA.Incorporated: 1958 as Waterman-BIC Pen CorporationEmployees: 2,700Sales: $1.2 billion (1996)SICs: 3951 Pens & Mechanical Pencils; 3999 Manufacturing Industries, Not Elsewhere Classified; 3421 Cutlery. Gillette Challenges Bic to Verify Its Ad Claims, Business Week, March 19, 1979, p. 32.

For example, Go-Gos were aimed at 10-year-olds, Spring Fever for girls aged 10 to 18, and the Football and Basketball Series for 10 to 14 year old boys. Within ten years, Gillette would stop advertising its disposables to concentrate on its razor systems and replacement blades. always possible.

Are the Talents Transferable? Forbes, April 1, 1974, p. 62.

The company was a Wall Street favorite.

Bic monitors the entire manufacturing process, giving constant attention to the development and improvement of its products.

The company also changed the name of its Writing Instruments division to Stationery Products, indicating an intention to market an expanded line of stationery-related products, while continuing to expand its successful lines of pens, lighters, and shavers. He reportedly told his advisers, Waterman is 100 percent mine. Eventually, the company changed its tactics and revealed that there were 42 lawsuits then pending.

Fax: (510) 832-1463 Then in 1975, BICs parent corporation, the French Socit BIC, S.A., introduced a disposable plastic shaver in Europe.

King, Resa W., Will $4 Perfume Do the Trick for Bic?, Business Week, June 20, 1988, p. 89.

While early ballpoint pens were known to clog and leak, Bichs pens proved reliable and achieved immediate success in Europe with annual sales exceeding $5 million by 1955.

Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).

Oakland, California 94612

After a rocky start, Waterman-BIC established itself as the largest maker of ballpoint pens in the United States.

Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list. Cite this article Pick a style below, and copy the text for your bibliography. The offer came at a time when there was some speculation that rising plastic prices might cut into BIC Corporations profit margins.

The Consumer Product Safety Commission has also adopted a child-resistant standard for disposable lighters that will become effective in July 1994. Analysts were skeptical whether U.S. consumers would accept an inexpensive French perfume since part of the appeal of French perfumes lay in their image as luxurious and expensive. BIC Corporation's international operations include subsidiaries in Canada, Mexico, Puerto Rico, and Guatemala. The company reported strong sales of its twin blade products in 1996. By the time his competitors figured out how to build an equally good pen for the price, Bich had a lock on the market.. bic corporation company report.

The acquisition of Sheaffer put BIC in a better position against its long-time competitor Gillette, which had acquired two high-end pen companies several years earlier.

According to BIC, the company has defended itself in more than 50 lawsuits involving lighters between 1988 and 1993, losing only three.

In light of a subsequent decision by the Pennsylvania court, BIC is expected to re-file its motion for summary judgment. Writing about network censors in The Best Thing on TV: Commercials, Jonathan Price remarked, They absolutely do not see sex in advertising if its blatant.

Students at Bristol Eastern High School tried to curb Bic's product testing on animals.

During the time that BIC and Gillette were battling over disposable lighters, the companies were also going head-to-head for a new segment of Gillettes traditional business, disposable shavers.

The ruling involved a case in which a three-year-old child took a BIC lighter from his fathers pants pocket and set fire to an infants bedclothes.

As of 1998, the company manufactured about 3.0 million ballpoint pens, 2.5 million shavers, and 1.0 million lighters per day.

distribution journal, 15 april 1996. societe bic 1996 annual report. It is available to teachers at no charge on the program's Web site at http://www.qualitycomesinwriting.com.

BIC maintained that most of the incidents were caused by user negligence. In the early 1960s Waterman-BIC launched an aggressive television advertising campaign that boasted that BIC pens would write First Time, Every Time. To prove that a 29 cent BIC pen would perform as well as pens costing several times In one series of commercials, people were blindfolded and shaved by professional barbers, using either the BIC Shaver or Gillettes nondisposable Trac II razor.

By the end of 1979, Gillette and BIC each controlled about 50 percent of the market for disposables, which had grown to represent 20 percent of the total market for wet-shave razors.

Socit BIC was anxious to take advantage of the weak dollar and quickly made a sweet deal with stockholders to secure the merger.

When the true financial condition of the company became known, Bich was able to acquire the remaining 40 percent for nothing.

Marcel Bich and Edouard Bufford start making pen parts in France, Purchases the Waterman Pen Company located in Seymour, Connecticut, to become Waterman-BIC, BIC pens are introduced into the U.S. market, BIC Pen Corp. becomes a publicly traded company, BIC Sports becomes the world's leading sailboard company; introduces the Wite-Out Pen. This strengthened BICs position in the correction products market.

In 1982, the company introduced the BIC Sailboard, which quickly became the North American market leader. BIC Velocity Max Pencil, 0.7 mm, HB (#2), Black Lead, Assorted Barrel Colors, 5/Pack, BIC Velocity Max Pencil, 0.5 mm, HB (#2), Black Lead, Gray Barrel, 2/Pack, BIC Velocity Max Pencil, 0.7 mm, HB (#2.5), Black Lead, Assorted Barrel Colors, 2/Pack, BIC Velocity Max Pencil, 0.5 mm, HB (#2), Black Lead, Assorted Barrel Colors, 5/Pack, BIC Velocity Side Clic Pencil, 0.7 mm, HB (#2), Black Lead, Assorted Barrel Colors, Dozen, BIC Velocity Max Pencil, 0.9 mm, HB (#2), Black Lead, Assorted Barrel Colors, 2/Pack, BIC Velocity Side Clic Pencil, 0.5 mm, HB (#2), Black Lead, Assorted Barrel Colors, Dozen, BIC Atlantis Stick Ballpoint Pen, Medium 1mm, Black Ink/Barrel, Dozen (VSG11BK), BIC Antimicrobial Mechanical Pencils (MPCMAP4), BIC Brite Liner Retractable Highlighters (BLR11YWDZ), BIC VCGN11BK Atlantis Exact Retractable Ballpoint Pen, BIC VCGUP11BK Atlantis Ultra Comfort Retractable Ballpoint Pen.

As a result of BIC managements candor, the companys stock began to regain value.

In 1992, BIC purchased Wite-Out Products, Inc., the second largest maker of correction fluids for office use in the United States. The program is designed to help students in grades 4 through 6 develop strong writing skills through interesting activities.

After a rocky start, Waterman-BIC established itself as the largest maker of ballpoint pens in the United States. BIC introduced this lighter in 1973.

However, the date of retrieval is often important.

The inexpensive BIC pens did not catch on as quickly in the United States as they had in Europe, probably because the U.S. market had been flooded with shoddy pens by other companies. By 1967, the company was turning out nearly 500 million pens annually, accounting for nearly 60 percent of the U.S. market.

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on this page may not be the only place of production. Discovering the Potential in BIC, Business Week, July 30, 1979, p. 65.

Are the Talents Transferable?, Forbes, April 1, 1974, p. 62. Kalita, S. Mitra, Bic Agrees To Acquire Sheaffer in Bid, Wall Street Journal, August 1, 1997, p. A9B.

In 1970, Gillette purchased the S. T. Dupont Company, a prestigious French manufacturer whose principal product was luxury cigarette lighters that sold for hundreds of dollars. Anticipating that BIC would next bring out the shaver in the United States, Gillette quickly introduced its own disposable razor dubbed Good News! in 1976, a full year before the BIC shaver made its American debut. Warner, Liz, Bic Scents a Quick Killing, Marketing, June 30, 1988, p. 1.

BIC traces its beginnings to 1945, when Marcel Bich, a former production manager for a French ink manufacturer, purchased a factory outside Paris with partner Edouard Buffard to make fountain pen parts and mechanical lead pencils. Company Profiles for Students.

By then BIC had also taken a tentative step into sports equipment.

As of 1996, the company did not operate in Europe or Asiamarkets being served by parent company Societe Bic. U.S.A. This action set off a fierce price war with Gillette.

Then in 1975, BICs parent corporation, the French Societe BIC, S.A., introduced a disposable plastic shaver in Europe. BIC introduced this lighter in 1973.

The robot can transport as many as 100,000 cartridges at a time. Retrieved July 28, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/bic-corporation.

headquarters: 11200 e. 45th ave.

The program contains four Activity Masters, which can be copied so students can use them as worksheets; a Teacher's Guide that includes a list of the program's objectives, suggestions for introducing activities, and follow-up activities; a poster of writing hints for classroom display; and 30 take-home booklets to promote parental involvement in the writing process outside the classroom. U.S.A. In the early 1960s Waterman-BIC launched an aggressive television advertising campaign that boasted that BIC pens would write First Time, Every Time. To prove that a 29 BIC pen would perform as well as pens costing several times more, the commercials showed BIC pens still working after being drilled through wallboard, shot from guns, fire-blasted, and strapped to the feet of ice skaters. The Pennsylvania case was the first involving BIC to go to trial, and the Times reported that although claims began to trickle in soon after Bic introduced its throwaway lighters in 1972, the company has until recently been able to keep the cases quiet by settling them out of court. The newspaper stated that BIC had settled more than 20 cases for amounts ranging from $5,000 to almost $500,000. For example, while in the early 1990s BIC Corporation was said to have lost market share to cheaper (and lower-quality) imported Asian lighters, the company was able to reverse the trend by implementing more effective marketing and introducing value-added, higher-margin product line extensions. Web site: http://www.lo, 2000 M63 North This site is for informational

The company was founded by Marcel Bich, who left his job as production manager for an ink company in 1945 to set up his own business outside of Paris, manufacturing parts for fountain pens and mechanical pencils.

Also that year, BIC introduced a lighter with a child resistant catch, reportedly the result of a seven-year, $21 million development program.

In the disposable razor market, BIC Corporation continued to seek new markets by expanding its product line in the early to mid-1990s. on ProductFrom.com are the property of their respective owners.

500 BIC DriveMilford, Connecticut 06460U.S.A. King C. Gillette had invented the safety razor in 1903, and the company he founded dominated the market for the next 70 years.

"eastern students plan pen protest."

. In June 1992, the company acquired Wite-Out Products Inc., the second-largest manufacturer of correction fluid, for $19.9 million in cash. (510) 271-7000

It is also an industry leader in the production of disposable shavers.

In 1982, with revenues approaching $220 million, BIC acknowledged its expanding status as a leading maker of lighters and shavers by dropping pen from its name to become, officially, BIC Corporation.

The case, Griggs v. BIC Corp., was remanded to a lower court that had originally dismissed the case. In 1994 BIC filed a petition with the Department of Commerce and the U.S. International Trade Commission asking to impose antidumping duties against disposable lighters from these two countries.

In 1982, with revenues approaching $220 million, BIC acknowledged its expanding status as a leading maker of lighters and shavers by dropping pen from its name to officially become BIC Corporation.

Bichs U.S. managers urged him to make a more expensive ballpoint to compete with PaperMate, but Bich resisted. According to the ads, 58 percent of the participants claimed that there was no difference between the BIC shave and the Gillette shave. Waterman-Bic Pen Corp.: On the Ball with the Ball-point, Nations Business, December 1970, p. 72. According to BIC, the company defended itself in more than 50 lawsuits involving lighters between 1988 and 1993, losing only three. U.S.A. But let somebody say, Flick my BIC,this is beautifully obsceneeveryone nods their heads and lets that go, because well, we know you cant possibly mean that, that would be obscene..

The new line was designed to compete with Gillette Company's Blue II Plus. At one time Waterman Pen was the worlds leading maker of fountain pens.

Furthermore, it was not eager to see customers switch from its reusable razor systems to its disposables, since Good News!

Therefore, Gillette spent very little on advertising. While almost all of these cases were decided in the favor of BIC Corp., the company had to pay costly bills for its legal defense.

At the time, BIC controlled about 65 percent of the market for disposable lighters.

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