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In 1976, Clairol signed Dorothy Hamill, Olympic figure skating champion, to represent Short & Sassy, a new, short-hair conditioner that was introduced nationally. The 19-year-old gold medalist, whose short, wedge-shaped haircut started a trend in hair styling, was to appear in two Clairol-sponsored TV specials.

The oral contraceptive market, barely five years old in 1965, appeared headed for a 260% sales jump to $40 million.

In 1955, Chesebrough Mfg. Co., maker of Vaseline brand products, and Pond's Extract Co., producer of creams and cosmetics, merged. The deal joined two of

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