Page 4 - Fisherman's Friend Case Study
P. 4
Change however, was
forced on the family
business in the 1960s
and 70s when first, the
cod wars on fishing
rights in the North
Atlantic between the
U.K. and Iceland (1958-
76), occurred. These
disputes ended in
Icelandic victory, leading
to the destruction of the
Fleetwood’s fishing
industry. The second,
was the introduction of
Doreen into the
Lofthouse family in
1963.
It was Doreen Lofthouse, from the early 1960s, who
recognized the potential of "Fisherman's Friend". Under
her guidance, these extra strong lozenges were
turned from little more than a sideline at the chemist's
shop into a global brand selling some 5 billion lozenges
annually, worth £51 million, to some 120 countries.