As in-store purchasing of hair removal and bath and shower product categories fell in Q4 2022, the design collaboration between Gillette and Rifle Paper Co. in its latest razor release is an innovative approach to reinvigorate product sales in these categories.
The P&G – owned personal care and grooming brand just announced its latest venture. The new Planet KIND shave and skin care brand has partnered with Plastic Bank to limit plastic waste in the oceans.
Proctor & Gamble has driven full-year 2019 net sales up 1% but a multi-billion write-down taken on its shaving brand Gillette has contributed to a net profit loss of close to €5bn.
As men’s toiletries catches up and looks to overtake the shaving category this could open up new opportunities to manufacturers to provide innovative products and challenge Gillette for the top spot.
Once again results from the Procter & Gamble Company have
defied market growth and the expectations of financial analysts,
with sales for the fourth quarter growing 8 percent and net profit
rising 19 percent - results that testify...
Shaving specialist Gillette has announced an investment package
worth $1.5m to develop light-based hair removal systems with
Palomar, a company that specializes in laser cosmetic treatments.
Not only has the acquisition of Gillette helped global giant
Procter & Gamble to boost its sales, subsequent synergies and
consolidation have helped the company achieve strong profit growth.
P&G just seems to be going from strength to strength. An
announcement by leading financial advisors Goldman & Sachs that
it was adding the company to its 'buy' list of preferred stocks has
led to a jump in share...
Proctor & Gamble has reported a 27 per cent increase in its
sales and a 33 per cent increase in net earnings as the company
continues to power away on the strength of last year's merger with
Gillette and a continued improvement...
Proctor & Gamble looks set to fulfill its forecasts for its
fiscal first quarter, as financial analysts back up the positive
outlook ahead of results being published later today.
The world's largest consumer goods company, Procter and Gamble
(P&G), told shareholders at its annual meeting this week that
it is now focused on delivering a full decade of industry-leading
top and bottom line growth, having...
Proof that P&G is on the right track following its merger with
Gillette came during the course of August, after the company posted
strong fourth quarter results that have led to a share price hike
of more than 8 per cent.
P&G has confirmed that its new manufacturing centre for
Gillette blades and razors, also incorporates packaging and
warehousing operations, opened last month in Lódz, Poland and is
now ready to assume full production.
As leading men's personal care player Gillette introduces a
five-blade razor, the company is also going ahead with a patent
infringement suit against Schick over its four-blade razor,
Quattro.
The acquisition of the Gillette Company by Procter & Gamble was
cleared on Friday by the US Federal Trade Commission (FTC),
resulting in the two companies operating jointly as of October 3.
Gillette has reported a significant rise in both quarterly sales in
profits boosted by a series of new product launches. The results
leave it in good shape for the proposed merger with P&G later
this year, reports Simon Pitman.
Gillette says it is still planning to finalize its $57 million
merger with Proctor & Gamble this fall, despite complaints from
competitors to anti-competition authorities in Europe. Indeed,
Gillette is so confident about the outcome,...
Procter & Gamble's plans to have the Gillette deal sealed by
the end of the year may have been scuppered following delays by
European regulators and the publication of a report that questions
the fairness of the deal, reports...
Certain of P&G's smaller dental care operations are being
divested as the company readies to seek anti-trust approval in both
Europe and the US. But as acquisition deadlines draw ever closer,
opposition in Gillette's...
Two weeks after settling the first subpoena bought about by
Massachusetts Secretary of State William Galvin, the senator is
again knocking at Gillette's door, this time trying to contend that
the razors and personal care giant...
The investment world has given its seal of approval to P&G's
proposed $57 billion acquisition of Gillette, with analysts
recommending Gillette shares as a good buy, but experts are
expecting that the deal will bring headaches...
Palomar Medical Technologies, a leading researcher and developer of
laser and other light-based systems for hair removal, is to launch
its next generation of Lux pulsed-light systems.