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P&G raises FY forecast on higher demand for beauty products

Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty brands such as SK-II and China Olay......»»

Category: topSource: reutersOct 22nd, 2019

Former P&G brands could fetch billions in sale by Coty

Former Procter & Gamble Co. brands that were acquired by Coty Inc. could be resold for billions of dollars. Coty disclosed today that the firm intends to sell its Professional Beauty Business and associated hair brands, which includes former P&G brand.....»»

Category: topSource: bizjournalsOct 21st, 2019

The NBA faces a billion-dollar crisis over one executive"s tweet about Hong Kong. Here"s why China is so hard for Western brands to break into.

Jonathan Bachman/Getty Images; Dolce & Gabbana/Instagram; Evan Agostini/Invision via AP The NBA this week became the latest in a slew of foreign brands who have landed in hot water in China. Dozens of Western b.....»»

Category: topSource: businessinsiderOct 13th, 2019

World"s biggest brands have a trash problem. This man can help

Procter & Gamble, Unilever, Nestlé and PepsiCo are all trying out reusable packaging thanks to Tom Szaky, the CEO of TerraCycle. Earlier this year, Szaky launched Loop, a new shopping service that aims to cut down waste......»»

Category: topSource: moneycentralOct 10th, 2019

The world"s biggest brands have a garbage problem. This man can help

Procter & Gamble, Unilever, Nestlé and PepsiCo are all trying out reusable packaging thanks to Tom Szaky, the CEO of TerraCycle. Earlier this year, Szaky launched Loop, a new shopping service that aims to cut down waste......»»

Category: topSource: moneycentralOct 10th, 2019

Express names Limited Brands and Procter & Gamble veteran as next president

The executive who led Columbus-based Express Inc. on an interim basis following the early 2019 departure of its CEO will now serve as president of the retailer. Matthew Moellering has served as Express' chief operating officer since 2011 and led the.....»»

Category: topSource: bizjournalsSep 24th, 2019

Five things you need to know today, and downtown"s disappearing office space

Good morning, Cincinnati! Here are the five most important things you need to know to help start your busy business day: P&G cuts ad spending by $350M Barrett J. Brunsman reports that Procter & Gamble spent $6.75 billion on advertising in the recent.....»»

Category: topSource: bizjournalsAug 9th, 2019

Men with beards are taking a heavy toll on the razor industry

Procter & Gamble blames Gillette’s $8 billion writedown on ‘lower shaving frequency.’.....»»

Category: topSource: marketwatchAug 7th, 2019

Young men with beards are nicking the razor industry

Procter & Gamble blames Gillette’s $8 billion writedown on ‘lower shaving frequency.’.....»»

Category: topSource: moneycentralAug 1st, 2019

Men with beards are killing the razor industry

Procter & Gamble blames Gillette’s $8 billion writedown on a ‘lower shaving frequency.’.....»»

Category: topSource: marketwatchAug 1st, 2019

P&G posts strong sales, takes $8 billion Gillette writedown

Procter & Gamble Co's quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high even as the world's No.1 personal goods company took an $8 billion charge on its Gillette shaving business......»»

Category: topSource: reutersJul 30th, 2019

P&G posts strong profit amid $8 billion writedown of Gillette

Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world's No.1 personal goods company took an $8 billion writedown on its Gillette shaving business......»»

Category: topSource: reutersJul 30th, 2019

Procter & Gamble keeps spending in Russia

Procter & Gamble is to invest 2.4 billion rubles ($37 million) in its Russian operations this year to expand its distribution center, modernize some manufacturing and localize more product production......»»

Category: topSource: reutersJun 6th, 2019

P&G to test eco-friendly refills for Olay moisturizer

Procter & Gamble Co. will test pod refills of Olay Regenerist Whip moisturizer starting in October, the company announced Wednesday at the 2019 Sustainable Brands Conference. Through the end of the.....»»

Category: topSource: marketwatchJun 5th, 2019

P&G commits to reducing plastic in packaging

Procter & Gamble Co. fabric care brands across Europe intend to reduce plastics use in packaging by 30 percent by 2025.  The Cincinnati-based maker of Ariel detergent and Lenor fabric softener (NYSE: PG) said planned reductions from those and other.....»»

Category: topSource: bizjournalsApr 24th, 2019

P&G operating margin, grooming product sales dip on strong dollar; shares drop

Procter & Gamble Co reported a decline in its third-quarter operating margin on Tuesday and said a strong U.S. dollar hurt sales of its grooming products, sending shares of the maker of Tide and Gillette products down as much as 3.3% in morning trading......»»

Category: topSource: reutersApr 23rd, 2019

Procter & Gamble Issues Soft Outlook After Beating Analyst Estimates

  The Procter & Gamble Company (NYSE: PG) beat analysts' expectations on both earnings per share (EPS) and net sales in the third quarter of fiscal year 2019. The company reported net sales of $16.5 billion, up 1 percent year-ove.....»»

Category: earningsSource: benzingaApr 23rd, 2019

P&G beats profit, sales estimates with price hikes

Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar......»»

Category: topSource: reutersApr 23rd, 2019

P&G: Fiscal 3Q Earnings Snapshot

Procter & Gamble Co. on Tuesday reported fiscal third quarter net income of $2.75 billion......»»

Category: topSource: foxnewsApr 23rd, 2019

Procter & Gamble tops estimates, but offers soft outlook

Procter & Gamble Co. said Tuesday it had net income of $2.776 billion, or $1.04 a share, in its fiscal third quarter, up from $2.540 billion, or 95 cents a share, in the year-earlier p.....»»

Category: topSource: marketwatchApr 23rd, 2019