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Procter & Gamble said on Tuesday a write-down of its Gillette business and lower price increases hampered its financial results.
P&G reported a net loss of about $5.24 billion, or $2.12 per share, for the quarter ended June 30, due to an $8 billion non-cash writedown of Gillette. For the same period last year, P&G's net ...
Looking to show off a new razor, Procter & Gamble's Gillette brand will air an ad during the Super Bowl for the first time since 2006. Looking to show off a new razor, Procter & Gamble's Gillette ...
Gillette is an American brand of safety razors and other personal care products including shaving supplies, owned by the multi-national corporation Procter & Gamble (P&G). ). Based in Boston, Massachusetts, United States, it was owned by The Gillette Company, a supplier of products under various brands until that company merged into P&G i
Comet, a long-time P&G brand of cleanser is owned by Prestige Brands; Crisco (vegetable oil and shortening) sold to The J.M. Smucker Company then sold to B&G Foods; Crush/Hires/Sun Drop carbonated soft drinks (sold to Cadbury Schweppes in late 1980s) Dantrium sold to JHP Pharmaceuticals and SpePharm; Dash taken over by Dalli-Werke (dalli group ...
P&G was one of the first mainstream advertisers on Spanish-language TV during the mid-1980s. [83] [84] By the late 1990s, P&G was established as the largest advertiser on Spanish-language media. [85] In 2008, P&G expanded into music sponsorship when it joined Island Def Jam to create Tag Records, named after a body spray that P&G acquired from ...
In May 2019, Gillette released a video on Facebook, [15] as well as Instagram, [16] entitled "First Shave" as part of a follow-up campaign, #MyBestSelf, which features the story of a recently-transitioned trans man learning to shave from his father. The ad modified the Gillette slogan, this time by making it inclusive of gender identity.
In 1998, Gillette decided to transform Braun AG into a private company before it bought back a 19.9 percent share in its subsidiary The Gillette Company Inc., which Braun had acquired in 1988. [12] [13] The following year, Braun's sales organization was merged with those of Gillette's other business divisions to cut costs. At the end of the ...