Breaking News

Colgate Missed Out on Gillette Deal

October 31, 2005

Gillette held merger talks with Colgate-Palmolive, a rival consumer goods company, about four months before approaching Procter & Gamble, the industry titan that later acquired Gillette for $58 billion.
According to The Financial Times, Colgate’s failure to negotiatie last year could represent one of the greatest missed opportunities in the industry’s recent history, as its fortunes subsequently took a turn for the worse.
In September, Colgate-Palmolive issued its first profit warning in more than a decade, leading to a sharp fall in its share price.
  • Skin of Color Society Connects Experts

    Skin of Color Society Connects Experts

    Melissa Meisel, Associate Editor||January 16, 2017
    Dermatologists from across the nation share information and ideas.

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • Hitting the Right Notes

    Hitting the Right Notes

    January 6, 2017
    Agilex Fragrances is the leader in the middle market fragrance category.

  • The Smell of Clean in 2017

    The Smell of Clean in 2017

    January 6, 2017
    Changing consumer lifestyles and demographics are impacting the scents found in the household cleaning category.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017