Breaking News

New Product Sales

November 14, 2005

The Gillette Co., Boston, MA, said second-quarter net income rose 15%, and gave much of the credit for the advance to the success of new shavers, razors and battery-powered toothbrushes. The company reported net income of $338 million, compared with $293 million a year earlier.
Sales rose 11% to $2.25 billion from $2.02 billion, with increases in all regions except Latin America. Favorable foreign-currency exchange contributed six percentage points to the increase. A double-digit increase in advertising spending also helped increase sales, the company said.
Gillette said the success of new products including the Mach3Turbo and Passion Venus shaving systems, Sensor3 disposable razors and CrossAction Power battery toothbrushes led the quarter’s strong performance.
Sales of oral care products increased 15% to $316 million, helped by the launches of new manual and power toothbrushes. In the personal care segment, sales rose 8% to $219 million, helped in North America by the rollout of PowerCaps premium clear gel antiperspirants and deodorants. In Europe, segment sales were boosted by increases in sales of Satin Care female shave gel.
blog comments powered by Disqus
  • A Facial Bar Grows in Brooklyn

    A Facial Bar Grows in Brooklyn

    Christine Esposito, Associate Editor||October 24, 2016
    With three doors in Canada, Blitz Facial Bar opens its first US location in one of the hippest areas of New York.

  • Free and Clear

    Free and Clear

    Melissa Meisel, Associate Editor||October 17, 2016
    OY-L aims for zero-chemical skin care.

  • Coming Clean on a Host of Issues

    Coming Clean on a Host of Issues

    October 17, 2016
    Cleaning Products Conference is set for Nov. 9-11, 2016 in Washington DC.

  • Change Is in the Air

    Change Is in the Air

    Doreen Wang, BrandZ ||October 3, 2016
    Technology is changing the personal care market

  • Skin Care of One’s Own

    Skin Care of One’s Own

    Christine Esposito, Associate Editor||October 3, 2016
    Nu Skin’s ageLOC Me—which melds the worlds of smart-phone technology, efficacious ingredients and personalization

  • Proof Positive

    Proof Positive

    Christine Esposito, Associate Editor||October 3, 2016
    Testing service providers enable companies to back up their claims and stay in compliance with regulations.