• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Hairstyling Products Grow with Volumizers, Bond Builders & Textured Hair Formulas

    Ashland, Shin-Etsu Highlight Cosmetic Innovations at SCC76

    Formulating Simple, High-Performance Hair Care Products

    The Professional and Spa Skincare Market

    Beauty Tech: Immersion & Inclusivity
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    Glow Balms and Slugging are Top Skincare Trends: Spate

    Curl Care Sales Jump as Consumers Transition to Natural Hairstyles

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    ELF Cosmetics To Air Commercial During Super Bowl

    Next of Us Launches Pair of Hair Care Products
    Blog
    Online Exclusives
    Glossary
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    4. SC Johnson

    18. Elizabeth Arden

    24. Jafra Cosmetics

    5. Reckitt Benckiser

    Lush Cosmetics
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    Gojo Patents Hand Sanitizer with Probiotics/Prebiotics

    Preservative-Free Eye Drops Linked to Bacterial Infection and Death

    An Exciting 2023 Ahead for the New York Chapter of the Society of Cosmetic Chemists!

    Sharon Personal Care Expands Green Product Portfolio and Formulation Capabilities
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    Glow Balms and Slugging are Top Skincare Trends: Spate

    Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care

    Next of Us Launches Pair of Hair Care Products

    Ivy Beauty Donates $30,000 to the NAACP in Honor of Black History Month

    Grant Industries Names Mehran Ghadim Sales Manager, Canada
    Lab Equipment
    Mixing
    Packaging
    Testing

    Five Leading Sustainable Brands: Cosmetify

    EU Restriction Proposal on Microplastics Made Easy

    INFORM Consumers Act Applauded by Personal Care Products Council

    CJ Biomaterials Creates a Cosmetic Container Made with Bio-Sourced Material

    The HCPA Recognizes Individuals and Companies During Annual Meeting
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New CMPL Directory Company
    Add New Buyers Guide Company
    Corporate Profiles
    International Buyers Guide Companies
    BARALAN

    KLK OLEO

    BotanicalsPlus

    Vantage Personal Care™

    Centerchem LLC
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Glossary
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Podcasts
    • Videos
    • Infographics
    • eBook
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Top Companies Report

    1. Procter & Gamble

    ...

    07.02.08

    Cincinnati, OH
    513.983.1100
    www.pg.com
    Sales: $55.7 billion


    Sales:

    $55.7 billion for household, personal care and oral care products. Corporate sales: $76.4 billion. Net income: $10.3 billion for the year ended June 30, 2007.

    Key Personnel:

    A.G. Lafley, chairman, president and chief executive officer; Susan E. Arnold, president, global business units; Robert A. McDonald, chief operating officer; Clayton C. Daley Jr., vice chairman and chief financial officer; Dimitri Panayotopoulos, vice chairman, global household care; Robert A. Steele, vice chairman, global health and well-being; Ed Shirley, vice chairman, global beauty & grooming; Werner Geissler, vice chairman, global operations; Steve Bishop, president, P&G North America; Charles V. Bergh, group president, global personal care; Christopher de Lapuente, group president, global hair care; Virginia C. Drosos, president, global personal beauty; Robert Jongstra, president, global professional care; Hartwig Langer, president, global prestige products.

    Major Products:

    Baby care—Pampers and Luvs wipes; Beauty care—cosmetics, fragrances, hair care, antiperspirants and skin/beauty care marketed under such brands as Gillette, Pantene, Olay, Head & Shoulders, Cover Girl, Clairol Herbal Essences, Max Factor, Hugo Boss, Secret, SK-II, Zest, Safeguard, Rejoice, Vidal Sassoon, Clairol Nice ‘n Easy, Old Spice, Pert, Ivory, Sure, Camay, Laura Biagiotti, Physique, Noxzema, Giorgio and Muse. Fabric and Home care—bleach and pre-wash additives, care for special fabrics, dish care, fabric conditioners, household cleaners and laundry care including brands such as Tide, Ariel, Downy, Lenor, Gain, Cascade, Ace, Cheer, Bold, Swiffer, Bounce, Dash, Dawn, Fairy, Joy, Febreze, Era, Bonux, Dreft, Daz, Vizir, Salvo, Mr. Proper, Mr. Clean, Flash, Viakal, Dryel, Alomatik, Ivory, Maestro Limpio and Rindex. Health care—Crest toothpaste, Scope mouthwash and Thermacare heat pads.

    New Products:

    Home care—Pure Essentials and Simple Pleasures laundry detergents, Tide with Dawn Stain Scrubbers, Downy Simple Pleasures Radiance Collection, Mr. Clean Magic Eraser with Febreze fresh scent, Febreze to Go, Febreze Candles. Oral care—Crest Healthy Radiance Toothpaste System. Personal care—Old Spice Pro Strength. Fragrance—Boss Pure fragrance. Beauty—Nice’n Easy Perfect 10. To be launched: Olay Definity Color Recapture (July), Olay Definity Night Anti-Spot Treatment (July), Olay Total Effects Plus Touch of Foundation (July), Avril Lavigne fragrance (2009).

    Comments:

    It was another year of double-digit gains for the largest household and personal products company in the world. Corporate sales rose 12% last year, while net income increased 13.5%. By global business unit (GBU), beauty accounted for 30% of net sales, followed by fabric and home care (24%); baby care and family care (16%); health care (12%); blades and razors (7%); snacks, coffee and pet care (6%); and Duracell and Braun (5%).
       
    Sales were up behind 9% unit volume growth, including the impact of an extra three months of Gillette results in the current year. Organic volume increased 5% and growth was broad-based, with 15 of P&G’s top 16 countries posting year-on-year growth. Developing regions continued to lead the growth with double-digit increases for the year. Organic sales increased 7% versus the prior year.
       
    By business segment, fabric and home care grew organic sales 8%, with double-digit growth in developing markets and mid-single-digit growth in developed regions. Key growth drivers included Tide Simple Pleasures, Gain Joyful Expressions and Febreze Noticeables. Net sales rose 11% to nearly $19 billion. Unit volume was up 8%. Global market share increased 1%.
       
    Beauty organic sales increased 5%, led by strong growth in feminine care, prestige fragrances and hair care. Billion-dollar brands Always, Olay and Head & Shoulders each grew sales double-digits for the year. Overall, beauty sales rose 9% to nearly $23 billion and net earnings increased 12% to nearly $3.5 billion. Unit volume was up 5%, driven by double-digit gains in developing regions. Prestige fragrance volume was up double digits behind The One, Boss Selection and Boss Femme fragrance initiatives and the addition of Dolce & Gabbana. Now P&G wants more. Last month, the company signed a fragrance licensing deal with singer Avril Lavigne, a pop star who hits high notes with consumers in their early teens. A fragrance will debut in 2009. Ms. Lavigne joins a growing stable of youth-oriented fragrance licenses including Puma, Christina Aguilera and Replay, an Italian jeans brands. Last year, P&G Prestige Products sold 4711 cologne to Maurer + Wirtz.
       
    Skin care volume was up in the high single digits, behind Olay Definity and Regenerist product initiatives. Hair care volume increased in the mid-single digits, due to product initiatives on Pantene, Head & Shoulders and Herbal Essences, and continued expansion in developing regions.
       
    Health care organic sales increased 6%, driven by very strong growth in oral care. Net sales increased 14% to $9 billion. In the U.S., Crest extended its category market leadership to 38% behind the success of the Pro-Health line.
       
    More than 80% of P&G’s sales come from its 41 largest brands—each generating more than $500 million in annual sales. At the end of fiscal 2007, the company boasted 23 billion-dollar brands. Among the highlights, Head & Shoulders has nearly doubled its annual sales in just four years, making it the second largest shampoo brand in the world. Meanwhile, Pantene is the largest hair care brand in the world, with sales approaching $3 billion. In laundry care, Gain has doubled sales in the past five years on the strength of its fragrance. Finally, Crest remains the largest toothpaste brand in the U.S. thanks to demand for Nature’s Expressions and Pro-Health.
       
    In fiscal 2007, P&G generated more than $20 billion in sales from developing markets, which is more than double the sales level at the beginning of the decade.
       
    Gross margins improved 60 basis points to 52%.
       
    For fiscal 2008, the company has restructured its global business units into three groups: Beauty (beauty and grooming), Health and Well-being (health care, snacks, coffee and pet care) and Household Care (fabric care and home care, baby care and family care).
       
    For the nine months ended March 31, 2008, P&G’s sales rose 9% to $62.2 billion and net income rose 2% to $9 billion. Sales of beauty products rose 8% to $14.4 billion. Grooming product sales increased 11% to $6.1 billion. Health care sales increased 9% to $10.9 billion, and fabric and home care sales increased 10% to $17.7 billion.
       
    In May, P&G put its Stamford, CT property on the market. The nearly 33-acre site had been the home of Clairol.
       
    “Clairol has enjoyed its tenure in Stamford. Now with the sale of this property we are committed to bringing a positive influence to the future of Stamford as a vital community,” said Patrice Louvet, vice president and general manager of P&G global retail hair color, in a statement.
       
    Also in May, P&G announced that G. Gilbert Cloy, chief technology officer, will retire Sept. 1, 2008 after more than 33 years of service. Bruce Brown, who had been vice president, research & development, global hair care and global hair colorants, is the new CTO.
       
    Last month, P&G sold its Folgers coffee business to J.M. Smucker Company. The all-stock transaction is valued at $3.3 billion.
       
    “Strategically, P&G has exited certain categories in order to focus on our core businesses and enhance the growth profile of the portfolio,” said A.G. Lafley, chairman and chief executive officer of Procter & Gamble. “The structure and terms of this transaction deliver on the goals we stated for the separation of the coffee business from P&G. This transaction maximizes the after-tax value of the coffee business for P&G shareholders and minimizes earnings per share dilution.”
       
    Also last month, P&G elected Ed Shirley, 51, vice chairman, global beauty & grooming, reporting to Susan E. Arnold, president, global business units. Steve Bishop, 44, replaces Mr. Shirley as group president, P&G North America. Mr. Bishop had been president, North America market operations.


    Febreze Marks a Milestone


    For the past several years, fragrance has been an important facet of Procter & Gamble’s growth strategy. The marketing departments and R&D staffs have worked overtime to enhance the consumer’s experience via fragrance. It’s no surprise then, that P&G took time in May to celebrate the 10th anniversary of the Febreze launch.
       
    “Through leadership in air care innovation, fragrance development and by listening to the needs of our consumers, Febreze has become the leading brand for creating a fresh and clean ambience for the home,” said Martin Hettich, North American marketing director of Febreze. “The future of Febreze will continue to be driven by our desire to offer a high quality, long-lasting freshness experience to our consumers.”
       
    Within two years of that 1998 launch, more than 50% of U.S. households had tried Febreze. Since its debut, the Febreze brand has grown to include nine products, including candles and an allergen reducer. In February, P&G added the scent of Febreze to Swiffer and Mr. Clean products to help consumers keep their homes looking and smelling clean. Swiffer Dusters, Dry and Wet Cloths, WetJet Anti-Bacterial Solution and Mr. Clean’s sprays, liquids and Magic Erasers are now available with Febreze fresh scents.
       
    This summer, the company will restage Febreze Fabric Refresher with better freshness experience supported by updated packaging, enhanced product performance and a new advertising campaign, according to the company.

    P&G Brands Bag Viva Beauty Awards


    P&G beauty brands Wella and Braun Satin Hair were named as Viva readers’ ultimate beauty products at the Viva Beauty Awards 2008 held in Dubai. Wella Koleston was named Best Hair Colourant, while Braun Satin Hair was triumphant in the Best Curling Iron category and runner-up for Best Straightener. The ceremony, held at the Monarch hotel in Dubai last month, honored the most premium beauty brands in the Middle East, with the winners selected by a panel of beauty experts from the fields of hair care, skin care and makeup. In the category of Best Hair Colourant, Wella Koleston, the premium brand of home coloring products, was chosen as winner. 
    Related Searches
    • liquid
    • strategic
    • baby
    • anti
      Loading, Please Wait..
      Trending
      • Preservative-Free Eye Drops Linked To Bacterial Infection And Death
      • 2023 Best New Product Awards In Beauty, Personal Care, Household Cleaning And More
      • Curl Care Sales Jump As Consumers Transition To Natural Hairstyles
      • Elf Cosmetics Launches New O Face Satin Lipstick
      • Anastasia Beverly Hills Celebrates 25th Anniversary
      Breaking News
      • Glow Balms and Slugging are Top Skincare Trends: Spate
      • Curl Care Sales Jump as Consumers Transition to Natural Hairstyles
      • Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care
      • ELF Cosmetics To Air Commercial During Super Bowl
      • Dermatitis Journal Article Looks at Lanolin as An Allergen
      View Breaking News >
      CURRENT ISSUE

      February 2023

      • EU Restriction Proposal on Microplastics Made Easy
      • Hairstyling Products Grow with Volumizers, Bond Builders & Textured Hair Formulas
      • Effective Ingredients for Your Skincare and Haircare Products
      • Formulating Simple, High-Performance Hair Care Products
      • The Professional and Spa Skincare Market
      • Beauty Tech: Immersion & Inclusivity
      • View More >

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      GOED Elects New Board Officers for 2023
      Aspire Hires Darrec Jones as VP of Business Development
      Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women
      Coatings World

      Latest Breaking News From Coatings World

      PPG Completes COLORFUL COMMUNITIES Project in Denmark
      10 Partners of the Automotive Industry Form JV, Cofinity-X
      BASF Recognized as Top Company for Supplier Diversity
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      MPO's Most-Read Stories This Week—Feb. 4
      MO SCI Acquires Assets of 3M’s Advanced Materials Business
      Neurent Medical’s NEUROMARK System Becomes Commercially Available in U.S. Markets
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Lilly 4Q Revenues Down 9% to $7.3B
      Bionova Expansion Project to Quadruple GMP Biologics Manufacturing Capacity
      Steriline Provides Fill-Finish Solution for Berkshire Sterile Manufacturing
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Pacifica Introduces Glow Baby Skincare Line
      Kohl’s Names Tom Kingsbury as Chief Executive Officer
      Mielle Unveils Haircare Bundles Inspired by Amazon Original Series Harlem
      Happi

      Latest Breaking News From Happi

      Glow Balms and Slugging are Top Skincare Trends: Spate
      Curl Care Sales Jump as Consumers Transition to Natural Hairstyles
      Amyris & Tia Mowry’s Haircare Launch, New Product Awards in Beauty and Home Care
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: Pigments, Inkjet Ink Market Reports Top This Week’s Stories
      Roland DGA Announces Key Changes to Leadership Team
      Ball Reports 2022 Results
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Brandywine names new president, Brook + Whittle grows and more
      MM Packaging adds first Nilpeter press for Dublin site
      Polytag develops new UV tag reading technology
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Weekly Recap: K-C Requests Huggies-Related Lawsuit to be Thrown Out, WPT Makes Investment & More
      What You’re Reading on Nonwovens-Industry.com
      Kimberly-Clark Supports Period Poverty Initiative in Australia
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      ODT's Most-Read Stories This Week—Feb. 4
      Toetal Solutions Secures $1.8 Million in New Financing
      Adrian Tyndall Joins Axogen's Board of Directors
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: CES 2023, ams OSRAM and Celanese Top This Week’s Stories
      Zebra Provides East West Shrine Bowl with RFID Tracking Technology
      AAAS Elects Three ORNL Scientists as Fellows

      Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login