• 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
    CBD Brands Must Focus On Health Solutions

    A Post-Pandemic Pause in Home Cleaner Sales

    Hair Color Market on Vibrant Streak Inching Out of Covid-19 Pandemic

    Wellness Industry Thrives with Vitamin-Infused Beverages & Beauty-Boosting Supplements

    Skin Care Soars into 2022 with New Products for Facial Care & Body Skin Health
    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
    OleHenriksen’s “Big Oh Duo” Pairs New Body Skincare and Sexual Wellness Device

    Coptis Appoints Marie Renee Thadal Vice President of Sales and Operations

    Matrix Hair Care Introduces All-In-One Toning Leave-In Sprays

    Gabriel Letizia Jr. Sentenced to 60 Months in Prison for Falsifying Sunscreen Test Results

    Han Wen Appointed L’Oréal’s New Chief Digital, Marketing Officer
    Blog
    Online Exclusives
    Glossary
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    16. Clarins

    33. Jafra

    39. American International Industries

    16. Guthy-Renker

    2. Colgate-Palmolive
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    Gabriel Letizia Jr. Sentenced to 60 Months in Prison for Falsifying Sunscreen Test Results

    Indie Beauty Brand i-On Skincare Releases New Skin Emulsion, AI Diagnostic Tool

    Estée Lauder Companies' New Research on Oxidative Damage, Skin Barrier Function & Hyperpigmentation

    Q10 Still Holds Promise in Cosmetics Research Says Beiersdorf

    Croda Supports 2022 IFSCC Congress with Platinum Sponsorship
    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

    OleHenriksen’s “Big Oh Duo” Pairs New Body Skincare and Sexual Wellness Device

    Coptis Appoints Marie Renee Thadal Vice President of Sales and Operations

    Matrix Hair Care Introduces All-In-One Toning Leave-In Sprays

    Gabriel Letizia Jr. Sentenced to 60 Months in Prison for Falsifying Sunscreen Test Results

    Han Wen Appointed L’Oréal’s New Chief Digital, Marketing Officer
    Lab Equipment
    Mixing
    Packaging
    Testing

    Aerosol Recycling Initiative Launched by HCPA

    Goodnest Delivers New Options for Sustainable Baby Care Needs

    Colgate-Palmolive Releases 2021 Sustainability & Social Impact Report

    Sustainable Personal Care Brand sk*p Enters Ulta Beauty Stores

    LVMH Creates Cosmetic Packages with Carbon-Negative PET
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New Company
    Corporate Profiles
    International Buyers Guide Companies
    LipoTrue Inc.

    cosmopak usa

    Jeen International

    Vantage Personal Care™

    BotanicalsPlus
    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

    ...

    1. Procter & Gamble
    Related CONTENT
    • P&G Reports Q4 and Full Year 2021 Results
    • P&G Sales Up 9% in Q1
    • 32. WD-40
    • Grooming for Seniors
    • Mazur Group Hosts Beauty Biz Roundtable 15
    06.30.17
    Cincinnati, OH
    www.pg.com

    Sales: $35 billion for household, oral and personal care products.

    Corporate sales: $65.3 billion.

    Key Personnel: David S. Taylor, chairman, president and chief executive officer; Mark Biegger, chief human resources officer; Steven D. Bishop, group president, global health care; Giovanni Ciserani, group president, global fabric & home care and global baby and feminine care; Linda W. Clement-Holmes, chief information officer and advisor to the chairman; Gary Coombe, president, Europe selling and market operations; Philip J. Duncan, global design officer; Mary Lynn Ferguson-McHugh, group president, global family care and global brand creation and innovation, P&G Ventures; Thomas M. Finn, global personal health care; Kathleen B. Fish, chief technology officer; Fama Francisco, president, global feminine care; William P. Gipson, president, end-to-end packaging transformation and chief diversity officer; Shaliesh G. Jejurikar, president, global fabric care and brand building; Henry Karamanoukian, senior vice president, go-to-market, China; R. Alexandra Keith, president, global skin and personal care; Alex Keith, president, global beauty; Deborah P. Majoras, chief legal officer and secretary; Jon R. Moeller, chief financial officer; Julio Nemeth, president, global business services; Charles E. Pierce, group president, global grooming; Javier Polit, chief information officer; Juan Fernando Posada, president, Latin America selling & market operations; Matthew S. Price, president, greater China selling & market operations; Marc S. Pritchard, chief brand officer; Mohamed Samir, president, India, Middle East and Africa selling & market operations; Jeffrey K. Schamburger, global sales officer; Yannis Skoufalos, global product supply officer; Magesvaran Suranjan, president, Asia Pacific Selling & Market operations; Carolyn Tastad, group president, North America Selling & Market Operations; George Tsourapas, president, global home care and P&G Professional.

    Major Products: Beauty care—cosmetics, fragrances, hair care, antiperspirants and skin/beauty care marketed under such brands as Aussie, Gillette, Head & Shoulders, Herbal Essences, Ivory, Olay, Old Spice, Pantene, Rejoice, Safeguard, Secret, SK-II. Fabric and Home care—dish care, household cleaners and laundry care including brands such as Ace, Ambi Pur, Ariel, Bold, Bounce, Cascade, Cheer, Comet, Dash, Dawn, Daz, Downy, Dreft, Era, Fairy, Febreze, Gain, Joy, Lenor, Mr. Clean, Mr. Proper, Rindex, Swiffer, Tide, Viakal; Oral care—Crest, Fixodent, Oral-B, Scope.

    New Products: Dreft Purtouch, Tide Pods plus Downy, Febreze One, Duo (Olay, Ivory and Old Spice), Old Spice Hydro Wash, Art of Shaving fragrance collection, P&G Professional Improved Online University, Cascade Platinum, Fabric Enhancers Beads (Downy, Gain, Lenor, Bounce and Dreft).

    Comments: P&G is lighter, but there’s still some heavy lifting ahead. More than a year ago, P&G sold a slew of personal care brands to Coty as part of its plan to be nimble and focused on 65 core brands. Now, more than a year into the process, the company is still struggling to find itself in a rapidly-changing market.

    “We are a much simpler company,” explained CFO Jon Moeller at a CAGNY Conference in February. For example, the number of manufacturing sites, platforms and enrollment have all been slashed. Furthermore, category/country combinations were slashed 70% from 140 to just 50. Laundry, hair and skin care SKUs were cut 30% and oral care SKUs were reduced by 20%. But a leaner P&G is still counting on innovations such as Tide Pods 4-in-1 with Downy, fabric enhancer beads.

    The new P&G is looking for balanced growth and value creation via sales growth, cash generation and margin expansion. Part of the gains will come from an overall haul of its advertising budget. P&G has cut advertising, PR and other agencies by 50%. Like many other FMCG companies, P&G says neither traditional advertising, nor online have lived up to their promise.

    At CAGNY, Moeller expected fiscal 2017 all-in sales to be flat and organic sales to rise 2-3%.

    Three-quarters of the way through fiscal 2017, the company is still finding its way as corporate sales dipped less than 1% to just under $49 billion. Beauty sales declined 1% to $8.6 billion, grooming fell 3% to $4.9 billion, and fabric & home care dropped 1% to $15.5 billion.

    Gains in skin and personal care provided a lift to beauty sales. Procter & Gamble was pleased with the continued growth of SK-II its premium skin care brand, which helped offset lower volume in retail skin care. Organic hair care sales were flat.

    Grooming sales were hurt by lower prices and volume. The Dollar Shave Club concept is clearly cutting into Gillette’s sales. To help remedy the situation, the brand recently introduced Gillette On Demand, a traditional subscription-only option along with a flexible on-demand purchase option that it is calling “an industry-first re-order process that is as simple as sending a one-word text message.”

    Company executives say the new strategy is a cut above Dollar Shave Club’s strategy. According to Gillette, a 2015 Nielsen Homescan study found that 41% of guys who decided to leave traditional shave clubs said they were getting more blades than they needed. But the men’s grooming brand contends that Gillette On Demand is the industry’s first as-needed ordering option.

    “Ordering blades has never been easier than we’re making it today,” said Mark Jeffreys, brand director, Gillette. “Gillette On Demand’s as-needed ordering capabilities and its convenient subscription options give guys smart choices, not trade-offs. This new service puts them in control without having to choose between convenience and flexibility, or between great quality and value.”

    Health care volume and sales increased behind higher organic volume in both oral care and personal health care. Power toothbrushes provided a lift.

    Fabric and home care volume and organic sales were up 1%. Home care organic sales fell low single digits as increased volume due to product innovation and increased customer support was more than offset by unfavorable geographic mix. Fabric care organic sales increased low single digits due to increased organic volume and favorable product mix from premium forms in developed markets and increased pricing in developing markets.

    The declines for the nine months ended March 31, 2017 were modest and better than fiscal 2016 results when net sales fell 8% to $65.3 billion, which the company blamed primarily on a strong dollar. Organic sales rose 1% as increased pricing more than offset a 3% decline in volume. Fabric & Home Care accounted for 32% of sales, followed by Baby, Feminine & Family Care (28%), Beauty (18%), and Grooming and Health Care (11% each). P&G has more than 20 billion-dollar brands and is the leader in retail hair care with more than a 20% share. In grooming, P&G is the leader in blades and razors with a nearly 65% share. In oral care, P&G is No. 2 (behind Colgate) with a 20% share. Finally, in home care, P&G is No. 1 on the strength of Tide, Ariel and Downy. 

    Taking a closer look at the categories, beauty sales fell 9% to $11.4 billion. Hair care volume fell mid-single digits in both developed and developing markets. Skin care and personal care volume declined in the high single digits due, in part to the divestures of Camay and Zest and the Venezuelan deconsolidation. Health care sales fell 5% to $7.4 billion due to a 2% decline in unit volume and 6% decline on Forex. P&G noted that oral care volume fell in the low single digits due to a high single-digit decrease in developing regions caused by higher prices, more competition and less customer inventory. Meanwhile, volume in developed regions increased low single digits driven by product innovation. Fabric and home care sales fell 7% on a 1% decline in unit volume. Unfavorable foreign exchange reduced net sales by 6%. Fabric care volume declined low single digits due to a double-digit decrease in developing regions driven by increased pricing, reduced distribution of less profitable brands, minor brand divestitures and the Venezuela deconsolidation. Organic volume in developing regions decreased high single digits. Volume in developed markets increased mid-single digits due to innovation and increased marketing. Global market share of the fabric care category was flat. Home Care volume increased low single digits, as developed market volume increased low single digits as benefits from product innovation more than offset impacts from competitive activity. This was partially offset by a low single-digit decrease in developing regions following increased pricing. Global market share of the home care category was down slightly, according to P&G.

    As P&G continues to evolve, company executives insist productivity savings from fiscal 2017 through 2021 could reach $10 billion. They’ll come through a combination of a reduction of manufacturing expenses, transportation and warehousing, and raw and pack materials. Transforming its supply chain will link P&G to its customers, according to the firm.

    And yet, for all its efforts, some say P&G executives aren’t doing enough to boost the company’s and investors’ fortunes. Last month, P&G said it is in “ongoing constructive, active” talks with Trian Fund about the future of its brands, and is willing to take ideas from the hedge fund about how to improve its business. Trian has been increasing its stake in P&G, and an SEC filing last month showed it held more than 36M shares. The hedge fund, like investment houses before it, is urging P&G to consider a breakup that would unlock the company’s value.
    Related Searches
    • Oral Care
    • executives
    • Care Products
    • dollar
    Related Knowledge Center
    • Skin Care
    • Air Care/Environmental Fragrance
    • AP/Deo
    Suggested For You
    P&G Reports Q4 and Full Year 2021 Results P&G Reports Q4 and Full Year 2021 Results
    P&G Sales Up 9% in Q1 P&G Sales Up 9% in Q1
    32. WD-40 32. WD-40
    Grooming for Seniors Grooming for Seniors
    Mazur Group Hosts  Beauty Biz Roundtable 15 Mazur Group Hosts Beauty Biz Roundtable 15
    Unilever Expands in Latin America with Quala’s Brands Unilever Expands in Latin America with Quala’s Brands
    Gillette Offers On-Demand Razor Delivery via Text Message Gillette Offers On-Demand Razor Delivery via Text Message
    P&G Q3 Results Disappoint P&G Q3 Results Disappoint
    Sluggish Q3 for P&G Sluggish Q3 for P&G
    Keep it Clean Keep it Clean
    Unilever Unveils Q1 Performance Unilever Unveils Q1 Performance
    Personal Care Solutions from Ashland Personal Care Solutions from Ashland
    Salon Sales Increase 3% to $62 Billion in 2016 Salon Sales Increase 3% to $62 Billion in 2016
    Morning Routine ‘DUOver’ with P&G and Daybreaker Morning Routine ‘DUOver’ with P&G and Daybreaker
    Sustainable for Generations to Come Sustainable for Generations to Come

    Related Content

    • Color Cosmetics
      P&G Reports Q4 and Full Year 2021 Results

      P&G Reports Q4 and Full Year 2021 Results

      Fourth quarter net sales increased seven percent to $18.9 billion.
      08.03.21

    • Disinfectants | Hair Care | Household Cleaning | Laundry Care | Oral Care | Personal Cleansers | Skin Care
      P&G Sales Up 9% in Q1

      P&G Sales Up 9% in Q1

      Raises FY 2021 outlook as laundry and home care sales pace gains.
      Happi Staff 10.20.20

    • Household Cleaning | Personal Cleansers
      32. WD-40

      32. WD-40

      ...
      06.30.17


    • Personal Cleansers
      Grooming for Seniors

      Grooming for Seniors

      Gillette's handle with care message.
      06.30.17

    • Color Cosmetics | Hair Care | Personal Cleansers | Skin Care

      Mazur Group Hosts Beauty Biz Roundtable 15

      ...
      06.04.17

      Trending
      • P&G Closes HQ Due To Security Threat, Launches New Hair Care Line | HAPPI
      • L'Oréal Invests In Sparty, A Personalized Beauty Startup | HAPPI
      • P&G Debuts Natural, Sustainable Hair Care Exclusive To Costco Stores | HAPPI
      • Ulta Beauty Launches UB Media To Help Brands Reach 37 Million ‘Ultamate Rewards’ Members | HAPPI
      • Vital Proteins Rolls Out Jennifer Aniston Wellness Bars | HAPPI
      Breaking News
      • Croda Achieves Highest Carbon Management Level in Ecovadis’ New Carbon Scorecard
      • OleHenriksen’s “Big Oh Duo” Pairs New Body Skincare and Sexual Wellness Device
      • Crown Laboratories Expands Aesthetics Stable with Acquisition of Med Device Company
      • Coptis Appoints Marie Renee Thadal Vice President of Sales and Operations
      • Matrix Hair Care Introduces All-In-One Toning Leave-In Sprays
      View Breaking News >
      CURRENT ISSUE

      May 2022

      • CBD Brands Must Focus On Health Solutions
      • Hair Color Market Remains Vibrant Post-Pandemic
      • New Skin Care Products for Facial Care & Body Skin Health
      • Vitamin-Infused Beverages & Beauty Supplements Lift Wellness
      • Laboratory Skin Care’s Hydroxysomes Dermal Delivery Platform
      • Formulating Skin Care Products with Pear Enzyme Technology
      • A Post-Pandemic Pause in Home Cleaner Sales

      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

      Vitafoods Europe 2022 Attendance Returns to 2019 Level
      Beyond Raw Launches Concept X Pre-Workout Line
      Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort
      Coatings World

      Latest Breaking News From Coatings World

      Birla Carbon to Present Sustainable Carbon-based Solutions at PaintIndia 2022
      BTC Europe, NXTLEVVEL Biochem to Distribute Biobased & Biodegradable Solvents in Europe
      Nouryon Issues 2021 Sustainability Report
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      First Patient Enrolled in Alucent Biomedical's Vascular Scaffolding Clinical Trial
      Mack Prototype Boosts Additive Manufacturing Capabilities
      Dexcom Reportedly in Talks to Acquire Insulet
      Contract Pharma

      Latest Breaking News From Contract Pharma

      A Clean Sweep for AES at FOYA Awards
      Lonza, IBF Partner on Drug Development, Manufacture for Portfolio Cos
      INCOG BioPharma Services Opens Biomanufacturing Facility
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Estée Lauder Promotes Gibu Thomas to EVP, ELC Online
      HipDot Launches Girl Scout Cookie Collection
      L’Oréal Invests in Japanese Beauty Startup, Sparty
      Happi

      Latest Breaking News From Happi

      OleHenriksen’s “Big Oh Duo” Pairs New Body Skincare and Sexual Wellness Device
      Crown Laboratories Expands Aesthetics Stable with Acquisition of Med Device Company
      Coptis Appoints Marie Renee Thadal Vice President of Sales and Operations
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News
      Nazdar Celebrates 100 Years with a New Look
      hubergroup Chemicals Exhibits at Paint India for First Time
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Sihl launches materials for on-demand color label printing
      Siegwerk releases flexible packaging ink
      Sun Chemical expands SunColorBox range with SunConnect
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Ahlstrom-Munksjö Announces Reorganization of Decor Business Ownership
      Jones Names COO
      Ontex Conducts Pilot Program of Digital Incontinence Care Solution
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      James W. Stone Named AANA President
      Tom Hedman Named Senior Principal Scientist at Spinal Simplicity
      ODT's Most Read Stories This Week—May 21
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: Graphene Flagship, Japan Display and LG Display Top This Week’s Stories
      Evonik Launches New Processing Aids for PV Wafer Cutting
      NREL Creates Highest Efficiency 1-Sun Solar Cell

      Copyright © 2022 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