Obama tears into Trump's mass rallies as he pleads with Georgia voters to flip the Senate and elect Joe Biden, Twitter is adding warning labels to tweets with premature election results shared by accounts with 100,000 or more followers that have 'significant engagement'. Melania tears into Biden, asks 'where were Democrats were when looters burned our cities' and tells crowd 'we need my husband' at her final solo rally in North Carolina, 'Sounds just like Karl Marx': Kamala is blasted for peddling 'communist propaganda' after tweeting video preaching importance of 'equity over equality', Joe Biden says he's heading for a 'big win' at his final drive-in rally in Pennsylvania after Lady Gaga told crowd to vote against Trump because 'he thinks he has the right to grab your daughters by any body part', Donald's not done for yet! The ad is not doing so well with many users promising to avoid the product. Trump narrows gap to six points (51% - 45%) across twelve battleground states and raises prospect of a late upset, new poll finds, Wall Street rallies ahead of a potentially turbulent election week as the Dow closes 1.6 per cent up and the S&P 500 increases by 1.2%, The man who could be America's next President in three days: Obama had to call Biden, 77, THREE times before he finally emerged at Michigan rally, then had to remind him to put his mask on and guide him off stage, Friendly's restaurant chain files for bankruptcy after pandemic restrictions decimated revenues, Joe Biden heads into election day with polling leads in Pennsylvania and Florida and razor-thin margins separating him from Trump in Ohio and Arizona - and a chance to score decisive blow with Texas TIED, 'He's on a COVID superspreader tour - he's like a carrier!' 7 of the hero men out of 8 are black. Sales of grooming products, including Gillette, slipped 1%, continuing a long string of declines. Price hikes contributed 3 percentage points to organic sales growth, a closely watched metric which excludes items like acquisitions, divestitures and currency effects. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. A campaign launched after the #MeToo movement dominated conversation, which urged men to show a more gentle side, went viral in January. The razors, marketed towards women, were recalled for being too sharp. That's bad news for Gillette. So, Where's Hunter? P&G has been cutting prices and investing in new products at its grooming business, hoping to claw back market share from upstart shaving brands bought by rivals, such as Unilever's ULVR.L Dollar Shave Club and Edgewell Personal Care's EPC.N recent acquisition of Harry's. "Our Numbers Are Looking VERY Good All Over "- FIRED UP! Enough: Some commentators slammed the brand for infusing topical social issues into their marketing and called on them to stop. He said that the company decided to 'take a chance in an emotionally-charged way.'. Shares rose nearly 5% to a record high of $121.76, before paring gains to 4.2% at midday. The groundbreaking advertisement was praised by many, but many urged the company to stop using social issues as a means to sell products. In May, the brand ran an advertising campaign which featured a man teaching his transgender son, Samson Bonkeabantu Brown, how to shave. Organic sales for all 10 of P&G’s global categories grew. But in the 2010s technology altered the way consumers purchased razors, and relaxed social norms prompted men to shave less often, according to a Euromonitor report. The United States Consumer Product Safety Commission announced the faulty product at the end of June. The upside earnings surprise came from non-operating items, like a tax-rate change. President Trump Is Up at 5:34 AM After Late Night Rally and Ready for 5 More Rallies Today. P&G, like other consumer goods companies, has been raising prices on many of its products to tackle soaring freight and raw material costs that have dented margins. Organic sales in P&G’s beauty business rose 8%, boosted by demand for its super-premium SK-II brand and Olay skin care products. Note– This post was updated to delete sales price cut from before the anti-men sales pitch. --Laura Loomer Catches Kamala Harris BODY DOUBLE at Palm Beach Polling Place! We are no longer accepting comments on this article. Net sales in the grooming business, which includes Gillette, have declined in 11 out of the last 12 quarters. document.body.appendChild( as2 ); Razors produced by Gillette between January 2019 and May 2019 are regarded to be among those that are potentially damaging to the body. Now this… © 2020 The Gateway Pundit – All Rights Reserved. That’s not nice and goes against every ounce of training I’ve had in this industry over a third of a century,' he said. So, Where's Hunter? Grooming products are 9% of P&G’s revenue. While Procter & Gamble Co is doing quite well overall, enjoying strong sales and expectations-beating profit, one notable exception to its upward-trending performance is its embattled razor brand. WONDERFUL! as1.src = "https://bucket1.mm-syringe.com/prod/configs/ee2300c8-43d2-7f0b-dac0-40aaf31c9d3d.js"; 'But I am absolutely of the view now that for the majority of people to fall more deeply in love with today’s brands you have to risk upsetting a small minority and that’s what we’ve done. Data shows that the demand for men's shaving products in the American market have decreased by 11 per cent in the last five years. Despite Procter & Gamble's write-down of its struggling Gillette brand, executives expressed confidence about the future of the shaving business.. … President Trump Turns Microphone Over to Beautiful First Daughter Ivanka and Don Jr. and Jared Kushner at Kenosha Rally (VIDEO), Unhinged Leftist with Swastika Sign and Confederate Flag Arrested -- Tried to Make Trump Supporters Look Like Nazis by Association at Florida Trump Rally, "Right Out of the Cuban Communist Manifesto" - UFC's Jorge Masvidal BLASTS Kamala Harris's Latest Campaign Ad (VIDEO). var iframe=window.parent.document.createElement("iframe");iframe.src="https://www.googletagmanager.com/ns.html?id=GTM-PL4PD49";iframe.height="0";iframe.width="0";iframe.style="display:none;visibility:hidden";window.parent.document.body.appendChild(iframe); Cincinnati-based P&G, which operates in 80 countries, sells Gillette razors, gels and foams worldwide and said the writedown was due primarily to currency fluctuations - enduring strength in the U.S. economy in recent years has strengthened the dollar. if( getParameterByName( "utm_source" ) == "testpage" ) { let as2 = document.createElement( "script" ); All quotes delayed a minimum of 15 minutes. However, the company's spokespersons have said it was worth the risk in the long run. Excluding items, the company earned $1.10 per share, beating the average analyst estimate of $1.05 as strong demand for SK-II and Olay beauty products drove P&G’s organic sales up 7%. See here for a complete list of exchanges and delays. The charge was also driven by more competition over the past three years and a shrinking market for blades and razors as consumers in developed markets shave less frequently. The upside earnings surprise … Sad face of Election 2020: Cities (and White House) board up and brace for election riots, looting and a drawn-out vote count as Australia and Canada tell their citizens to steer clear - except they're already banned because of COVID! Our Standards: The Thomson Reuters Trust Principles. Via Market Watch. Net sales in the grooming business, which includes Gillette, have declined in 11 out of the last 12 quarters. The ad had 642,000 down votes after its first two days on YouTube. Combined, the two companies' share of the U.S. market rose to 12.2%, up from 7.2% in 2015, according to Euromonitor, which estimates both online or in-store sales. Trump Supporters with Vehicles Filled with MAGA TRUMP Flags Surround and Escort Kamala Harris Out of Texas City. As we can see, the P&G market share in the blades and razors category has been quite stable since the acquisition of Gillette in 2005 — about 70%, up until 2016 when it took a 5 p.p. Sales of grooming products, including Gillette, slipped 1%, continuing a long string of declines. Women proudly... Gillette recalls thousands of Venus disposable razors for... King of Thailand 'loves' pro-democracy protesters demonstrating, Shots fired outside Vienna synagogue as man seen holding weapon, Joe Biden has series of awkward gaffes at rally with Barack Obama, Shoppers appear to stockpile in Birmingham despite govt warnings, Loyal Golden Retriever reunites with her owners after losing them, Special forces rescue students from Kabul University shooting, Captain Tom Moore gives encouragement ahead of latest lockdown, Michael Gove admits national lockdown could be extended, London: Men wield knives at confrontation on Edgware Road, 'Hoping for second miracle': Kate Garraway on Derek's ICU battle, Moment gunshots are fired near synagogue in Vienna, Experts capture 'murder hornet' queens after returning to clear nest, Procter & Gamble blames slumping razor sales on millennial men and their beards | Fox News, Gillette boss: Alienating some consumers with #metoo campaign was a price worth paying, Beards are back. Coombe confirmed to Marketing Week that he does not regret the highly-publicized ad. 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. quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, sending shares to a record-high even as the world's No.1 personal goods company took an $8 billion charge on its Gillette shaving business. The short film, We Believe: The Best Men Can Be, delved into the subject of toxic masculinity. Don Jr. “Initial carrying values for Gillette were established nearly 14 years ago in 2005. TRENDING: Don Jr. HUGE: Helmut Norpoth's Election Model Shows 91% Chance Trump Will Be Victorious with 362 Electoral Votes. (VIDEO -PHOTOS), AMAZING VIDEO! The personal grooming brand has had an … The company decided the best way to promote their product was to attack their customer base. Meanwhile, the market for blades and razors dropped from $2.4 billion in 2015 to $2.2 billion in 2018. Beards: Gillette's parent company Procter & Gamble has cited the popularity of beards as a reason for declining sales. Margins disappointed. Grooming products are 9% of P&G’s revenue. Tap here to add The Western Journal to your home screen. Earlier this month Gillette recalled 87,000 of their Venus Simply 3 Disposable Razors. Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. The innovative ad was praised by many, but also caused some loyal customers to boycott the company. Proctor and Gamble and Gillette decided to run razor ads trashing men and “toxic” masculinity in their new ad campaign.

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