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The only section of P&G that had a loss was ?? Gillette
Gillette had a long history and the customers have made their decision known.
Maybe this is a course of how to destroy a company?
2nd Source:
https://americanhistory.si.edu/collections/search/object/nmah_1153449
3rd Source:
https://www.breitbart.com/tech/2019/08/02/gillette-loses-8-billion-as-sales-drop-following-woke-commercials/
Gillette had a long history and the customers have made their decision known.
Maybe this is a course of how to destroy a company?
2nd Source:
https://americanhistory.si.edu/collections/search/object/nmah_1153449
3rd Source:
https://www.breitbart.com/tech/2019/08/02/gillette-loses-8-billion-as-sales-drop-following-woke-commercials/
Shaving
Culture
Business
Posted >1 y ago
Responses: 1
I don't think that ad helped them in the short term, but it's a little wild to think that a company lost $8 billion solely due to an ad. The hair grooming industry has been on the decline for a while now and Gillette doesn't have the same market share it used to.
https://www.vox.com/the-goods/2018/12/11/18134456/best-razor-gillette-harrys-dollar-shave-club
https://www.vox.com/the-goods/2018/12/11/18134456/best-razor-gillette-harrys-dollar-shave-club
The absurd quest to make the "best" razor
The $3.5 billion shaving industry is secretive and litigious — and disrupting itself silly.
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PO3 (Join to see)
SSG Carlos Madden - I would agree that there are many things affecting the market. I don't think its anything for a crazy panic. But it is a trend that is affecting businesses. Of course when a business like Gillette shoots their own foot, well that's funny.
Fewer successful marriages, fewer births, fewer people that grow up to buy Cars, Homes and Consumer goods. These show trends and culture shifts.
Toy stores closing many locations
Source:
https://duckduckgo.com/?q=toy+stores+closings&atb=v155-1&ia=web
Bridal stores closing many locations
Source:
https://duckduckgo.com/?q=bridal+stores+closing&atb=v155-1&ia=web
Fewer successful marriages, fewer births, fewer people that grow up to buy Cars, Homes and Consumer goods. These show trends and culture shifts.
Toy stores closing many locations
Source:
https://duckduckgo.com/?q=toy+stores+closings&atb=v155-1&ia=web
Bridal stores closing many locations
Source:
https://duckduckgo.com/?q=bridal+stores+closing&atb=v155-1&ia=web
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