Archive of all Procter & Gamble articles – Page 9
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Olestra: P&G wields axe on failing brands
Procter & Gamble has finally thrown in the towel and decided to scrap fat substitute Olestra as a consumer brand and Olay make-up after they failed to take off. The Olay skincare range will continue, but the make-up will go. The company has...
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Restructure: Procter & Gamble to axe 10,000 jobs worldwide
Procter & Gamble is shaking up its operations in a bid to improve competitiveness and boost long term growth. The conglomerate, which owns 300 brands in over 140 countries, is to chop nearly 10,000 jobs worldwide. Some 40% of the losses will be in...
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Global suppliers: P&G shares plunge after Turkey blow
Procter & Gamble's shares plunged after it issued a third quarter profits warning, blaming the collapse of currency in Turkey where it is market leader in nappies and soap powders. The announcement came just weeks after P&G chief executive Alan...
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News analysis: Coca-Cola and Procter & Gamble
COKE GAMBLES ON MARRIAGE Grocery behemoths Coca-Cola and P&G have turned to backscratching. Is this really a multinational dream team, ask Helen Gregory and Ed Bedington The joint venture between Coca-Cola and Procter & Gamble illustrates the...
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Global suppliers: Procter & Gamble neglecting top line'
Procter & Gamble may meet earnings estimates for the year, but clinging on to margins to secure profits is not doing much for top line growth, warned analysts after the consumer products giant released its second quarter results this week. Net...
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Procter & Gamble: Off you go Wash & Go
Procter & Gamble is looking to sell off Wash & Go so it can concentrate on its more profitable global haircare brands Pantene Pro-V and Head & Shoulders. Martin Nuechtern, president of P&G's hair care business, said: "Although Wash & Go is a...
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Procter & Gamble: Sunny D seeks low sugar halo
Procter & Gamble believes the launch of a low sugar version of Sunny Delight will boost sales by a third and help stave off negative criticism of the brand. It is also shrugging off the possible impact that Britivic's arrival in the sector with...
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P&G seeking successor to Bennett
Procter & Gamble is searching for a new marketing director for its food and beverages division following John Bennett's decision to take early retirement. Bennett, 56, retires from his post at the end of September. He said he had taken the decision...
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Jager steps down from P&G
The new boss of Procter & Gamble this week admitted its Organisation 2005 restructuring plan was a case of too much, too fast and had led to lower than expected growth in sales and earnings. Alan Lafley, who is taking over as president and chief...
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P&G launches Charmin in UK
Procter & Gamble is demonstrating its determination to grab market leadership in the fiercely competitive toilet tissue sector, by putting £28m behind this week's long awaited launch of Charmin toilet tissue. Charmin's support kicks off on January...
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P&G plans for partnership
Country-based pricing and trading terms could be a thing of the past at Procter & Gamble as it looks to develop truly global brands and work more closely with retailers. Much has been made of the benefits for retailers of dealing with suppliers on...