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Procter & Gamble bets on beard oil, cleaners

FILE - Procter & Gamble Chief Brand Officer Marc Pritchard holds up the Gillette Heated Razor during a Procter & Gamble news conference, Sunday, Jan. 5, 2020, in Las Vegas. Procter & Gamble's sales were up last year, since it happens to make just about everything people needed while staying at home: Charmin toilet paper, Bounty paper towels and Tide laundry detergent. While Gillette razors sales have slumped Pritchard has talked about people's shaving habits and how P&G is creating products for consumers who are home more. (AP Photo/John Locher, file)

NEW YORK — Procter & Gamble is cleaning up during the pandemic. 

The company's sales were up last year, since it happens to make just about everything people needed while staying at home: Charmin toilet paper, Bounty paper towels and Tide laundry detergent.

One new product came at the right time: Disinfectant spray Microban 24 was released in February 2020, just before U.S. lockdowns began and as people rushed to find cleaning products that could keep surfaces and door knobs germ-free. 

"This product, as you can imagine, is on fire right now," said Marc Pritchard, P&G's chief brand officer. 

Not so hot: Gillette razors. Sales have slumped as men skip their morning shave routines while they work from home instead of the office. It is now selling beard oils and balms, a major shift for a brand that has promoted clean-shaven faces for more than a century. 


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