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P&G Bought Gillette 18 Years Ago. It’s Still Paying the Price.

Updated Dec. 5, 2023 4:45 pm ETProcter & Gamble said it was booking a $1.3 billion charge on its Gillette business, adjusting the value of a shaving giant that it took over nearly two decades ago.  P&Gbought Gillette for stock initially valued at $54 billion in 2005, making it a dominant player in the global razor business. The unit has struggled in recent years as upstarts, such as Dollar Shave Club and Harry’s, have entered the market with lower prices. As of June 2023, P&G estimated its grooming business

Best Buy Deals: Save on Laptops, TVs, Appliances, and More

One of the best places to shop for almost anything involving electronics says so right in its name: Best Buy. The retail giant has a ton of departments with some of today’s most popular devices, components, and appliances for sale. It also offers a lot of these at a discount, which is certainly what we’re seeing right now. Some of the best TV deals, best tablet deals, best laptop deals, and best phone deals can currently be found at Best Buy, and those are just the tip of the iceberg. We’ve tracked down all of the…

The Estée Lauder Family Built a Beauty Empire. A Succession Rift Threatens It

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/retail/the-estee-lauder-family-built-a-beauty-empire-a-succession-rift-threatens-it-2eb2515f This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by…

Einride’s driverless truck starts work for GE Appliances

Einride Autonomous trucking firm Einride has deployed its driverless vehicle at a GE Appliances facility in Selmer, Tennessee. The electric, cabless truck is now undertaking full time operations at the site, transporting finished products between GE Appliances’ manufacturing facility and its Selmer warehouse, Monday through Thursday. The driverless, zero-emissions vehicle is conducting as many as seven shuttles a day along the 0.3-mile (0.48-kilometer) private road, Sweden-based Einride said on Monday. GE Appliances…

P&G Earnings Show Its Pricing Power Endures

Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Gucci-Owner Kering Buys Stake in Valentino

The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far

The smartphone maker on Wednesday will show off the latest models of devices that have had limited success outside of South Korea. The smartphone maker on Wednesday will show off the latest models of devices that have had limited success outside of South Korea. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Dove Maker Unilever Still Raising Prices as Volumes Slip

The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

Why Businesses Can’t Stop Asking for Tips

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tipping-businesses-cant-stop-asking-cc1aca6c This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.…