Gillette Blade/Razor Profits Up 14% On Gains By Premium Shavers
This article was originally published in The Rose Sheet
Executive Summary
Gillette's blade and razor profits increased 14% to $377 mil. in the third quarter, boosted by growth of the company's premium-priced shaving systems and cost savings from the firm's strategic sourcing initiative, a global expense reduction program to restrain both direct and indirect spending