Tag: personal care products

P&G Bought Gillette 18 Years Ago. It’s Still Paying the Price.
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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&G bought 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 was worth about $14.1 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Using Keratin Treatments or Hair-Straightening Creams? Research Suggests Potential Cancer Risk.
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Using Keratin Treatments or Hair-Straightening Creams? Research Suggests Potential Cancer Risk.

Millions of women are using hair-straightening treatments and products that might be harmful to their health.More research is linking chemicals in these products to an increased risk of uterine, ovarian and breast cancer. Studies also suggest that frequent use of such products can negatively affect puberty and pregnancy. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
How Fara Homidi Got People to Splurge on This $88 Lipstick
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How Fara Homidi Got People to Splurge on This $88 Lipstick

Fara Homidi calls herself a “mouth watcher.” The makeup artist has always loved observing people talk, smile, laugh. Do their lips quiver when they talk about a certain someone? What do their teeth look like? She finds that people display a lot of personality with their mouths. So when she decided to launch her first makeup line this year, she knew it had to be lip-focused.What she didn’t know was that her $88 sky-blue lip compact would become an immediate object of desire. The refillable metal compact, which includes a lip balm and a colored pigment, comes in just two nudes and two reds. Homidi also sells a $36 lip pencil, a $58 lip brush and a $298 pouch. There’s more on the horizon—she wants to play on the same field as fellow artists Charlotte Tilbury and Pat McGrath, both of whom hav...
The Estée Lauder Family Built a Beauty Empire. A Succession Rift Threatens It
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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
Warren Buffett’s Berkshire Hathaway Sheds Investments in GM, J&J and P&G
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Warren Buffett’s Berkshire Hathaway Sheds Investments in GM, J&J and P&G

Warren Buffett’s Berkshire Hathaway eliminated its stake in a handful of American blue chips, including General Motors and Johnson & Johnson, while the stock market’s rally sputtered in the third quarter.The company also sold off smaller positions in Procter & Gamble, Mondelez International and United Parcel Service, while trimming its investments in Amazon.com, Chevron and HP, among others.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
It’s Warm. It’s Bronze. It’s Everywhere. How ‘Latte Makeup’ Became Fall’s Hottest Beauty Trend
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It’s Warm. It’s Bronze. It’s Everywhere. How ‘Latte Makeup’ Became Fall’s Hottest Beauty Trend

ANYONE WHO lived through the 1990s (or has watched Apple TV+’s docuseries “The Super Models”) no doubt remembers the decade’s taste for brown makeup. To emulate era-defining faces such as model Linda Evangelista and R&B star Brandy—both particularly partial to mocha-hue lips—women embraced earthy maquillage en masse. Today, amid an amber wave of ’90s-style nostalgia, makeup brands are revisiting such tones, but the look du jour is an evolution, not a reproduction.Fans of “latte makeup,” as it’s been dubbed, include celebrities such as models Hailey Bieber and Lori Harvey, and actress Shay Mitchell—as well as legions of Gen-Z TikTok users. The look kicks the original ’90s trend up a notch with added dimension and luminosity. “Neutral tones and monochromatic shades are elevated and soph...
What Does Gen Z Think of Goop?
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What Does Gen Z Think of Goop?

With a new, affordable skin-care line and product input from her daughter, Gwyneth Paltrow is positioning her luxury lifestyle brand for a new audience. Are younger beauty consumers buying?
Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening
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Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening

Updated Nov. 5, 2023 12:01 am ETHONG KONG—Leading Western brands in China are feeling the pinch from the country’s consumer slump.From luxury cosmetics firm Estée Lauder to apparel maker Canada Goose and iPhone seller Apple, companies are reporting weak results, with some saying customers aren’t reopening their wallets almost a year after Covid-related isolation ended.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Beiersdorf Upgrades Sales Guidance on Strong Performance
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Beiersdorf Upgrades Sales Guidance on Strong Performance

Beiersdorf upgraded its sales guidance for the full year after recording a strong performance in the first nine months.The German personal-care company said Wednesday that it now expects organic sales growth to be low double-digit range. It had previously forecast growth in the high single-digit to low double-digit range.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
P&G Washes Away Consumer Blues Everywhere but China
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P&G Washes Away Consumer Blues Everywhere but China

Oct. 18, 2023 11:29 am ETProcter & Gamble sees a recovering consumer everywhere but in one market, which just so happens to be the world’s second-largest economy. That is encouraging news for the company itself, but an unsettling message more broadly about the state of China. The maker of Tide detergent and Gillette razors on Wednesday said its organic sales, which strip out the impacts of currency movements and mergers, rose 7% from a year earlier in the three months through September. As has been the case in prior quarters, this was entirely thanks to price increases, as underlying volumes fell 1%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8