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Procter & Gamble

P&G’s market share growth; Q2 EPS of $1.11; Core EPS of $1.13, ahead of guidance range

The Procter & Gamble Company (NYSE: PG) announced second quarter diluted net earnings from continuing operations of $1.11 per share, an increase of 10 percent. Core EPS was up three percent to $1.13 per share, $0.02 per share above...

FMCG space gears up for greater consumption

With the economy poised to grow at a steady pace this fiscal, it is hardly surprising that fast-moving consumer goods (FMCG) companies are trying to move into the fast lane in India.India has one of the fastest growing consumption...

Helen of Troy Ltd acquires Kaz Inc

US-based Helen of Troy Limited, designer and marketer of private label personal care and household consumer products, has completed the acquisition of Kaz Inc. - a health care and home environment consumer solutions provider. Gerald J. Rubin, Chairman,...

New innovation by Olay Professional Pro-X

P&G's Olay Professional Pro-X introduces new advanced cleansing system, the first at-home facial cleansing tool that promises to cleanse and exfoliate as effectively as a professional cleansing system.Designed by the Olay Professional alliance for skincare innovation, a group...

P&G reaffirms sustainability commitment

Beginning January, Procter & Gamble will start shipping its first products that include sustainable and recyclable plastic sourced from Brazilian sugarcane."Beauty is the first category from the consumer products giant to kick off the new sustainable effort, to be...

Kroger names Geoffrey J. Covert as senior VP of retail operations

The Kroger Co has announced the appointment os Geoffrey J. Covert as senior vice-president of retail operations, effective January 1, 2011. Covert joined Kroger in 1996. He has served as president of the company's Cincinnati/Dayton division for...

Coty procures OPI

Coty, the global French company, has overtaken FMCG giant, P&G, in the OPI deal. Settling the much-talked about OPI acquisition speculation, Coty has announced that it going to buy the California-based salon-professional nail polish brand. Although the financials of...

HUL to manufacture Pond’s in India

In a bid to take on rivals, Olay and Garnier, head on, in the anti-ageing segment, FMCG giant, HUL, will now locally manufacture its anti-ageing products to bring down the prices. It has already begun the local production of...

P&G’s strategy for brand building

Procter & Gamble’s Salon professional division is banking upon brand building, education, innovation and partnerships with stylists to help develop the global haircare business. “We now have a stable of five brands that are designed to talk to every...

HUL to take P&G’s ‘Olay’ head on

Hindustan Unilever, India's largest FMCG goods company, is moving beyond mass products as the company is planning to focus on the niche, a segment where rivals are getting increasingly competitive. HUL is set to take Procter & Gamble's anti-ageing...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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