P&G news and archive

P&G appoints former Johnson & Johnson exec to board

Cosmetics and personal care giant Procter & Gamble Company (P&G) has announced the appointment of Ashley McEvoy to its board of directors. She joins the company from its direct rival, Johnson & Johnson, where she served in a series of roles over the course of three decades. Most recently, McEvoy led the firm’s Medical Devices segment as...

Business

P&G announces 2.5 billion dollar restructuring, issues Gillette writedown

Personal care and cosmetics giant Procter & Gamble (P&G) has announced that it will be undergoing a portfolio restructuring of its business operations amid ongoing “challenging macroeconomic and fiscal conditions”. The move will primarily be focused on the group’s businesses in certain Enterprise Markets, including Argentina and Nigeria, where...

Fashion |Beauty

Head & Shoulders introduces the first nine-ingredient anti-dandruff shampoo

P&G hair brand Head & Shoulders is going minimal with the launch of its newest anti-dandruff shampoo Bare, which contains just nine ingredients to cater for consumers who are more conscious than ever about what they put in and on their bodies. Bare has taken two years and more than 100 formula attempts to make, explains P&G and contains only...

BusinessFeatured

P&G reports ‘strong results’ for Q3 despite ‘difficult operating environment’

The Procter & Gamble Company (P&G) has outlined its financial results for Q3 FY23, reporting net sales of 20.1 billion dollars despite the “difficult cost and operating environment”. The company, which owns the likes of Olay, Head & Shoulders and Herbal Essence, saw a 4 percent increase in its net sales compared to the previous year, in spite of...

People

P&G taps two new board members

Retail giant P&G, whose portfolio includes a range of product categories including beauty and skincare brands, has appointed Sheila Bonini and Rob Portman as new board members. Bonini currently leads private sector engagement for global conservation organization World Wildlife Fund (WWF-US), and previously served as CEO of non-profit...

Business

P&G Beauty acquires Black-founded hair care brand Mielle Organics

P&G Beauty has announced that textured hair care brand Mielle Organics will be joining its portfolio following regulatory approval, in a bid to expand access to products and services for Black women. Operating as an independent subsidiary of P&G Beauty, the company will continue to be led by its co-founders, wife-and-husband duo Monique and...

Business

P&G Beauty step into the metaverse with virtual world, Beautysphere

Procter & Gamble (P&G) Beauty had debuted its virtual world Beautysphere, allowing visitors to virtually interact with the brand’s beauty portfolio through live and simulated content. The digital platform, which can be activated from any desktop, takes users through P&G’s responsible beauty values using immersive video content and offers...

Business|Beauty Featured

P&G Beauty acquires skincare brand Tula

Procter & Gamble is adding holistic skincare and wellness brand Tula to its growing portfolio of Prestige Beauty brands. Tula is a beauty brand built on the power of probiotic extracts and superfoods founded by Dr Roshini Raj, a practising gastroenterologist and author of Gut Renovation, alongside Bobbi Brown co-founder Ken Landis and tech...