Around the Net
Analysts: P&G Beauty Needs Makeover
- Cincinnati Inquirer, Tuesday, July 30, 2013 9:32 AM
To return Procter & Gamble to steady growth, analysts say the company must turn around its beauty care business, which generates nearly a quarter of its revenue. But it has lost some of its allure as sales and market share stalled in recent years. As of the March quarter, the beauty segment posted flat organic sales growth for the year – the worst performance among P&G’s five business segments and the worst performance for beauty since the Great Recession.
