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Procter & Gamble Posts Weaker Sales, Earnings In 3Q Of Fiscal Year 2017

Procter & Gamble Company said net sales declined 1 percent to $15.6 billion in the third quarter of fiscal year 2017, compared with the same quarter in the previous year. Organic sales increased 1 percent, with diluted net earnings per share dropped 4 percent to $0.93 from the previous year. Core earnings per share increased 12 percent to $0.96. Operating cash flow was $3.0 billion, the company said.

"P&G Announces Third Quarter Earnings", Procter & Gamble, April 26, 2017

Flossy Brush Launches Toothbrush That Comes With Flossing Aid

Start-up company Flossy Brush launched the Flossy Brush, an oral care product that combines the features and benefits of a toothbrush and a flossing aid. According to the company, the toothbrush comes in a “simple, clean and compact design”, with the product's one end working as a toothbrush and the other end designed as a flossing aid. Flossy Brush said the product is designed to deal with issues keeping some people from flossing: the need for hand dexterity and the time and inconvenience that usually come with flossing.

"New Innovative 2-in-1 Flossy Brush Leaves Teeth Feeling Clean and Healthy", PR Newswire, April 25, 2017

L'Oreal USA Starts Building Commercial Solar Array In Kentucky

L’Oreal USA started building a commercial solar array at its manufacturing plant in Florence, Kentucky. Expected to be completed by September 2017, the array will feature 4,140 solar panels. L’Oreal USA expects the solar array, which is being built by contractor Scenic Hill Solar, will give the company 1.42 megawatts of renewable solar power, locking in electricity costs for the next 30 years.

"P&G competitor begins construction of massive Greater Cincinnati solar project", Cincinnati Business Courier, April 20, 2017

Unilever Posts Strong Revenue Gains In First Quarter Of 2017

Unilever PLC reported revenue jumped 6.1 percent to €13.3 billion in the first quarter of 2017, compared with the same quarter in 2016. According to the company, underlying sales rose 2.9 percent, higher than analyst forecasts of 2 percent. Underlying sales in emerging markets increased 6.1 percent, with price up 5.3 percent and volume 0.8 percent higher. Unilever said it has increased its quarterly dividend by 12 percent to €0.3585 per share.

"Unilever Trading Statement First Quarter 2017", Unilever, April 20, 2017

Suave Professionals Launches Campaign Featuring "Fake" High-End Haircare Products

Unilever's Suave Professionals haircare brand launched the “evaus” marketing campaign. Featuring evaus, a fictional high-end brand of haircare products that were actually Suave products, the campaign aimed to prove that consumers do not need to pay a higher price for quality haircare products. As part of the campaign, Suave sent bottles of evaus products to millennial beauty influencers who tried and liked the products after using them for two weeks.

"Introducing “Evaus” Premium Hair Care ", MultiVu, April 19, 2017

Kiko Milano Launches Brazil Business; Opens Two Stores In Sao Paulo

Italian cosmetics brand and retailer Kiko Milano launched its business in Brazil by opening two stores in Sao Paulo. According to the company, it plans to open five more new stores in the country’s capital by the end of 2017. Kiko Milano plans to invest €5 million in the opening of the seven stores in the city, according to Isabel de Almeida, the company’s brand director in Brazil. Legal problems related to importation process forced the company to delay its launch in Brazil, which was previously planned for 2016.

"Kiko Milano Celebrates 20 Years and Adds Brazil to its Global Expansion Strategy", Premium Beauty News, April 11, 2017

 
Companies, Organizations  

Unilever Nigeria Posts Strong Sales, Profit Gains In 1Q 2017

Unilever Nigeria Plc reported sales jumped 32 percent to N22.2 billion in the first quarter of 2017, compared with N16.8 billion in the same quarter of 2016. Profit after tax reached N1.6 billion, with operating costs rising 31 percent to N19.4 billion.

"Unilever Nigeria Q1 results show continued strong growth", Guardian , April 19, 2017

Procter & Gamble Expands Browns Summit Warehouse Serving Bryan Road Factory

Procter & Gamble Co. is investing $8.89 million to expand a warehouse in Browns Summit used for storage of raw materials used in the manufacture of oral care and antiperspirants and deodorants at the Bryan Road factory. According to company spokesman Jeff LeRoy, the planned 22,000-square-foot addition is expected to be completed by December 2017.

"Procter & Gamble's Triad plant gets $8.89M warehouse expansion", bizjournals.com, April 19, 2017

Procter & Gamble Appoints Javier Polit As CIO

Procter & Gamble said it has appointed Javier Polit as its new chief information officer, succeeding Linda Clement-Holmes, who is retiring after 35 years with the company. Before joining P&G on April 17, 2017, Polit was global CIO for The Coca Cola Company's Bottling Investments Group, a position he held since 2007. Polit's projects at BIG included the deployment of a salesforce automation system and cashless payment systems.

"Procter & Gamble names Coke IT vet as new CIO", CIO , April 19, 2017

Brand expert takes over reins of Unilever PH

Philippine Daily Inquirer , April 28, 2017

Press Release  

Shiseido Joins UN Women To Promote Gender Equality In Japan

Shiseido Company, Limited, has agreed to partner with the United Nations Entity for Gender Equality and the Empowerment of Women to lead the promotion of gender equality in Japan. According to the partners, they have reached an agreement because they “pursue the same cause.” Shiseido supports women's advancement, while the UN Women campaigns for gender equality worldwide. As part of its support for gender equality, Shiseido will launch gender education programs for the country's younger generation.

"Shiseido Signs Agreement with UN Women to Lead the Promotion of Gender Equality in Japan", Shiseido, April 26, 2017

JCPenney And Sephora Plan To Open More Sephora Inside JCPenney Locations

JCPenney and Sephora expanded their partnership to open 70 new Sephora inside JCPenney stores and 32 expansions starting on May 5, 2017. First launched in 2006, Sephora inside JCPenney is a beauty retail concept that features carefully selected cosmetics and personal care brands available in JCPenney branches. In 2017, almost 650 JCPenney stores feature the retail concept.

"JCPenney Partners with Sephora to Expand Beauty Retail Offerings with 70 New Locations and 32 Expansions Nationwide", J.C. Penney, April 24, 2017

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