Gillette second-quarter toiletries/cosmetics sales up "moderately".
This article was originally published in The Rose Sheet
Executive Summary
GILLETTE SECOND QUARTER TOILETRIES/COSMETICS SALES "ROSE MODERATELY," the Boston-based company announced July 20. Despite the sales increase, profits for the segment "fell significantly" due to the results posted by the firm's Jafra direct sales skin care and cosmetics business in Mexico, Gillette stated. Jafra accounts for 20% of Gillette's total toiletries and cosmetics sales, the company said in a recent report on Gillette's 1995 annual meeting in April. In addition to Jafra, Gillette's toiletries/cosmetics segment includes the Gillette Series line of men's shaving preparations, aftershave products and antiperspirants/deodorants; Right Guard, Soft & Dri and Dry Idea; and White Rain shampoos, conditioners and hair styling products.