P&G Beauty Biz Stalled, But Room For Growth Exists – CEO Lafley
This article was originally published in The Rose Sheet
Executive Summary
During an Aug. 1 earnings call, P&G CEO A.G. Lafley outlined his plan to bring the firm back to solid fiscal returns. The firm will focus on productivity and innovation and looks to grow its beauty segment by concentrating on smaller brands in skin care and hair care and by maintaining the strong momentum of its prestige business.