P&G Grooming Quits Counting Blades, Innovates In New Directions While Battling DTC Disruptors
This article was originally published in The Rose Sheet
Executive Summary
In the six years since Dollar Shave Club’s viral video and pioneering business model upended the men’s razor market, P&G’s grooming business has been scrambling to reestablish itself and win back market share. The division’s first-quarter results suggest that its fresh innovation approach, updated messaging and direct-to-consumer investments are paying off, though significant competitive challenges remain.