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Gillette Blade/Razor Profits Up 14% On Gains By Premium Shavers

This article was originally published in The Rose Sheet

Executive Summary

Gillette's blade and razor profits increased 14% to $377 mil. in the third quarter, boosted by growth of the company's premium-priced shaving systems and cost savings from the firm's strategic sourcing initiative, a global expense reduction program to restrain both direct and indirect spending

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