Colgate Sees Toothpaste Growth Opportunity In Under-Brushing Countries
Executive Summary
“If you took all of these markets where people brush their teeth less than one time a day and just moved it to one time a day, you would increase the volume size of the category by 40%,” noted Colgate-Palmolive’s John Faucher in a 19 May presentation at the Goldman Sachs Global Staples Forum.
You may also be interested in...
Delaying Price Increases Dragged Down Colgate’s Q1 Results As Supply Costs Continue Climbing
High costs pummeled Q1 results down 17.9% to $559m. Net sales were up 1.5% to $4.39bn, with price hikes made late in quarter driving a 4% increase in organic sales. Hong Kong firm Hawley & Hazel Co., 50% owned by Colgate since 1985, relaunches Chinese name of its Darlie brand oral care line as Haolai.
US House Appropriators Seek Data On Fragrance Allergens In Cosmetics, ‘Balance’ In Sunscreen Regs
The House Appropriations Committee asks the US Food and Drug Administration to provide a report to Congress in two years on the resources it would need to develop a database for fragrance allergens used in cosmetics. The committee’s report accompanying FY2023 FDA funding legislation also touches on OTC sunscreen regulation, PFAS in cosmetics, skin-lightening ingredients, and more.
Consumer Brands Should Be Forces For Good, But Growth First – P&G’s Marc Pritchard
Unlike others in the industry, and arguably P&G in recent memory, P&G brands are putting growth before good in the “virtuous circle” equation as competitors lose sight of innovation and macroeconomic conditions worsen globally.