P&G Leaves Further Divesting Out Of Value-Building Tool Box
This article was originally published in The Rose Sheet
Executive Summary
P&G CFO Jon Moeller says splitting up or spinning off business units is a relevant question, but such moves would constitute a short-term approach while the firm is focused on long-term value building through innovation. He also discussed plans to boost promotional spending at the recent investor conference.
You may also be interested in...
P&G Scientists Discuss New Research With Strategic Skin-Care Importance
Recent studies support the anti-aging efficacy and greater tolerability of retinyl propionate compared with retinol, the benefits of a magnetic wand for delivering niacinamide deep into facial skin and the need for women of color, as well as Caucasians, to protect their skin from UV rays if they hope to be "exceptional agers," P&G says. Two of the firm's scientists discuss.
P&G CEO Pledges Driving Top-Line Growth With Consumer-Centric Focus
New P&G CEO David Taylor counts on top-line growth through a consumer-centric focus, with plans for increased R&D investment and “several hundred million” more dollars in advertising spending later in 2016. Another $10bn in cost-cutting also is being targeted over the next five years.
P&G Eyes Targeted Innovation, China Opportunities Amid Transformation
CFO Jon Moeller drives home that P&G is "operating in a more volatile environment than we ever have" as it continues shedding slow-growth brands. Hair care and grooming are high among the streamlined company's strategic priorities, as well as the US market and China.