Procter & Gamble

P&G estimates US$1 billion tariff hit, plans some US price hikes

[NEW YORK] Procter & Gamble executives projected a US$1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the Unit...

P&G’s states that “specific impacts by region or site are not available at this time”, though it offers reassurance that it would manage the planned layoffs with “support and respect, and in line with our principles and values and local laws”. 

Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore

Singapore houses P&G’s Asia-Pacific headquarters and is a major research and development facility

The company had about 108,000 employees as of June 30, 2024 and said the job cuts would account for roughly 15 per cent of its non-manufacturing workforce.

Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan

P&G also plans to exit some categories, brands and product forms in individual markets

Procter & Gamble's beauty care segment is a US$15 billion business. The challenge for the company in Asia is to navigate the region's heterogenous consumer groups.
SINGAPORE INNOVATION

From Singapore lab to No 1 US seller: P&G’s Olay serum a breakout success for Republic’s innovation push

The ‘super serum’ by Procter & Gamble is just one success story to come out of its innovation centre in Biopolis. In the first of an occasional series, The Business Times takes a closer look at the in...

Influencers on Chinese shopping app Douyin entice shoppers with deep discounts.

Procter & Gamble doubles down on China’s TikTok to reverse sales slump

PROCTER & Gamble (P&G) has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in hair care on...

Global palm oil production has expanded over the past decade, accounting for 60 per cent of world vegetable oil exports.

Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report

CONSUMER brands including Nestle and Procter & Gamble (P&G) said they conducted investigations after an environmental group said palm oil sourced from an illegally cleared wildlife reserve in Indonesi...

P&G is one of two firms in the market with US investment-grade bond deals.

Procter & Gamble back in market after record-tight 10-year sale

PROCTER & Gamble (P&G), the maker of Tide laundry detergent and Crest toothpaste, is planning to sell corporate bonds on Monday (Oct 21), according to a source with knowledge of the offering.

An uncertain economy in the US has pushed customers mainly from the lower income group to hunt for products at the cheapest price possible, hurting sales at P&G.

P&G misses quarterly sales estimates on weakening demand in US, China

PROCTER & Gamble missed Wall Street expectations for first-quarter sales on Friday (Oct 18), as consumers in its major markets, the US and China, switched to cheaper household and personal care brands...

P&G reported a 1 per cent rise in overall volumes in the fourth quarter, driven by growth in grooming and health care segments.

P&G posts surprise sales drop as demand slows despite price controls

PROCTER & Gamble posted a surprise drop in fourth-quarter sales, as demand for its Charmin toilet paper and Pampers diapers slowed globally despite efforts to keep prices in check, sending its shares ...