Police: Threats from ex-employee prompts closure of Cincinnati P&G offices

CINCINNATI — Multiple threats directed to the downtown Cincinnati offices of Proctor and Gamble prompted SWAT units Wednesday morning and a closure of the offices.

Source: Police: Threats from ex-employee prompts closure of Cincinnati P&G offices – WHIO TV 7 and WHIO Radio

P&G looking at adding a half a billion dollar expansion in Lima | News | hometownstations.com

On Monday, the Ohio Tax Credit Authority approved a tax break for the $501 million expansion project. The Lima plant will be the only P&G plant in the world to produce their Gain and Downey Unstoppable Laundry Scent Beads.

Source: P&G looking at adding a half a billion dollar expansion in Lima | News | hometownstations.com

Schick maker acquires Billie for $310M | Retail Dive

  • Edgewell, the maker of Schick, Wilkinson Sword and Skintimate, has acquired DTC razor brand Billie for $310 million in cash. The deal has closed after being cleared under the Hart-Scott-Rodino Antitrust Improvements Act, the company announced in a press release Monday.
  • Billie will continue to be led by its co-founders, Georgina Gooley and Jason Bravman.
  • The deal comes after the Federal Trade Commission moved to block two deals of similar nature: Edgewell’s acquisition of Harry’s and P&G’s acquisition of Billie.

Source: Schick maker acquires Billie for $310M | Retail Dive

P&G, Harry’s, Billie and the Battle of Blades

P&G, under its Gillette banner, has mainly sold Venus razors as its marquee women’s offering since 2000. But it believes that while Venus shoppers want “the best,” while shoppers of its new brand, Joy, are looking for simplicity and a lower price. However, pointing to customer requests for “simplicity” is a subtle dig at Gillette’s decades-old strategy, centered on debuting “new innovations” such as updated designs and endless blades that bring only marginal benefits to consumers. Joy’s launch is partial proof that this tired remix formula, which is core to big CPG brands, is losing its effectiveness. It also illustrates that P&G is attempting to move in a new direction.

Source: P&G, Harry’s, Billie and the Battle of Blades