P&G Beats Revenue Estimates, Flags Bigger Hit to Annual Profit
The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.

Decades of poor management and cheap overseas competition brought the once booming Scottish knitwear industry to its knees. Today, with a new end-consumer focus and artisanal manufacturing, there is newfound confidence in Hawick and the border mill towns of Scotland.

"Coordinated by Scottish Development International, the event underlines Scotland’s push to gain a greater piece of China’s estimated US$17 billion
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The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.
Haus Labs executive Angela Simpson and Carolyne Rapp have joined as chief marketing officer and vice president of creative respectively as the brand readies for further global expansion.
The French leather goods powerhouse reported no sales growth in Asia-Pacific excluding Japan, its biggest market, last quarter.
As part of the acquisition, Aisle 8 founder Lauren Winslade will join Lede as president of brand for its UK office, bolstering the agency’s presence in the region.
The online marketplace is looking to simplify operations and shift resources to its fastest-growing areas, Reuters reported.
Performance was weighed down by the core Moncler brand, known for its puffer jackets, which posted a 1 percent decline in revenue during the quarter.
Sales rose 5.6 percent on strong demand for Charlotte Tilbury cosmetics, as both skincare and fragrance cooled slightly.
The Indian brand will hold a special event at the Florence show.