Reporter – US
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Latest From Eileen Francis
Colgate agrees to purchase Hello Products direct-to-consumer oral care brand, complementing its Colgate brand and its Tom’s of Maine natural-positioned line. The firm will pay with a combination of cash and debt in the deal expected to close no later than the end of February.
P&G’s grooming segment grew 4% in its latest quarter, the third consecutive of organic growth as the Gillette brand wins 18m customers in 12 months. The results suggest investments the company made to ward off subscription-based competitors are starting to pay off.
Doc of Detox Black Gold supplement claims for Alzheimer’s, cancer, diabetes, fatigue and heavy metal toxicity were reviewed in industry self-regulation forum. But Canadian firm International Institute of Health didn’t submit supporting evidence.