Gillette Writedown Was Due to Foreign Exchange, Says P&G Vice Chairman

The transcript discusses PNG's restructuring efforts, focusing on the Gillette business's market performance and challenges. It highlights the impact of foreign exchange and consumer habits on Gillette, and the company's strategies to protect other categories. The discussion also covers balancing scale with niche market trends, growth strategies through M&A and organic growth, and the effects of foreign exchange and trade wars on PNG's global operations.

What factors contributed to the restructuring of the Gillette business?

What strategies does PNG need to implement to protect other categories from the issues faced by Gillette?

What role does consumer behavior play in the challenges faced by the Gillette brand?

How has the strong dollar impacted the Gillette business?

In what ways does the trade war affect PNG's business operations?