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Procter & Gamble (English name: Procter & Gamble, P & G for short, Chinese abbreviation for P & G) is headquartered in Cincinnati, Ohio. There are nearly 110,000 employees worldwide. In 2008, Procter & Gamble was the 6th largest company in the world in terms of market value and the 14th largest company in the world by profit. It is also the tenth most admired company in the Fortune 500. [1]

Procter & Gamble

Procter & Gamble (English name: Procter & Gamble, P & G for short, Chinese abbreviation for P & G) is headquartered in
Procter & Gamble (English name: Procter & Gamble) was founded in 1837, is a global consumer goods
Created in 1837
In March 2019, Procter & Gamble (PG.N) announced its delisting from Euronext Paris and will still be listed on the NYSE. [8]
Procter & Gamble is a Global 500 company in China
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On the evening of July 7, 2014, Beijing Fortune Chinese.net released the latest "Fortune" Global 500 Rankings, and Procter & Gamble ranked 92nd. [11]

P & G layoffs

Procter & Gamble Global Chief Executive Officer Mai Ruibo announced that as part of the $ 10 billion plan to reduce expenses by fiscal 2016, the company will lay off 5,700 jobs in the non-production sector, which will be completed by June 30, 2013. . [13]

Procter & Gamble changes

Lafley was the CEO of Procter & Gamble from 2000 to 2009. His return is widely regarded as a signal that the Procter & Gamble board does not consider any current executive to be qualified as CEO. Throughout the company's 175-year history, CEOs have been promoted by insiders.
According to people familiar with the matter, Procter & Gamble Co. (PG, also known as Procter & Gamble) plans to promote four senior managers to new leadership positions, a move that will publicly determine the CEO of AG Lafley. Succession candidate.
Lafley, who has retired, came back on May 23, 2013, replacing Robert McDonald as CEO of P & G, helping the company achieve recovery. Mai Ruibo was the successor personally chosen by Lafley before his retirement.
The four division presidents are expected to be filled by senior executives with positions lower than the CEO. According to people familiar with the matter, candidates include Melanie Healey, president of the North American Group, David Taylor, president of the Global Home Care Group, Martin Riant, president of the Global Baby Care Group, Giovanni Ciserani, president of the Global Toiletries Group, and Deborah Henretta, president of Global Beauty Care Group.
A person familiar with the matter said that the candidates for the CEO will not only include the four division presidents.
A person familiar with the matter revealed that McRaebo was already in the process of selecting four department presidents while he was still in office. A person familiar with the matter said that Lafley, who will be 66 years old, will support the strategy next month.
However, people familiar with the matter said that Lafley is not expected to be the CEO of Procter & Gamble for more than two to three years. One of his first tasks is to select a group of candidates who can take his place in the company.
People familiar with the matter said that Procter & Gamble is working on a restructuring plan that will divide various consumer brands and products into four departments, each headed by a president. The presidents of the four divisions will be responsible for the financial performance of their respective divisions and will report directly to Lafley.
Phoenix Industry and Commerce "Bright Sword" Counterfeit and Inferior and Procter & Gamble Company Fight "Li Gui"
On October 14, 2013, Fenghuang County Bureau of Industry and Commerce seized a large number of counterfeit goods from Procter & Gamble (China) Co., Ltd. in the county, involving many well-known brands such as "Hai Fei Si", "Rejoice", "Pantene" and "Shu Fu Jia".
In order to regulate the market order of daily necessities and protect the legitimate rights and interests of consumers and enterprises, Fenghuang County Industry and Commerce Bureau and Procter & Gamble (China) Co., Ltd. crack down on counterfeiters. The company's products were inspected intensively, and the "bright sword" of counterfeit and shoddy products. During this inspection, 318 bottles of "Hai Fei Si", "Rejoice", and "Panting" shampoos (5 ml), and 2,716 pieces of "Shu Fu Jia" soaps were found. 473 bottles of "Shu Fujia" and OLAY shower gel, with a case value of 35,000 yuan. Law enforcement officers seized the batch of fake daily chemical products on the spot. [14]

P & G exits battery industry

At the end of October 2014, shortly after announcing the separation of its Duracell battery division as an independent company, Procter & Gamble, the world's largest multinational consumer goods giant, also decided to sell its entire stake in Fujian Nanping Nanfu Battery Company to Private equity fund management agency CDH invested in and completely withdrew from the battery industry. [15]

P & G tax fraud

On November 3, 2014, the Argentine tax administration agency: the Federal Public Revenue Agency (AFIP) issued a statement on Sunday evening, officially accusing Procter & Gamble of the world's largest household goods manufacturer of tax fraud, while suspending Procter & Gamble across Argentina. Business. [16]
Diapers involved in toxic substances
On February 3, 2017, the South Korean government began a safety survey of diapers produced by Procter & Gamble, one of the world's largest producers of daily necessities. An official from the Korean Bureau of Technology and Standards said that currently there are only detection standards for toxic dioxins released into the atmosphere, and only consultations can be conducted on the detection standards for dioxins in commodities. [17]
Product detected carcinogenic factors
In September 2017, the Consumer Council of Hong Kong held a press conference on "Selection" monthly magazine and announced the test report of 60 types of shampoos on the market. The report showed that dioxane was detected in over 60% of shampoos. Seven types of shampoos had dioxane levels exceeding the 10 ppm safety level recommended by the European Commission for Consumer Safety (SCCS). Procter & Gamble's branded products accounted for 6 of the 7 seats, involving two brands of Pantene and Haifeisi. Among them, the "Hai Feixi Argan Milk-Induced Mesunde Anti-dandruff Shampoo" has a dioxane content of 24 ppm, which is the highest among all tested products. In addition, the twin shampoo of ELENCE2001 is also on the list. [18]

43 P & G sells 43 brands

On July 9, 2015, Procter & Gamble and perfumery and cosmetics group Coty Group announced that Coty has purchased Procter & Gamble for $ 12.5 billion in a package including Saxuan, Weina, Miss Buddha and perfume business. Of 43 brands.
With this, Coty will not only double its annual sales, but also become one of the world's largest cosmetics companies. [10]
Brands (some) sold by P & G:
Christina Aguilera Licensed Brand Perfume Collection
Icarus hair care products
CoverGirl Cosmetics
Dolce & Gabbana authorized perfume series
Gucci authorized perfume series
Hugo Boss authorized perfume series
Miss Buddha
Sassoon Hair Products
Wella Hair Care [9]

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