P&G records surprise sales drop as demand slows despite price restraint

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The story "P&amp;G records surprise sales drop as demand slows despite price restraint" was covered 6 hours ago by Business Standard, a news publisher based in India.

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P&G records surprise sales drop as demand slows despite price restraint - Business Standard

Quick Summary:

Consumer boycotts of its flagship, pricey Japanese beauty brand SK-II continued to hurt results from the country, P&G's second-largest market.

Executives, however, said the "core" of the business, which includes cheaper shampoos like Head & Shoulders and Pantene, and mainstream skincare brand Olay, is continuing to grow.

P&G's key diaper business saw sales declines because it lost market share to competitors.