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Business Wars Daily

Grooming Is Getting More Expensive

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 3 November 2021

⏱️ 5 minutes

🧾️ Download transcript

Summary

Today is Wednesday, November 3, and we’re looking at Procter & Gamble vs. Unilever. 

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

0:22.0

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

0:27.5

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

0:32.9

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

0:39.0

opportunities to ask an expert, and blog posts.

0:42.0

Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.2

Thank you. From Wondery, I'm David Brown, and this is Business Wars Daily on this Wednesday, November 3rd.

1:07.2

During the pandemic, consumers cut back on grooming items like razors, soap, and deodorant.

1:12.4

After all, if you were going to work in your sweatpants all day instead of, you know, sweating in them,

1:17.2

why did it matter? A recent survey by the deodorant brand Degree found that 70% of people

1:23.1

intentionally did not use deodorant because they weren't going to see people.

1:28.1

So Degree launched a public relations effort reminding people that it might be a good idea to pick up the habit again now that we're all getting back out in the world.

1:37.2

But now that consumer demand for things like deodorant, toothpaste, and body wash are bouncing back again,

1:42.9

there's a new snag, that rickety old supply chain

1:46.3

we've discussed so much in recent months. And that, along with labor prices, is contributing to the

1:52.0

highest level of inflation in a decade, according to the Wall Street Journal. In a recent

1:56.6

earnings call, Procter & Gamble, or P&G, disclosed that its costs were up roughly 5%.

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