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Author Topic: Seems like the Gilletteboycott paid dividends!  (Read 8030 times)

Kwon

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Seems like the Gilletteboycott paid dividends!
« on: July 31, 2019, 09:55:38 AM »
Procter & Gamble has reported a net loss of $5.24 billion,
prompting speculation as to whether a boycott of the company’s Gillette shaving products after a divisive ‘woke’ ad campaign hit the company’s bottom line.

https://summit.news/2019/07/31/procter-gamble-loses-5-billion-dollars-following-woke-gillette-ad-campaign/

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Henda

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #1 on: July 31, 2019, 10:29:25 AM »
Good, serves them right
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Man of Steel

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #2 on: July 31, 2019, 10:50:50 AM »
Love this part:

P&G claims the writedown is “due primarily to foreign exchange fluctuations, increased competition and a contracting market for blades and razors as consumers in developed markets shave less frequently.”

I can accept the FX effect having material impact but the rest is pure garbage....they made a monumental error in their "woke" campaign and men (such as myself) have abandoned Gillette altogether.
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Hypertrophy

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #3 on: July 31, 2019, 10:53:36 AM »
Quote from: Man of Steel on July 31, 2019, 10:50:50 AM
Love this part:

P&G claims the writedown is “due primarily to foreign exchange fluctuations, increased competition and a contracting market for blades and razors as consumers in developed markets shave less frequently.”

I can accept the FX effect having material impact but the rest is pure garbage....they made a monumental error in their "woke" campaign and men (such as myself) have abandoned Gillette altogether.

This^

I for one stopped buying anything Gillette branded simply because of their idiotic ad campaign. Same with Nike.
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Dave D

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #4 on: July 31, 2019, 10:59:10 AM »
Good news fellas, I have a digital coupon for Gillette razors.

25% off orders over $10.

PM me for details.
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ProudVirgin69

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #5 on: July 31, 2019, 11:05:24 AM »
Quote from: Hypertrophy on July 31, 2019, 10:53:36 AM
This^

I for one stopped buying anything Gillette branded simply because of their idiotic ad campaign. Same with Nike.

Despite your best efforts, Nike is flourishing.  Shares are up 13% from the start of this year, and North American sales are up 7% in the most recent financial quarter.  All this in the face of the Chinese import tariffs.
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Dave D

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #6 on: July 31, 2019, 11:10:58 AM »
Quote from: ProudVirgin69 on July 31, 2019, 11:05:24 AM
Despite your best efforts, Nike is flourishing.  Shares are up 13% from the start of this year, and North American sales are up 7% in the most recent financial quarter.  All this in the face of the Chinese import tariffs.


Nike has moved past GenX/Y and they are in full millennial marketing campaign. It looks like Gillette underestimated who their target market is.
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Kwon

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #7 on: July 31, 2019, 11:13:32 AM »
Hopefully they learned their lesson after losing 5+ billion USD... :D
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Dave D

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #8 on: July 31, 2019, 11:16:22 AM »
Quote from: Kwon on July 31, 2019, 11:13:32 AM
Hopefully they learned their lesson after losing 5+ billion USD... :D
I need more toxic masculinity ads!!!

SHAME ME FOR BEING BORN THIS WAY!!  But dont shame me if i'm trans anything, lol.
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Al Doggity

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #9 on: July 31, 2019, 11:49:54 AM »
Quote from: Man of Steel on July 31, 2019, 10:50:50 AM
Love this part:

P&G claims the writedown is “due primarily to foreign exchange fluctuations, increased competition and a contracting market for blades and razors as consumers in developed markets shave less frequently.”

I can accept the FX effect having material impact but the rest is pure garbage....they made a monumental error in their "woke" campaign and men (such as myself) have abandoned Gillette altogether.
This alleged boycott certainly didn't result in a multi-billion dollar writedown. P&G's stock price rose to an all time high the day the write down was announced.
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HTexan

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #10 on: July 31, 2019, 12:11:51 PM »
Quote from: ProudVirgin69 on July 31, 2019, 11:05:24 AM
Despite your best efforts, Nike is flourishing.  Shares are up 13% from the start of this year, and North American sales are up 7% in the most recent financial quarter.  All this in the face of the Chinese import tariffs.

I love Nike shoes. Love chucks for lifting.
As for Gillette, fuck that over price bullshit. Get some Astra Platinum safety blades. 100 blades for under 8 bucks on amazon.
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Pray_4_War

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #11 on: July 31, 2019, 12:22:34 PM »
I won't be happy until they go bankrupt.
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Kwon

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #12 on: July 31, 2019, 12:25:36 PM »
Quote from: Pray_4_War on July 31, 2019, 12:22:34 PM
I won't be happy until they go bankrupt.

+1
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milone79

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #13 on: July 31, 2019, 12:32:15 PM »
FUCK GILLETTE!!!! US TOXIC MEN ARE SPEAKING WITH OUR WALLETS...BOYCOTT THE KUNTS FOR LIFE!!!!!!!!!!!!!!!
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Tennisballz

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #14 on: July 31, 2019, 12:32:24 PM »
Quote from: Pray_4_War on July 31, 2019, 12:22:34 PM
I won't be happy until they go bankrupt.
x2.  We all need to start living more minimalistic.  The rampant consumerism is what gives these corporations power.  
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Al Doggity

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #15 on: July 31, 2019, 01:06:15 PM »
Quote from: Pray_4_War on July 31, 2019, 12:22:34 PM
I won't be happy until they go bankrupt.

Y'all will be some sad kuntz for a while, then.

P&G's stock price is up. The write down is because P&G paid a premium for gillette just before competitors like Harry's Razor and Dollar Shave club entered the market. Their shave business has declined for the last 12 quarters but they still own more than half the market. The decline in the last quarter was apparently smaller than  the previous 3 quarters.
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milone79

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #16 on: July 31, 2019, 01:07:09 PM »
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illuminati

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #17 on: July 31, 2019, 01:11:52 PM »
Stopped buying their products & wont go back.

Hope they go bankrupt.
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Matt

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #18 on: July 31, 2019, 01:18:12 PM »
Quote from: illuminati on July 31, 2019, 01:11:52 PM
Stopped buying their products & wont go back.

Hope they go bankrupt.

Ditto. I extended the boycott to all of Proctor and Gamble. I'll never buy any of their products again.
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chaos

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #19 on: July 31, 2019, 01:18:36 PM »
Quote from: ProudVirgin69 on July 31, 2019, 11:05:24 AM
Despite your best efforts, Nike is flourishing.  Shares are up 13% from the start of this year, and North American sales are up 7% in the most recent financial quarter.  All this in the face of the Chinese import tariffs.

Nike sucks, skinny shoes that fall apart with any kind of actual use as far as their regular shoes go. Maybe their cleats are better quality ???


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ProudVirgin69

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #20 on: July 31, 2019, 01:44:26 PM »
Quote from: chaos on July 31, 2019, 01:18:36 PM
Nike sucks, skinny shoes that fall apart with any kind of actual use as far as their regular shoes go. Maybe their cleats are better quality ???




I like their running shoes (outed), and they hold up to the 15 miles/week I clock on the treadmill.  Granted I am but a mere twink, perhaps a true beastly getbigger needs sturdier shoes for schmoe squatting and the like
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Kwon

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #21 on: July 31, 2019, 02:17:53 PM »
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SOMEPARTS

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #22 on: July 31, 2019, 02:54:58 PM »
Trans either way ends in less hair follicles per sq in so therefore this is a just a lack of research on their part to know that blades would last longer with that crowd.   :D
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Fortress

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #23 on: July 31, 2019, 07:08:15 PM »
Quote from: illuminati on July 31, 2019, 01:11:52 PM
Stopped buying their products & wont go back.

Hope they go bankrupt.

Me, as well.

Fuck this company and fuck it all to hell.
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Matt

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Re: Seems like the Gilletteboycott paid dividends!
« Reply #24 on: July 31, 2019, 07:30:33 PM »
Hebrews were made to look like saviours of White women in the ads [despite committing rape at 7-10x the rate of White men per-capita], so I can see why Al Doggity 🐕 still supports Gillette.
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