Hipsters And Movember Are Hurting Procter & Gamble’s Profits

27 Jan 2014 by Jasmine Stone in Business, Fashion

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Nobody could have anticipated this, but the growing hipster culture and Movember movement has been blamed for a massive decrease in Procter & Gamble’s profits as Gillette razors and Braun electric razors sales plummet. The company’s net income for the quarter dropped to $3.4 billion, down from $4.1 billion in the same period last year.

Damn the man, grow a beard.

[ Source : Business.Time ]

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