L'Oreal To Enter 600 Second-tier Chinese Cities In Q2 2011
L'Oreal China will reportedly accelerate its deployment in 600 second-tier cities in China, of which half of these cities are with a population of over one million.
P&G
New President For P&G Greater China
News from Procter & Gamble is that Daniela Riccardi, its president for Greater China, will leave the company and will be replaced by Shannan Stevenson, the current vice president for P&G's Western Europe Laundry division.
L'Oreal's Sales In China Up 17.6% In 2009
L'Oreal Group, the global cosmetics group, has announced in Shanghai that it made revenues of CNY8.18 billion in mainland China in 2009, a year-on-year increase of 17.6%.
P&G To Build Manufacturing Base In Tianjin
The global consumer goods manufacturer Procter & Gamble has announced that it will invest USD248 million to build a manufacturing base in Tianjin.
P&G Opens Online Store On China's Taobao.com
The global consumer products giant Procter & Gamble has opened an online store on the Chinese Internet shopping website Taobao.com, marking the company's debut into China's Internet marketing sector.
P&G Has Second Round Of China Price Increases
After raising the prices of Pantene and Crest, Proctor and Gamble recently started the second round price increase of its many brands, including Whisper and Pampers — with prices up by 10% to 15%.
Pringles Chips Withdrawn From Sale In Some China Supermarkets
Pringles chips, a snack product manufactured by Proctor and Gamble, have been found containing potassium bromate for the third time and some supermarkets in Guangzhou and Foshan have withdrawn the substandard chips.