Eugene David ...The One-Minute Pundit |
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Tuesday, July 12, 2005
Colgate’s laundry-detergent market shares fell by more than half over the past 10 years as Colgate managed them for profit margin. In the 1990s, the company outsourced all production, ended all media support and conceded laundry detergent to industry heavyweight Procter & Gamble Co. as it concentrated on oral and personal care and pet food.
You could say Colgate-Palmolive WELCHED on these brands.
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