P&G Increasing Prices On Feminine Care
Sadly, it’s not enough we’re already hit with a pink tax but Procter & Gamble is also increasing prices for feminine care products to offset rising commodity costs starting September. Tampons and maxi pads are just some of the items that will see a price increase in the Fall! If you have children, brace yourself, baby care will also see a rise (diapers, etc…).
P&G released financial figures for the third fiscal quarter this week and broke the news about the price increase. This will impact brands that P&G owns like Tampax, Always, Luvs, Pampers, and more.
P&G blamed commodity costs for the price raise but said the increase will be offset by new product innovations that “add value for consumers”.
Interesting enough their beauty net sales are up 9% and apparently that was due to SK-II sales. And you said James Corden and Chloe Moretz wouldn’t sell Pitera Essence! Who’s laughing now!
Women�s razor sales were also up for P&G but men’s were down. Comically they said men’s razors are down “due to decreased shave frequency”. I dunno why I found it funny everyone just said screw it, it’s a pandemic I’m not shaving!
I guess we’re all moving to disposable Etsy pads now or a Diva Cup?