Henkel still recovering after US delivery problems
The owner of Schwartzkopg shampoo and Persil detergent reported a 0.8% dip in North American sales
Henkel, owner of consumer brands including Persil detergent and Schwarzkopf shampoo, says it is still working to win back shelf space for its products in the US after being hit by delivery problems early in 2018. While Persil and some other brands have since recovered, Henkel lost promotional slots for mid- and lower-priced products due to the delivery delays at the start of the year, CEO Hans van Bylen told journalists on Thursday. “We are working with full focus to get growth back in this business,” he said, after Henkel reported that sales in North America slipped 0.8% in July-September from a year earlier. The German group is battling US rival Procter & Gamble for market share, particularly for detergents and cleaning products after Henkel bought Sun Products, known for its Snuggle brand, for $3.6bn in 2016. Procter & Gamble reported better-than-expected quarterly figures in October, with organic sales up 4%, and said it is raising prices on several products around the world, se...
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