The world has changed since A.G. Lafley last sat at the helm of Procter & Gamble Co.
Four years later, the consumer — who once willingly traded up to more expensive global brands — wants value and a more local point of view. Formidable competitors, such as L’Oréal and Unilever, have gained ground and nibbled away at P&G’s market share in beauty.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)