Wall Street seems happy to have A.G. Lafley back at the helm at consumer stalwart Procter & Gamble Co., but analysts, while bullish, aren’t inclined to view his first tenure as chief executive officer through rose-colored glasses.
“Lafley was terrific....But let’s not be too romantic and rewrite history,” said Citi analyst Wendy Nicholson, who credited the ceo with simplifying the company’s focus on its top 10 brands in its top 10 countries.
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)