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Gillette

Submitted by 7222097 on March 18, 2007

Category: Business
Words: 2165 | Pages: 9
Views: 335
Popularity Rank: 27,231
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Global Gillette, formerly The Gillette Company, is the world's #1 maker of shaving supplies, the firm is best known for its razors and blades, but it's also a leading battery (Duracell) maker. Gillette also makes Braun electric shavers. In October 2005 the Procter & Gamble Company (P&G) bought 100% of Gillette for about $57 billion in stock. Its Braun- and Oral-B-branded oral care products are now part of P&G's brand portfolio. It sold its Right Guard, Soft & Dri, and Dry Idea brands to Henkel's Dial for approximately $420 million USD. Gillette operates 64 manufacturing facilities in 14 countries, R & D centers are located in Germany, United Kingdom and the United States and its products are sold in more than 200 countries and territories, with more than 60 percent of sales occurring outside the United States. The company is currently headed by its President and CEO, Mark M. Leckie, VP for Corporate Communications, Eric A. Kraus, Corporate Affairs and Sports Marketing and Sports Properties Director Mike Norton. Gillette’s product categories include razors and blades (Mach3, Venus, Sensor), batteries (Duracel Copper Top), oral care (Oral B full range manual and power brushes), appliances ( Braun shavers, Silk Epil, and other Braun small appliances) and skin care (Gillette personal line).
The Gillette Company was founded by King Camp Gillette in 1901. King had found that the edge of his straight razor had dulled often and came up with an idea for an entirely new kind of razor with a disposable blade. Gillette envisioned an inexpensive, double-edged blade that could be clamped over a handle, used until it was dull and discarded. Gillette spent over six years perfecting his safety razor and in 1901 partnered with William Nickerson and Massachusetts Institute of Technology educated machinist who developed a production process that made Gillette’s idea a reality. After the completion of the first safety razor prototype Gillette formed the American Safety...

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