P&G to sell up to 100 brands to revive sales, cut costs | INFORUM
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P&G to sell up to 100 brands to revive sales, cut costs

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Procter & Gamble Co, the world's largest household products maker, said it could sell about half of its brands in the next two years and cut jobs to revive sales growth and save costs, sending its shares up as much as 4.3 percent.
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The maker of Gillette razors and Tide detergent said it would consider selling about 90 to 100 brands whose sales have been declining for the past three years.

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