Saturday, October 31, 2020

Tag: P&G’s Gillette lost $8 billion in market value since ‘toxic males’ ad campaigns promoting transgenders

P&G’s Gillette lost $8 billion in market value since ‘toxic males’ ad campaigns promoting transgenders

from Fellowship Of The Minds:

Capitalists are supposed to be motivated by profit.

And yet in the U.S. today, some capitalists are no longer profit-oriented but have entered America’s culture wars on the side of the Left, no matter the consequences in loss of sales and market shares. Examples include JC Penney, Dick’s Sporting Goods (CEO Ed Stack nevertheless says he’s okay with Dick’s $150M loss from the company’s gun control policy), and now Proctor & Gamble, the Ohio-based multinational corporation that owns Gillette.