We knew it was coming. Now it’s here. Last Oct garment manufacturers Procter & Gamble (Pampers) and Kimberly-Clark (Huggies) declared that they’d be upbringing prices 3 to 12% in primeval 2008, citing higher materials and forcefulness costs. Commodity prices haw be up, but so are profits at both companies. Both P&G and K-C fresh declared accumulated quarterly profits, with K-C news record sales and “double member intensity gains” on income of Huggies diapers and wipes. Both companies hit upped forecasted profits for 2008.
Feb 10
Feb 10
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