With no new major product launches in over a decade, Procter & Gamble has bet heavily that growth will come from line extensions of existing brands. This gamble has resulted in a lack of innovation and may be the reason why P&G's organic sales growth continues to underperform Colgate-Palmolive (CL) and Unilever (UN).
With no new major product launches in over a decade, Procter & Gamble has bet heavily that growth will come from line extensions of existing brands. This gamble has resulted in a lack of innovation and may be the reason why P&G's organic sales growth continues to underperform Colgate-Palmolive (CL) and Unilever (UN).
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