45.1 F
Fort Worth
Friday, October 30, 2020
Business Edgewell up after Harry's deal called off

Edgewell up after Harry’s deal called off

Other News

JC Penney sees bankruptcy protection exit by Christmas

NEW YORK (AP) — J.C. Penney believes it will emerge from bankruptcy protection before Christmas under a new ownership agreement that would...

Petalo, not Charmin: Virus brings Mexican toilet paper to US

By JOSEPH PISANI AP Retail Writer NEW YORK (AP) — Toilet...

Mall owners close to buying JC Penney out of bankruptcy

By ANNE D'INNOCENZIO AP Retail WriterNEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a...

At Home launches collection with Fort Worth connection

At Home Group Inc. (NYSE: HOME), The Home Décor Superstore, has debuted an exclusive collection with interior...

Edgewell Personal Care surged 28% after the owner of Schick razors cut off its pursuit of upstart shaving company Harry’s. The move comes just days after the U.S. sued to block the proposed $1.37 billion deal. The Federal Trade Commission cited antitrust issues in trying to derail the purchase. Schick is the No. 2 razor company in the U.S. behind Gillette.

Both brands have slashed prices and overhauled their sales operations in recent years in response to the rise of Harry’s and rival Dollar Shave Club, which both started as direct-to-consumer digital brands. Harry’s had hoped to capitalize on Edgewell’s large distribution channels and Schick’s blade technology. Edgewell believed that it would be able to leverage Harry’s direct-to-consumer marketing base and digital savvy.

Latest News

Fort Worth’s Ampcare’s ESP use for post-extubation dysphagia care cleared with FDA

 The Ampcare Effective Swallowing Protocol (ESP™) Therapy System received an extended clarification Wednesday from the U.S. Food & Drug Administration for the...

Six COVID deaths reports in Tarrant County on Thursday

Tarrant County Public Health on Thursday, Oct. 29 reported six COVID-19 deaths. The deceased include a man from Mansfield in his 90s,...

Pier 1 returns via REV with virtual retail presence

Fort Worth’s legendary home furnishings retailer Pier 1 is back – virtually at least. Retail Ecommerce Ventures (REV) on Oct....

Textron: 3Q Earnings Snapshot

PROVIDENCE, R.I. (AP) _ Textron Inc. (TXT) on Thursday reported third-quarter net income of $115 million.On a per-share basis, the Providence, Rhode...

Exxon to cut 1,900 US jobs as oil industry struggles

By CATHY BUSSEWITZ AP Business Writer NEW YORK (AP) — Exxon Mobil is slashing 1,900 jobs from its U.S....