Hipsters blamed for sluggish razor sales

8:17 PM, Aug 5, 2013   |    comments
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GOLDEN VALLEY, Minn. - Gillette razor-maker Proctor and Gamble reported last week razors sales are falling in developing countries. Meantime, Energizer reported a 10% drop in razor sales in the past year.

An international market research firm, Euromonitor, says hipsters have helped create a "growing acceptance of the unshaven look in the workplace."

Energizer blames the sales slump on aggressive promotions on the part of P&G.

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