Small Appliances

Procter & Gamble sells part of Braun

After purchasing the Gillette Group for $US57 billion earlier this year, Procter & Gamble has sold off a section of the Braun business which is believed to be a non-core asset to the fast moving consumer goods (FMCG) company.

Small Appliances

Alba could drop leisure division and staff

Alba PLC, Bush Australia’s parent company, said on Wednesday it has set in motion proposals which may result in the “disposal or demerger” of its leisure division, and has announced “substantial” job losses in its consumer electronics division.

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