Moustaches are up; shaving is down

Procter and Gamble reported quarterly profits this morning. Turns out they're down 16 percent, in part because sales at Gillette were off, as beards and mustaches are apparently becoming more popular.

Chief Financial officer John Moeller said this to the Financial Times: "While the incidence of facial shaving is somewhat down... the incidence of body shaving is up, and we can take advantage of that."

You can't unhear that.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.

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