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P&G Withdraws Gillette Venus Simply3 Razors

By John F. Heerdink, Jr.
The Procter & Gamble Company (PG) recently announced the withdrawal of Gillette Venus Simply3 razors that was reportedly due to a misalignment of the blades leading to the risk of cuts during usage. The withdrawal applies to 87,000 of the disposable razors sold in the United States and 2,700 sold in Canada from January through May priced at $6 and $10. Reportedly, one consumer was hurt while usage hence, consumers are asked get in touch with P&G’s Gillette division at 800-362-1258 9 a.m .-6 p.m on weekdays and 9 a.m.-5 p.m. on weekends for return and refund procedure, as stated in a filing to U.S. Consumer Product Safety Commission.
“We’re disappointed to share that a temporary manufacturing issue resulted in about 500 Venus Simply3 Disposable Razors in North America being released which are more likely to cut during normal use,” stated P&G.
Razors pink, purple, and yellow in color were sold in two kinds of packages with the below-stated lot numbers (can be traced on the right or left side of the plastic package) -: 1. Simply3 Disposable Razor 4-pack with lot numbers 9003A17400 and 9007A17400 and UPC number (see inside the package adjacent to the bar code) 047400315358. 2. Razors with lot number 9009A17400 plus the UPC number 047400300712 packaged as Daisy 12+1 Venus Simply3 Bonus Pack, with one free Venus Simply3 razor. The Procter & Gamble Company (PG), a Dow 30 component,  supplies branded consumer packaged goods to consumers across the globe.  To learn more about Procter & Gamble (PG) and to continue to track its progress please visit the Vista Partners Procter & Gamble Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners! It’s FREE to receive email updates.

June 26 (11)

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