In my opinion, focus is now evident on the Palmolive brand:
- Selling online @ https://palmolive.co.in/ | 25 Products (08-Jun-22)
- Palmolive brand enters face cleansing category (13x Opportunity of body cleansing)
- May 21 Investor Presentation | No mention of Palmolive. However, conference call had one remark - “we will also figure out how to make sure we build the second leg of the business intelligence, which is the Palmolive portfolio.” In the May 22 Investor Presentation (https://www.colgateinvestors.co.in/media/2878/cp-india-analystmeet-26may2022.pdf), few slides are inked with the Palmolive brand: Slide 25 to 28 and Slide 59(Equal Half to Palmolive and Colgate brand)
Other Observations:
- May 22 conference call | Oral Care Products - 90% levels of penetration at the country level. Drivers for top-line growth in medium to longer-term | LUP (Low Unit Packs) focus, the premiumization focus and the innovation
- May 22 Investor Presentation | Slide 54 | New Products listed as another focus area