Procter & Gamble Bangladesh terminates distribution agreement with Gillette India

Gillette India announced that Procter & Gamble Bangladesh has terminated their distribution agreement, effective December 31, 2024. This termination will result in a proportional drop in net sales for Gillette India, which accounted for 2% of their total net sales in FY23-24. However, there will be no significant impact on the company's profits.