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Procter & Gamble Beauty Spinoff Possible, Long-Discussed

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Bloomberg is reporting that Procter & Gamble Co. (Cincinnati) may spin some beauty brands into a "separate company."

The potential move reflects challenges in the cosmetics industry, including high competition and the need to reach young consumers.

Click here to read Euromonitor analyst Oru Mohiuddin's take on this issue from 2013.