Ready, Fire, Aim! - Mihail's Public Blog: Interested in the shaving business? How about ceremonial swords?

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Thursday, September 5, 2002

Interested in the shaving business? How about ceremonial swords?

Pfizer has put Schick on the auction block providing a rare opportunity for buyers to get into the shaving business. And the ceremonial swords business. A blade is a blade is a blade?

A feisty but distant No. 2 to Gillette, Shick makes razors under the Xtreme, Silk Effects and Protector brand names. The company has global market share of about 20% of the wet-shaving business to Gillette's 70%, although Schick has a stronger presence in the disposable-razor market, according to industry research. Schick, which reported 2001 sales of about $716 million, down 7% from 2000, also makes ceremonial swords.

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