Ready, Fire, Aim! - Mihail's Public Blog: Electric razors in half of all households

By Mihail - About Me - E-mail this page - Add to My Favorites - Add to Blog List - See other blogs in Business & Investing

Wednesday, October 23, 2002

Electric razors in half of all households

The size of the electric razor business is detailed in this Wall Street Journal story (subscription required):

Electric razors are proving increasingly popular: About half of all households own one, up from about 40% in 2000, according to the International Housewares Association. Travel models in particular have been a big part of the $200 million-a-year shaver business, with manufacturers from Braun to Panasonic saying sales of these take-along models are up as much as 10% over last year.

Why the buzz about travel shavers? Credit new security and baggage rules, with airlines recently limiting carry-on bags to one per passenger. And while safety razors are allowed in carry-ons, old-fashioned razor blades are still contraband. As part of the renewed interest in these mini-models, travel purveyor Magellan's recently began selling them for the first time in years.

Previous: Airlines continue to suffer, United loses $47 on each passenger - New Entries - Next: Young decorators to spend $17 billion this year

Headlines (What is this?)