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Stock impact report

Haleon makes oral-health push in China as other Western brands falter [Yahoo! Finance]

Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN) 
Company Research Source: Yahoo! Finance
and tailoring its gum-health products to local ?tastes, aiming to succeed where many Western consumer brands have struggled. Sluggish demand and fierce ?competition have hit Western heavyweights from BMW to Pernod Ricard and Nike, which all reported weaker China sales last ?year. But Haleon, helped by strong growth in Sensodyne toothpaste, is doubling down with a 65 million pound ($87 million) investment in a new oral-health plant in Shanghai. CEO Brian McNamara says the goal is to take its Parodontax brand into more than 30 cities by the end of 2027. "For us, ?China's an incredible market," he ?told Reuters, citing mid-teens growth for Sensodyne and an 860 million-pound gum-health market. "Over 70% of consumers in China suffer from gum health issues," McNamara said. "We ?have a product to address it. There's a clear consumer need." SWEETER FLAVOUR, FOAMIER TOOTHPASTE China accounts for about 10% of Haleon's 11-billion-pound business and nearly 13% of the $59 billion globa Show less Read more
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