Schick razors owner buys Harry's for $1.37 billion

[pipedreams]

"The owner of Schick razors is acquiring upstart shaving company Harry's for $1.37 billion, continuing a trend of consolidation in the shaving industry, where established brands have struggled with the rise of digital-savvy newcomers. About 79% of the deal is cash, and the remainder stock. "

https://www.chron.com/business/article/Schick-razors-owner-buys-Harry-s-for-1-37-billion-13833858.php

https://www.breitbart.com/news/after-disrupting-shaving-industry-harrys-is-absorbed-by-it/

Edited May 10, 2019 by pipedreams

[tadbart]

2% of the world shaving market is worth 1.4 billion dollars. WOW.

 

Good for the upstarts, making a dent. Cool that Schick kept them on the payroll, too.

[Duluth]

I just signed up for Harry's last week. I was pleasantly surprised how good the blades/shave cream are. 

[Brad]

I'm disappointed. I left Harry's because of their left wing crap, and switched to Gillette. Then, I left Gillette because of their left wing crap and switched to Schick. I thought I had that one nailed down, but I guess I didn't.

[Duluth]

8 minutes ago, Brad said:

I'm disappointed. I left Harry's because of their left wing crap, and switched to Gillette. Then, I left Gillette because of their left wing crap and switched to Schick. I thought I had that one nailed down, but I guess I didn't.

I don't know anything about the politics of either company.

[Valmet]

I don’t know anything about Schick’s political leanings but they aren’t Gillette...

[Silentpoet]

2 hours ago, Valmet said:

I don’t know anything about Schick’s political leanings but they aren’t Gillette...

For me they work and they last reasonably long and they aren't gillete.

 

[Huaco Kid]

Schick razors owner buys Harry's for $1.37 billion eliminates the competition.

(The as-seen-on-tv "pawn stars endorsed" safety handle. $15.  A hundred-pack of shark blades $15.  A twenty pack of slim-twins. $15.  That's 5+ years for me. I shave with whatever shampoo is closest when I reach for it.)

[OwlsNest465]

I wonder how/if this will affect the prices of the Harry's products which is more than just razors/blades.  I buy somewhat regularly so I'll see if the price moves at all. 

[gwalchmai]

It's kinda scary that Schick thinks there are enough guys willing to pay Harry's high prices for what can be had so cheaply at Amazon.

[blueiron]

Gillette is somewhere just a micron away from revolutionary Marxist ideology. 

I can use a straight razor on my face, but keeping it sharp is a significant challenge.

[Moshe]

I guess I am one of those odd guys with a long beard.

[blueiron]

37 minutes ago, Moshe said:

I guess I am one of those odd guys with a long beard.

I'd have a beard, but my job doesn't allow one because of safety gear.

[Moshe]

My job does-retirement.

[Huaco Kid]

2 minutes ago, blueiron said:

I'd have a beard, but my job doesn't allow one because of safety gear.

I have to shave on Friday,  to get into a lead smelter.  (nasty, nasty places)

It happens a few times per year.  I don't really mind,  it's part of the gig.

But whenever I shave and look into a mirror,  I see my sister.  ugh.

[jfost11]

I've been buying the store brand 5 blade razors from Lidl for something like $5 for a 4 pack. I'm pretty sure they're the same thing as Harry's but for about half the price.  

[railfancwb]

I have to shave on Friday,  to get into a lead smelter.  (nasty, nasty places)
It happens a few times per year.  I don't really mind,  it's part of the gig.
But whenever I shave and look into a mirror,  I see my sister.  ugh.

Where are you? Thought EPA had closed the last Stateside lead smelter several years ago.


Sent from my iPhone using Tapatalk

[jfost11]

3 hours ago, railfancwb said:

Where are you? Thought EPA had closed the last Stateside lead smelter several years ago.


Sent from my iPhone using Tapatalk

I may be wrong but I think it was the last primary lead smelter that can process lead from ore was shut down. Not those that smelt from recycling.

[Huaco Kid]

I guess "lead" production is dead.  OMG!!  YOU ARE KILLING THE CHILLUNS!!! BAD, BAD MEN!!

"Specialty Alloys" are sooo much safer!!!  LOVE! LOVE! HAPPY!   (i guess obama didn't see that one coming)

[Huaco Kid]

Coke ovens are the absolute worst. 

I hates them.

[Brad]

On 5/10/2019 at 11:54 PM, Duluth said:

I don't know anything about the politics of either company.

I would not have known about Harry's left-wingedness if they had not gone out of their way to poke conservatives in the eye a few years ago. I revisited Harry's FB page during the Gillette commercial controversy and they were still at it.

The Schick Hydro 3 is an excellent razor, far better than Harry's or Mach 3, so I'd rather not switch again. I might, though.

[Moshe]

I combed my beard today. LOL

[Huaco Kid]

Smooth as a baby's fanny.

In a couple days,  it'll be scruffy.  In a week,  it'll look ok.  In two weeks,  no one will even notice.

(Beards make a huge[/] difference,  insulation-wise.  I consider them an essential part of safety gear,  in the winter.  It's not even cold now,  but I can tell a big difference.)

[Highspeedlane]

I also have to shave as a work requirement, but I started using double edge razors over 5 years ago and haven't bought a multi-blade cartridge razor since then. Now it's mostly my Rockwell 6s and Wilkinson Sword (Germany) blades. I will probably still shave even after retirement. I can go a day or so with stubble on the weekends but love the feel of a smooth shaved face too much to give it up full time.