Vicks, SK-II make P&G's billion-dollar brands list
Procter & Gamble says its Vicks cold and flu medicine and its SK-II skincare brands have become billion-dollar brands for the world's largest consumer products maker.
The list, now totaling 26 brands, includes labels that make at least $1 billion in annual sales. Always, Charmin, Bounty, Olay, Pampers and Tide are also on the list.
Both Vicks and SK-II have long histories.
Vicks was created in the 1890s by a pharmacist seeking to soothe his son's croup. P&G bought the company that made it in 1985.
SK-II was created in the 1970s by Max Factor Japan. The skin-care line is made with a by-product of the fermentation process for sake, the rice wine. P&G bought Max Factor in 1991.
P&G reports third-quarter results Friday.