Retailers, consumers and prices
Check out country music star Taylor Swift becoming the newest Covergirl.
The songstress, known for her blond ringlets and girl-next-door charm, has been busy collecting armfuls of accolades. In February, the 20-year-old won four Grammys and was the youngest artist ever to take home the coveted prize for album of the year. In November, she won four awards from the Country Music Association, which named her entertainer of the year.
Last month, Swift got a mention in People magazine’s “World’s Most Beautiful People” special issue.
Now Swift joins Queen Latifah, Ellen DeGeneres, Rihanna and Drew Barrymore as a spokeswoman for the mass market cosmetic brand owned by Procter & Gamble.
“It’s like a dream come true,” said the 20-year-old in a statement, noting that she has admired many of the brand’s earlier spokeswomen since she was “a little girl”.
Investors worried about Procter & Gamble after today’s sales forecast appeared to breathe a sigh of relief when Chairman, President and Chief Executive A.G. Lafley said he was sticking around.
“Rumors of my passing are greatly exaggerated,” Lafley joked during a meeting on Thursday. “I have a cold today but otherwise I feel pretty good.”
When should Lafley, shown here in a 2005 photo, retire? Well, according to P&G’s guidelines of stepping down at 65, Lafley would be out in 2012.