Reasons for the bankruptcy of Procter & Gamble Company in the United States
The performance is retrogressive and the transformation is slow. According to P&G's financial report, since 20 13, P&G's global sales have almost stagnated or even declined. In 20 13, P&G's global net sales were US$ 73.9 billion, but in 20 17, only US$ 656,543.8 billion remained, down 13% year-on-year. During this period, Procter & Gamble has started business in its headquarters and China market.