Durex condom sales are slumping as 'intimate occasions' disappear during the coronavirus pandemic
that even people who were already in relationships before the pandemic are having less sex, blaming anxiety related to the coronavirus for dry spells among UK couples.
Fortunately for Reckitt Benckiser, the company's business extends beyond sexual health. The company also owns cleaning brands including Lysol and Dettol — both of which, Narasimhan said, have seen sales grow during the pandemic. "If you look at the amount of sanitizer we're making, we're making 20 times the amount of sanitizer in July as we did last year," Narasimhan told CNBC. "It just gives you the sense of the demand that there is." Get a personalized selection of top stories daily based on your preferences. Sign up now.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CEO of Durex condom maker says 'intimate occasions' are down during the coronavirus pandemicHowever, Reckitt Benckiser's chief told CNBC on Thursday, 'Durex had a big quarter online, and we continue to see great progress in that direction.'
Read more »
Introducing Advertising Insider, Business Insider's new daily newsletter - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Netflix Q2 subscriber growth got boost from cancellation decline: data - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Here's how to know if your business is a small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Airbnb resuming IPO plans as business slowly rebounds: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Cramer says he wants to see if Moderna execs sell stock before believing early vaccine developmentsJim Cramer discussed trial data from Moderna's Covid-19 vaccine candidate, saying he wants to see information about insider stock sales before deciding how confident to be.
Read more »