Men with beards are killing the razor industry By: MarketWatch August 01, 2019 at 04:48 AM EDT Procter & Gamble blames Gillette’s $8 billion writedown on a ‘lower shaving frequency.’ Read More >> Related Stocks: Edgewell Personal Care Facebook Procter & Gamble Unilever Plc ADR Wal-Mart Stores, Inc.