Razor Burn: A Flood of Fancy Shavers Leaves Some Men Feeling Nicked

Shaving is big business. Gillette brings in more than $4 billion in annual sales; Schick sees sales of around $1 billion a year, according to analysts' estimates. Though the recession hurt sales of blades and boosted sales of cheaper disposable razors, the two companies still have a lock on the U.S. market. Gillette commands 70% of the razors-and-blades category, and Schick holds about 10%, according to market-data firm Euromonitor International Inc.

razor-burn-a-flood-of-fancy-shavers-leaves-some-men-feeling-nicked: Personal Finance News from Yahoo! Finance