How Harry's Owner Is Taking On Procter & Gamble

CNBC (main)
CNBC (main)Jun 9, 2026

Why It Matters

Mammoth’s DTC‑to‑retail strategy and potential IPO threaten traditional CPG dominance, accelerating a shift toward faster, consumer‑focused product development.

Key Takeaways

  • Mammoth builds DTC brands, then scales to retail quickly.
  • Harry's success proved price‑value messaging resonates with modern consumers.
  • Mammoth acquired Lume, Flamingo, Coterie, rebranding to dominate categories.
  • Legacy CPGs focus on scale, missing fast online‑first product‑market fit.
  • Mammoth may IPO, signaling DTC‑centric firms challenging industry giants.

Summary

The video examines how Mammoth Brands, the parent of Harry’s, is reshaping the consumer‑packaged‑goods (CPG) landscape by launching direct‑to‑consumer (DTC) products and then moving them into brick‑and‑mortar stores, positioning itself as a challenger to legacy giants like Procter & Gamble.

Mammoth’s playbook hinges on early online sales, deep data on shoppers, and rapid iteration. With 60% of consumers now scrutinizing labels, the firm leverages price‑value messaging—exemplified by Harry’s razor pricing—to capture discerning buyers. Since 2018 it has added Flamingo, Lume, and Coterie Diapers, rebranding as Mammoth and signaling a shift from pure DTC to a hybrid model that blends speed with retail reach.

Founders Jeff Raider and Andy Katz highlight a customer‑first mindset, noting that “legacy CPG thinks of the retailer; we think of the person on the street.” Jacobs, a senior executive, cites Mammoth’s commitment to quality as a key attraction, while the company’s rumored IPO underscores its ambition to scale the model further.

If Mammoth goes public, it could accelerate the migration of CPG power toward agile, data‑driven brands, forcing incumbents to rethink their reliance on sheer scale and prompting a broader industry pivot toward category‑focused, consumer‑centric growth.

Original Description

The consumer packaged goods space is changing as direct-to-consumer companies are leveraging their online following to gain traction in retail stores. Mammoth Brands is one of the businesses at the forefront of this trend working to disrupt legacy players like Procter & Gamble and Unilever. Its founders started the shaving brand Harry’s over a decade ago and have now acquired other up-and-coming CPG names, like Coterie diapers.
Produced, shot, and edited by: Ryan Baker
Reporter: Amelia Lucas
Animation by: Jason Reginato, Emily Park
Additional Reporting by: Melissa Repko
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, Mammoth Brands
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How Harry's Owner Is Taking On Procter & Gamble

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