Gillette is currently losing money. I saw an article a while back saying the primary reason was that beards and the "scruffy" look are in style. Another reason was the growth of dollar shave club and Harry's. But a secondary reason listed.....the return of old style DE shaving.
I've suspected for a while now that one of the reasons that beards & the scruffy look are in is that people find it difficult & painful, not to mention expensive, to shave with their multiblade razors.
During the time that I used to get painful PFB in my teens while trying to shave with a TracII, I eventually gave up & grew a beard. I restarted shaving when I went DE.