×
83 441
Fashion Jobs
ROSS STORES
Inventory Control/Quality Assurance Supervisor
Permanent · Perris
ROSS STORES
Store Protection Specialist
Permanent · Hyattsville
ROSS STORES
Inventory Controls And Quality Analysis Specialist ii (Icqa)
Permanent · Brookshire
ROSS STORES
Store Protection Specialist
Permanent · Houston
ROSS STORES
dc Operations Manager
Permanent · Fort Mill
ROSS STORES
Store Protection Specialist
Permanent · Sacramento
MACY'S
Asset Protection Captain, Westshore - Full Time
Permanent · Tampa
MACY'S
Asset Protection Detective, Naples - Part Time
Permanent · Naples
MICHAEL KORS RETAIL INC
Store Operations Manager
Permanent · Orlando
ESTÉE LAUDER
Business Manager, Travel Retail Americas
Permanent · Miami
ESTÉE LAUDER
Keyholder - Cosmetics Company Store - 20 Hours - Napa Premium Outlets - Napa, ca
Permanent · Napa
ESTÉE LAUDER
Senior Manager, International Business Development - le Labo Fragrances
Permanent · New York
ESTÉE LAUDER
Director, Performance Marketing - Bobbi Brown Cosmetics North America Ecommerce
Permanent · New York
ESTÉE LAUDER
Director of Strategic Partnership Marketing, Philanthropy & Limited Life Projects
Permanent · New York
ESTÉE LAUDER
Retail Beauty Sales Manager - Clinique - 38 Hours - Shoppes at Bel Air - Mobile, al
Permanent · Mobile
ESTÉE LAUDER
Human Resources Manager, North America Field & Retail
Permanent · New York
ESTÉE LAUDER
Retail Beauty Sales Manager - Estee Lauder - 35 Hours - Fresno, ca
Permanent · Fresno
ESTÉE LAUDER
Manager Global Product Registration
Permanent · Melville
ESTÉE LAUDER
Analyst, Product Management
Permanent · New York
ESTÉE LAUDER
Coordinator, Sales Account Management
Permanent · Irvine
TJ MAXX
tj Maxx Loss Prevention Detective Full Time
Permanent · Reno
TJ MAXX
tj Maxx Loss Prevention Detective Full Time
Permanent · Henderson
By
Reuters
Published
Jan 14, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Unilever says global consumption will remain depressed in first half of year

By
Reuters
Published
Jan 14, 2021

Consumer goods maker Unilever Plc expects global consumption patterns to be suppressed in the first half of this year, even as business returns to normal in East Asia and markets in Africa and Latin America show resiliency, its chief executive told Reuters.


Reuters


“We still hold that the first half of this year will be a continued period of suppressed consumption ... with that starting to come back in the second half of this year and then next year,” Chief Executive Officer Alan Jope said in an interview at the Reuters Next conference on Wednesday.

The maker of Dove soap, Hellmann’s mayonnaise and Tresemme shampoo withdrew its annual sales growth target in April and Jope said he was still wary of making any predictions about its future business due to the fluidity of the Covid-19 pandemic.

However, he said the company would grow ahead of the broader market and he does not expect any hits to margins in the near term.

“We would not expect any major setbacks on a margin perspective, but I don’t want to get into a numbers game beyond that until things globally stabilise a little bit,” he said.

The pandemic has boosted sales of packaged food for companies like Unilever, Nestle and Kraft Heinz, though Unilever was hurt by sharp declines in foods served in public places like beaches and restaurants.

Still, there were signs of progress, with Jope saying business was back to normal in East Asia, notably in Singapore and China, and that despite rising cases, Africa and Latin America were showing strong consumption resilience.

Jope also said that the company was continuing to focus on the reshaping of its portfolio, but that investors should not “hold their breath” on any significant disposals in its beauty and personal care business.

There may be some cleanup of small brands in beauty and personal care, but they will have minimal impact, he added.

© Thomson Reuters 2021 All rights reserved.