
Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
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Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.
Unilever on Tuesday became the first major European food company to stop imports and exports out of Russia after the country's invasion of Ukraine.
Criticised by a major investor for focusing on sustainability, Unilever CEO Alan Jope will be under pressure at the consumer goods group's quarterly results on Thursday to show the two can go hand in hand.
Unilever on Thursday reported its “fastest underlying sales growth in nine years” for fiscal 2021, with a 4.5% uplift that divided down as a 2.9% increase based on higher prices and a 1.6% volume rise.
Unilever is cutting 1,500 jobs and reorganising its structure as it comes under pressure from investors over its sluggish performance. Beauty & Personal Care chief Sunny Jain is also leaving the firm.
Unilever PLC on Wednesday effectively abandoned its plans to buy GlaxoSmithKline's consumer healthcare business, saying on Wednesday that it would not raise a 50 billion pound offer that GSK previously rejected.
Consumer goods mega-giant Unilever had good news Thursday as it beat Q3 growth predictions and kept to its full-year profit margin guidance due to its brand power enabling it to hike prices to cope with rising costs.
Unilever and Procter & Gamble, the world's top two advertisers, are seeking out younger audiences by reallocating some 2021 spending away from traditional TV and into video games, streaming services and media programs.
The ‘Beauty in China’ study by NellyRodi and LuxuryInsight is an in-depth analysis of the Chinese beauty market, providing key insights for understanding its specificities.
Unilever's first-half results should give a sign of how it is coping with rising commodity and transport costs - whether it has managed to lift prices without hitting sales volumes, or whether margins are being squeezed.