The Anglo-Dutch consumer goods group said sales rose 4.4% in the first three months of the year, ahead of analyst expectations of 3.5%. It also …
Unilever
Unilever India Is Losing Foreign Shareholders on High Valuations
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition. Foreign …
Picky Consumers Jilting Big Brands Are Unilever India’s New Risk
The largest consumer company in the world’s most populous nation has provided everyday products from detergent to instant coffee to Indians for decades. Now Hindustan …
Beauty and Personal Care Lead Sales Growth at Unilever
Unilever Plc sold more products like deodorant and mayonnaise for the first time in more than two years, as easing price inflation encouraged shoppers to …
Unilever to Acquire K18 Haircare
Unilever has signed an agreement to acquire K18, the biotechnology haircare company founded by Suveen Sahib and Britta Cox in 2020. The transaction is expected …
Unilever to Sell Q-Tips Maker Elida Beauty to Yellow Wood
The financial terms of the deal, expected to be completed in mid-2024, were not disclosed. Elida’s portfolio comprises more than 20 beauty and personal care …
Unilever Named in UK Greenwashing Investigation
Unilever, the maker of Dove, is to be investigated by the UK’s competition watchdog over concerns that consumers are being misled by the company’s “green” …
Unilever Ventures Invests $2.5 Million in Indian Personal Care Line
Wishcare, an India-based haircare and skincare brand has raised 20 Rs crore (about $2.5 million) from Unilever Ventures in its first funding round. The three …
True Beauty Ventures and Unilever Ventures Bet on Fragrance
True Beauty Ventures (TBV) and Unilever Ventures (UV) have announced a minority investment in clean fragrance brand The 7 Virtues. It’s the first time either …
Unilever Shares Gain on Resilient Demand as Inflation Cools
Unilever Plc shares advanced as the maker of Dove soap moderated price increases on personal care and beauty products, leading to a rebound in purchases …
Unilever Prestige’s CEO on Unlocking Growth in Beauty
The beauty market is expected to continue demonstrating the resiliency it has cemented in recent years, showing that it can withstand, even thrive profitably and …
At Unilever Prestige, An Acquisition Model Focused on the Future of Beauty
Unilever Prestige — Unilever’s arm for premium beauty brands, which includes brands such as Dermalogica, Ren and Tatcha — contributed €1.2 billion to the beauty …
Unilever Warns of More Price Hikes as Cost Pressures Build
Unilever raised prices by over 8 percent in the first quarter and warned more hikes were on the way as the maker of Dove soap and Ben & Jerry’s ice …