'Rural recovery adding to positivity in India market', says Unilever CFO Graeme PitkethlyDuring the quarter ended June, HUL saw volumes halve to 3% and said volume recovery could take at least two-three quarters after stocking o...
26 Jul, 2023, 08.43 AM IST
Unilever sees Chinese consumer confidence at 'historical low point'Unilever, the maker of Dove soap and Ben & Jerry's ice cream, has reported that China's declining property market and exports have led to a...
25 Jul, 2023, 02.25 PM IST
European stocks slip as investors weigh risks to US debt dealAmong single stocks, Nestle slipped 0.8% after the Swiss food group said it had hired Anna Manz, the finance chief at the London Stock Exch...
30 May, 2023, 03.03 PM IST
Unilever CFO Graeme Pitkethly to retire in 2024Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would retire from the consumer goods giant by the end of May 2024.
30 May, 2023, 12.00 PM IST
Consumer giants like Unilever sacrifice sales by scrapping product linesCompanies in the sector typically stock thousands of variations of sizes and flavours of different products. Narrowing that range can simpl...
10 Feb, 2023, 09.21 AM IST
Unilever ups sales guidance after price hikes help it beat forecast"The challenges of inflation persist and the global macroeconomic outlook is uncertain, but we remain intensely focused on operational exce...
26 Jul, 2022, 12.49 PM IST
Corporate chiefs warn of high inflation due to shortagesShortages of workers, fuel, cargo ships, semiconductors and building materials as the global economy bounces back after pandemic lockdowns ...
21 Oct, 2021, 11.55 PM IST
Markets like India added most to margins: UnileverUnilever, at the Morgan Stanley Global Consumer and Retail virtual conference on Tuesday, said the minority view was that the company neede...
02 Dec, 2020, 11.23 PM IST
Business revival: Unilever says it’s over the hump in IndiaUnilever said economic performance is largely dependent on countries choosing between opening up to safeguard jobs and protect businesses o...
23 Oct, 2020, 08.00 AM IST
Ayush relaunch yields only partial success for HULHUL's brand Ayush scaled down or exited a few segments, but company plans strategic tweaks to drive growth.
30 Sep, 2019, 11.49 PM IST
Unilever sales grow over 3% on strong emerging market showThe maker of Dove soap and Lipton tea posted first-quarter global sales of 12.4 billion euro.
19 Apr, 2019, 08.43 AM IST
Unilever used HUL buyback gains to secure GSK health dealUnilever bought back HUL shares at Rs 600 apiece 5 years ago which has appreciated to Rs 1,700 now. Unilever diluted 5.3% HUL stake in GSK ...
11 Dec, 2018, 07.41 AM IST
Other companies across the world can learn from HUL: Paul Polman, CEO, UnileverFor Unilever, food and refreshments is a core growing business and is the largest category, accounting for 41% of its sales.
05 Dec, 2018, 07.06 AM IST
Unilever, P&G cite good signs after a year of disruption linked to Demonetisation, GSTGrowth in consumer product sales in rural areas was almost double that of the urban markets between 2008 and 2012, helping the overall segm...
23 Apr, 2018, 10.51 AM IST
Sales growth still behind historic levels: Unilever CFO Graeme Pitkethly“India has been managing its way through the disruptions from demonetisation and the new goods and services tax,” Graeme Pitkethly said on ...
21 Oct, 2017, 12.09 AM IST
GST to moderate price growth, says Unilever CEO Graeme PitkethlyWith lower tax in categories such as hair oil, toothpaste and soaps, consumer goods firms including Hindustan Unilever, Marico and Colgate ...
21 Jul, 2017, 01.33 AM IST
WPP drops as major client Unilever cuts ad spendsUnilever, which sells Dove soap and Hellmann’s mayonnaise, will produce 30% fewer ads as part of a costcutting drive, CFO Graeme Pitkethly ...
07 Apr, 2017, 01.21 AM IST