Unilever announces strategic review for health and beauty portfolio

Unilever announces strategic review for health and beauty portfolio

THE WHAT? Unilever is carrying out a strategic review of its health and beauty brands, according to a report published by The Times.

THE DETAILS The review is expected to run for approximately nine months to a year and will center around the mass market brands, including Suave and Simple. Beauty and personal care account for some 42 percent of the Anglo-Dutch FMCG giant’s sales.

THE WHY? CEO Jope is hoping to maintain his predecessor’s annual growth forecast of 3 to 5 percent despite troubling times in the mass market as consumers continue to plump for private label over branded products or Indie over multinationals.  

IN CONVERSATION WITH...

FORMULA FRIDAY

STREET TALK

60 SECOND PITCH

WELLNESS

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TOP 100 BRANDS

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