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It will also help Unilever to identify trends and make decisions faster
'Mom-and-pop stores will remain the most dominant channel even after a decade, and in a highly digitised form'
Jope said the company saw 15.6 per cent growth in the country during the quarter, during which price and volume were up 11.2% and 3.9%, respectively
Schumacher joined Unilever's board as an independent director in June, just a month after Peltz obtained a seat
The consumption weakness is due to the impact of inflation, particularly in rural areas, he said
Like the rest of the consumer goods industry, Unilever's margins have been squeezed since the start of the war in Ukraine that has pushed up costs of energy and key ingredients
Nykaa had listed the US as the country of origin for the Dove and Tresemme dry shampoo products sold on its platform
Unilever Plc recalled popular brands of aerosol dry shampoo, including Dove, after discovering they were contaminated with a chemical called benzene that can cause cancer
Indian FMCG giant's m-cap is touched $77 billion as compared to $115 billion of Unilever that holds 62 per cent in HUL
The move was met with disapproval from shareholders, some of whom also criticised Unilever for prioritising sustainability over core growth
From rupee touching a new low to Unilever CEO quitting by end of next year; here are the top headlines this evening
Jope, a long-term veteran of the consumer goods company, will leave after only five years in the role, with no named successor currently in place
The opening day of the biggest telecom auction in the country ended with top telecom firms buying spectrum worth more than Rs 1.45 trillion across frequency bands including 5G
The challenges of inflation persist and the global macroeconomic outlook is uncertain, but we remain intensely focused on operational excellence and delivery in 2022 and beyond, CEO Alan Jope said.
Borrowing the term crux from mountaineering, Dr Rumelt argues that it represents the most critical challenge to the desired progress
Sanjiv Mehta will join Unilever Indonesia's board of commissioners and chair it in a non-executive capacity
Billionaire investor has built 1.5% stake in Unilever, he will also serve on compensation committee; shares jump 7% as investors welcome potential overhaul
Germany, which was earlier India's top European export destination (eighth position), has now dropped two ranks to 10th place
India is one of Unilever's priority markets along with the US and China
Unilever, Carlsberg and Pernod Ricard are increasing the pressure on consumers worldwide with higher prices for Dove soap, beer and Havana Club rum