Skip to content
jeremyhinzman
  • Fashion & Shopping
  • Fashion Accessories
  • Beauty & Fashion
  • Fashion Trends
  • Beauty Supply
  • Fashion Style
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap

Beauty performs well for Unilever but ‘unprecedented’ inflation causes headache

  • Home
  • Beauty performs well for Unilever but ‘unprecedented’ inflation causes headache
By: Jaime E. Love Posted on May 7, 2022
By Becky Bargh
28-Apr-2022

The ‘human tragedy’ in Ukraine is just one of the factors driving up prices for Unilever, as well as inflation and supply chain issues

Paula’s Choice is part of Unilver’s Presitge category – it’s best performing group in beauty

Related Posts:

  • Mass Market Beauty Confronts Tricky Terrain

Unilever’s beauty and personal care segment has seen respectable growth for Q1, with sales up 7.1% overall.

The consumer goods company’s best performing beauty category was prestige, with double-digit growth for the three month period.

Unilever has said that it will invest some €3bn in its prestige category through acquisitions and expansions, as well as digital commerce.

The Anglo conglomerate’s deodorant category – which it has vowed to reinvent – saw high single-digit turnover, helped by new launches from Dove, Rexona and Axe.

Skin, however, has been the slowest category in 2022, with growth in the low single figures.

In spite of the all-round positive results, Unilever has said that ‘unprecedented’ inflation will require the group to take ‘further pricing action’.

“There is more to do as we navigate our business through unprecedented cost inflation, but we are making good progress,” said Chief Executive Alan Jope.

“We are committed to sustaining this step-up in our growth and competitiveness.”

The business has prepared for input cost inflation of around €2.1bn in the first six months, with the second half predicted to increase to €2.7bn.

Jope also acknowledged the “human tragedy” in Ukraine as another significant challenge for the business.

But his outlook remains positive.

“The delivery of another solid quarter of sales growth builds on the improved growth momentum that we achieved in 2021 and is underpinned by Unilever’s increased focus on operational excellence, as well as disciplined adherence to our chosen strategic priorities.” he added.

“We remain on track to deliver the previously announced, simpler, more category-focused organisation structure on 1 July 2022.”

In January, Unilever set out plans to slash its corporate workforce by 20% globally.

Around 1,500 jobs are expected to be cut, 15% of which will be senior management jobs and 5% of its junior team.

Sign up for your free email newsletter

The decision comes after the group laid out plans to restructure its portfolio into five categories: Beauty & Wellbeing, Personal Care, Home Care, Nutrition and Ice Cream.

Companies

Categories: Beauty Supply Tags: "When To Use Fashion Tape, 1172 Fashion Lagos Nigeria", 1980s Controversial Aerobics -Fashion, Are Murses In Fashion, Arkadsa, Blake Lively Fashion Spt, Daily Fashion Pic, Danse Call Me Old Fashion, Evolutions Of Fashion Models, Fashion Black Tisher For Men, Fashion Blog Athletic, Fashion Blog Sims R, Fashion Brands West, Fashion Cat Accessories, Fashion Designer With Kmart, Fashion Designer Yohji Yamamoto, Fashion Designs Art Themed, Fashion Dressses Only Makes Dresses, Fashion Fabric Suppliers Us, Fashion Figures For Second Life, Fashion For Young Women, Fashion Hello February Graphicsposts, Fashion Institute Of Technology Girl, Fashion Interiors Logo, Fashion Internship Sweden, Fashion Japan 2020, Fashion Line, Fashion Necklaces With Glitter, Fashion Nova Discont Codes, Fashion Nova One Year, Fashion Show Eyebrows, Fashion Stylist In Manila, Fashion Today Jackson, Fashion Week Worldwide Dates 2019, Fashion With Athletic Legs Men, Flushing Fashion City, High Fashion Memes, Hoyoung Thug Fashion, Kelly Slater Wades Into Fashion, Kelly The Office Fashion Show, Kylie.Jenner Fashion Nova Commercial, Lolita Fashion From Amazon Reddit, Pink Foil Janoski Fashion, Plus Size Fashion Summer 2017, Plus Sizewomen'S Fashion Clothing, Russian Fashion Freaks, Secondlife Black Fashion, Street Wear Fashion Brands, Teen Vogue Non Binary Fashion, The Outsiders Tv Show Fashion, Tn, Womens Fashion With Green Sandles

Post navigation

Met Gala looks to wear now
The 12 Best Spring Menswear Pieces We’re Shopping in April 2022
May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Apr    

Categories

  • Beauty & Fashion
  • Beauty Supply
  • Fashion & Shopping
  • Fashion Accessories
  • Fashion Style
  • Fashion Trends

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • August 2020
  • July 2020
  • June 2020
  • March 2020
  • November 2018
  • October 2018
  • December 2016

Recent Posts

  • See Jennifer Lopez Pose in High-Waisted, Flare-Legged Denim
  • A look at Queen Elizabeth’s unique fashion style
  • The new era of fashion collaborations
  • Amazon opens its first fashion store in Los Angeles
  • ‘The Beauty of Blackness’ Documentary Chronicles the Colorful History of Fashion Fair Cosmetics

Tags

"Cats Model Fashion 2020 Andres Ankle Jeans Fashion Nova Argonian Fashion Eso Baum Und Pferdgarten Fashion Show Biology To Fashion Article Black Shoes Casual Fashion Business Buzz Fashion Barstow Color Bleeding Clothes Fashion Cum Town Fashion Podcast Cute Keychain Fashion Fall Fashion Trends Seattle Fashion Fashion Blog Doctor Fashion Designing Uni In Lahore Fashion Dresses 2017 Tumblr Fashion For Shuggie Lyrics Fashion Stackable Enamel Rings finance Forever 21 Summer 2016 Fashion Gold Lariat Necklace Fashion Jewelry Go To Pieces Fashion High Fashion Using Lines Korean Fashion Fall Asian Korean Mens Fashion 2014 Kylesonthemove Kyle Fashion Flickr Lady Fashion Flohmarkt Erfahrungen Lea Chen Wharton Fashion Mejores Street Fashion Models Names Men'S Coachella Fashion Pastel Men'S Corporate Fashion Summer Mens Fashion Wrist Bands Mens Rubber Boots Fashion Oscars Fashion Gallery Persian Man Fashion Pittsburgh Fashion Trucks Platform Wedges Korean Fashion Plus Size Fashion *Mall Reddit Historical Fashion Sexy Crossdresser Fashion Techies Fashion Guys The Fashion Project Iowa Top Fashion Brands On Ebay Wsj March 2019 Women'S Fashion Www.Venus Swim And Fashion

Visit Now

business person
Intellifluence Trusted Blogger

BL

LP

TL

jeremyhinzman.net © 2022 jeremyhinzman All Rights Reserved | Magpaper by Theme Palace
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT