Unilever looking to grow for another 100 years with China
1 year, 10 months ago

Unilever looking to grow for another 100 years with China

China Daily  

This year marks the 100th anniversary of Unilever's first entry into the China market, and the company is poised to grow together with China for another 100 years, said Zeng Xiwen, Unilever's vice-president for China corporate affairs. Among the first batch of multinationals entering the Chinese market after China's reform and opening-up in 1980s, the consumer goods company has so far invested more than $3 billion in the China market, and China has become one of the top three key growth markets for Unilever globally as well. According to Zeng, China's large population and Chinese people's rapid rise in income make the greatest contribution to Unilever's growth worldwide. And as China's response to COVID-19 enters into new phase, the company is set to deliver better and more advanced products to the China market in the coming year.

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Unilever to sell off multiple food brands, including Dutch Unox, Conimex
1 month, 1 week ago

Unilever to sell off multiple food brands, including Dutch Unox, Conimex

NL Times  

Unilever is getting ready to sell off various food brands possibly including the Dutch brands Unox, Conimex, and De Vegetrische Slagter, the Financieele Dagblad reported on Monday after sources previously gave Reuters similar information. Reuters’ sources previously reported that Unilever’s new CEO, Hein Schumacher, wants to focus on the company’s “power labels.” According to FD, the company’s planned sell-off would …

Unilever to double down on India under new strategic shift
1 month, 2 weeks ago

Unilever to double down on India under new strategic shift

Live Mint  

Unilever said it will put India at the center of its new business strategy as it aims to benefit from increasing consumption in one of the world’s fastest-growing economies. In an event with investors, Chief Executive Hein Schumacher on Friday said India is the best opportunity for Unilever over the next couple of years and will be the key for …

Unilever boosted by high-margin products despite consumer pressure hitting sales
5 months, 2 weeks ago

Unilever boosted by high-margin products despite consumer pressure hitting sales

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Unilever, which makes Sure deodorant, Dove soap and Hellmann’s …

Unilever to strengthen its localized research in China
1 year, 1 month ago

Unilever to strengthen its localized research in China

China Daily  

Florian Vernay, global communications and sustainability director of Unilever Home Care, delivers a speech in Nanjing, Jiangsu province on Nov 15, 2023. British consumer goods company Unilever Plc said it would strengthen its localized research in China, one of its three largest markets globally, and China serves as an indispensable part of its strategy to develop more green and sustainable …

Unilever eyes sweeter gains in China market
1 year, 5 months ago

Unilever eyes sweeter gains in China market

China Daily  

Employees work on the automated packaging line of Unilever Wall's 'Lighthouse Factory' in Taicang, Jiangsu province. For consumer goods giant Unilever, which operates ice cream brands Magnum, Cornetto, Viennetta and Wall's in the Chinese market, succeeding in the nation's competitive ice cream sector requires continuous product innovation, strategic investment and adapting to local preferences, said the company's executive. "As one …

Unilever to spend more on high-end laundry products in nation
1 year, 5 months ago

Unilever to spend more on high-end laundry products in nation

China Daily  

Employees work on a production line of The Laundress in Tianjin. CHINA DAILY British consumer goods company Unilever Plc said it has strong confidence and determination in the China market, one of its biggest driving forces of growth, and it aims to make more investments in the laundry products sector to meet increasingly high-end, diversified demand in the country. The …

Unilever's factories receive six-star zero carbon certification
2 years, 2 months ago

Unilever's factories receive six-star zero carbon certification

China Daily  

Unilever's homecare factory in Hefei of East China's Anhui province and a Truliva factory - a water treatment technology factory located in Cixi of East China's Zhejiang province - both received on Sunday a six-star zero carbon certification during the ongoing fifth China International Import Expo. It is part of Unilever's efforts to realize zero carbon emission across all its …

Unilever sales warning shows the global economy is still fragile
5 years ago

Unilever sales warning shows the global economy is still fragile

CNN  

London CNN Business — A sales warning from one of the world’s biggest consumer goods companies is undermining hopes for a significantly stronger global economy in 2020. Unilever, which owns brands including Dove and Ben & Jerry’s, said Tuesday that it won’t meet its sales growth target for 2019, and warned that weakness will continue into next year. Yet Unilever’s …

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