Unilever’s Growth Action Plan Rooted In ‘Fewer Things Better’
CEO Hein Schumacher provided awaited detail on Unilever’s new Growth Action Plan, which seeks to leverage R&D strengths and winning technology platforms while driving productivity improvements, in an 8 February year-end sales presentation. The firm reported underlying net sales growth of 7% in fiscal 2023 to €59.6bn.
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PCPC’s New Legal Head, Unilever’s K18 Acquisition, Lauder’s Skin Longevity Platform; Beauty Industry News
The Personal Care Products Council names Emily Manoso executive VP, legal and regulatory affairs and general counsel, replacing Tom Myers who has taken the group’s helm as president and CEO. Unilever acquires San Francisco-based hair care brand K18 for an undisclosed price. More beauty industry news.
More brands, particularly those acquired prior to Unilever’s 2019 shift in M&A strategy, could be on the chopping block, according to CEO Hein Schumacher, who took the helm in July. His targeted action plan includes investments to accelerate innovation and increase brand and marketing support.
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