×
1 223
Fashion Jobs
ALEXANDER MCQUEEN
Collection Coordinator Assistant
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place London - 37.5 Hours - Full Time, Permanent
Permanent · London
PAUL SMITH
Office Administrator
Permanent · NOTTINGHAM
FRASERS GROUP
Trainee Commercial Manager
Permanent · SHIREBROOK
FOREO
Key Account Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 26 Hours - Part Time, Permanent
Permanent · Edinburgh
BEARA BEARA
Marketing Executive (Taiwanese)
Permanent · LONDON
BRANDLAB 360 - HULA
Hula by Barbara Hulanicki – Wholesale Sales Manager
Permanent · LONDON
HOMEGOODS
Loss Prevention Detective
Permanent · Countryside
TK MAXX
10933-Loss Prevention Officer Sth Ruislip
Permanent · Ruislip
TK MAXX
10933-Loss Prevention Officer Haringey
Permanent · London
ESTÉE LAUDER
Aveda Haircare Category & Marketing Planning Manager
Permanent · London
ESTÉE LAUDER
Mac - Area Sales And Education Manager - London - Maternity Cover
Permanent · London
RALPH LAUREN
Operations Manager - Gretna
Permanent · Gretna
LUXURY RECRUIT
Head of Digital - Luxury
Permanent · LONDON
LUXURY RECRUIT
Brand Director - Luxury
Permanent · LONDON
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
BLACK PR
Sales Account Manager
Permanent · LONDON BOROUGH OF HACKNEY
ESTÉE LAUDER
Clinique - Consultant - Boots, Inverness - 18 Hours - Part Time, Permanent
Permanent · Inverness
RELY RECRUITMENT
Head of Finance / Finance Manager
Permanent · LONDON
LEVI'S
Performance Marketing Manager
Permanent · London
Published
Apr 18, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Unilever strong as beauty acquisitions boost sales

Published
Apr 18, 2019

Consumer products giant Unilever defied expectations on Thursday and reported higher than predicted quarterly underlying sales growth as a combination of higher prices, larger volumes, and strength in emerging markets all took analysts by surprise.


Unilever



The Dove, Ponds, Dollar Shave Club and Hourglass owner said that those sales were up 3.1% to a massive £12.4 billion with 1.2% of the increase coming from volume and 1.9% from price. Importantly, underlying sales in emerging markets grew 5%.

CEO Alan Jope called it a “solid start that keeps us on track for our full-year expectations.” He added that “accelerating growth is our number one priority. It requires both great execution and a continued strategic shift into faster growth segments and channels.”

And beauty is likely to be a big part of that. Importantly, the acquisitions it has made since 2015 (which includes a raft of beauty brands) “collectively grew double-digit in the first quarter.”

In the key Beauty & Personal care division (its biggest operating unit), underlying sales growth matched the overall company’s figure with a 3.1% rise to €5.2 billion. Skincare and deodorants “had a good start,” while hair and skin cleansing “grew modestly.” Sales in oral care declined due to challenging market conditions.

The company said its global brands were helped by innovations including the launch of a new patented anti-perspirant technology in its Rexona Clinical Protection range and extra moisturising properties for its Dove foaming handwash in North America. Ponds and Sunsilk also grew well. 

It added that a further increase in the number of local innovations is helping it to “capture emerging trends better and faster than ever before,” such as its St. Ives facial mists, “an on-trend new format,” and the Love Beauty & Planet line that “continued to build scale.”

As mentioned, its acquisitions performed strongly and Dollar Shave Club did so as it rolled out a new 'full-service model' designed to make it easier for subscribers to add a full range of grooming products to their monthly regime. 

Prestige also delivered another quarter of double-digit growth and Schmidt's and Quala grew strongly, helped by their expansion into other personal care categories.

Copyright © 2022 FashionNetwork.com All rights reserved.