THE WHAT? Unilever contends that its second quarter and first-half results prove that its strategic choices, known collectively as Unilever Compass, are paying dividends.
THE DETAILS The UK-based FMCG manufacturer reported progress against each metric in a statement posted on its website, revealing that its most purposeful brands, Rexona among them, were among those which posted the strongest growth. Meanwhile, Unilever is continuing its mission to evolve its portfolio into high-growth spaces, with the Prestige Beauty and Health & Wellness units reporting double-digit growth (14 percent and 28 percent respectively).
In terms of its goal to accelerate growth in US, India, China and key growth markets, the results were mixed, with China’s strict lockdown hitting sales there despite a solid performance in the US and impressive growth in India. Meanwhile, e-commerce is rapidly becoming a key channel, now accounting for 14 percent of turnover and growing 25 percent this year.
Last, the company’s new Business Groups, part and parcel of its drive to simplify the organisation and improve agility, are now in place and fully responsible for their portfolios.
THE WHY? CEO Alan Jope, commented, “This major change to Unilever’s operating model is an important further step that will underpin the delivery of consistent growth, which remains our first priority.”
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
-
Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
-
Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
-
Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
-
Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
-
Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
-
Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
-
Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
-
Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
