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Small is not big for HUL, bucks trend to hive off businesses

Small is not big for HUL, bucks trend to hive off businesses
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ITC Focuses On Premium Goods In Hunt For Margins

ITC Focuses On Premium Goods In Hunt For Margins
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Rohit Jawa s Day Zero as HUL MD & CEO, and the to-do list is a long one

As Sanjiv Mehta hands over the baton to Jawa, the latter, credited with transforming Unilever China and Unilever Philippines, has a tough task cut out for him. One of the main challenges before Jawa is the disruption from the startup world

New products, innovations earn HUL ₹900 cr in 2 years

Hindustan Unilever clocked INR900 crore in incremental revenue over the past two years due to digital-first launches and new product offerings. The company launched brands like Acne Squad, Find Your Happy Space and Novology, among others. However, HUL s chairman Nitin Paranjpe flagged "short-term" challenges due to inflation and supply chain disruptions caused by the pandemic. He maintained that within 6-24 months, the balance between volume growth and price increases will change, with less pricing and more volume growth.

Hul: India a top priority market for Unilever in the beauty space , ET Retail

“We are absolutely convinced that India will be for Unilever beauty and wellbeing in the next 10 to 15 years what China has been for some of our competitors in the last decade or so,” said Fernando Fernandez, president, beauty and wellbeing business at Unilever, adding HUL’s market share in the hair-care category has moved from 43% to 55% over the past decade while competitors lost 10% share in the same period.

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