Unilever , one of the world’s biggest spenders on advertising, has threatened to pull ads from digital platforms such as Facebook and Google if they “create division” in society or fail to protect children.
Gillette India net profit rose by 7 percent to Rs 59 crore (approx $ 9.2 million) for the second quarter on the back of strong sales in the grooming segment and expansion of its store and product portfolio.
U.S. beauty products maker Coty Inc reported a better-than-expected quarterly profit on Thursday, driven by strong demand for Tiffany & Co and Gucci Bloom fragrances, as well as recently-acquired makeup brands.
Unilever reported a bigger-than-expected acceleration in Q4 sales growth on Thursday, helped by a stronger performance in emerging markets that saw the consumer goods maker end its tumultuous year on a higher note.
Q4 was a challenging time for H&M as its core chain resorted to major markdowns. But the firm is upbeat, seeing plenty of growth potential through new brands, new markets and both the store and digital channels.