×
297
Fashion Jobs
LEVI'S
Group Product Manager
Permanent · Bengaluru
AVENUE SUPERMARTS LIMITED
Excellent Opportunity With Dmart _ Production Managers
Permanent · Chikmagalur
ENOAH I SOLUTION INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Bengaluru
KISHOR EXPORTS
Garment Technician
Permanent · Agra
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Delhi / Ghaziabad
Permanent · Ghaziabad
KEYAL EMPIRE DESIGN PRIVATE LIMITED
Production Manager
Permanent · DELHI
MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED
Sales Team Manager/sr . Sales Manager/Territory Sales Manage-Bangalore
Permanent · Bengaluru
SERVOTECH INDIA LIMITED
Sil - Production Manager/ Quality Manager - Tarapur (Boisar)
Permanent · Tarapur
JOB INDIA
Area Sales Manager- Operations (Garment Retails)
Permanent · Gurugram
MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED
Team Manager/ Territory Manger- Sales- Meerut
Permanent · Meerut
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Punjab
Permanent · Ludhiana
ALGOR SUPPLYCHAIN SOLUTIONS PRIVATE LIMITED
Hiring For Sales Manager in Logistic co| Hyderabad | Bangalore
Permanent · Bengaluru
ELECTRONICA FINANCE LTD
Area Sales Manager - Faridabad Machinery Loan
Permanent · Faridabad
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Khammam_Vizianagram_Hyderabad
Permanent · Khammam
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Nagaur
Permanent · Nagaur
ATOMBERG TECHNOLOGIES PVT LTD
Area Sales Manager - Tirunelveli/Nellai
Permanent · Tirunelveli
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Punjab
Permanent · Ludhiana
DIGITAL INDYA
Hiring For Sales Manager
Permanent · Gurugram
VOX BUILDING PRODUCTS PRIVATE LIMITED
i am Looking For Smart Sales Executive/Sales sr Exe/Sales Manager
Permanent · Mysuru
PHARMA PLACEMENTS INC.
Manager Production - Apis & Intermediates
Permanent · Tarapur
PHARMA PLACEMENTS INC.
Manager Production - Apis & Intermediates
Permanent · Tarapur
FINO PAYMENTS BANK
Territory Sales Manager - Merchant & Distributor Onboarding - Rewari
Permanent · Rewari
Published
Apr 29, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Prestige beauty strong for Unilever in Q1, new Elida unit performing well

Published
Apr 29, 2021

Global home products giant Unilever said Thursday it delivered "strong growth” in its Prestige Beauty segment as all its divisions produced positive revenue gains in the first quarter.


Uniliver's Hourglass brand


Beauty & Personal Care’s underlying sales grew 2.3% to €5 billion in the opening quarter, with 1.5% from volume and 0.8% from pricing. Meanwhile, its Prestige Beauty business grew in strong double-digits, helped by the gradual restocking and reopening of bricks and mortar stores in the US, it noted.

Skincare and haircare both grew in mid-single-digits, while skin cleansing also grew in mid-single-digits, with growth in the first two months. That was followed by a decline in March as the company said it started “lapping a sharp increase in demand for hygiene products”.

In hair, wash & care growth was driven by strong performances in China and India, which was partly offset by a decline in styling, as restricted living continued to weigh on usage occasions, it said. 

And it was even worse in the deodorants sector as a high-single-digit decline was, of course, also down to the market impacted by lower consumer usage due to lockdowns and the need for many to work from home. 

There was also an update on the creation of its new unit, Elida Beauty, which now comprises a number of its smaller beauty and personal care brands such as Caress, Tigi, Timotei, Impulse and MonSavon, which collectively generated revenues of around €0.6 billion in 2020. It said the new segment is “making good progress”, benefiting from a dedicated management focus.

And as part of “driving the evolution of our portfolio”, the company also rolled out Dove brand's Care & Protect innovation across the Americas, Europe and India, with new technology bringing together “hygiene and long-lasting moisturisation across formats. 

Along the same theme, Unilever also said its prestige Hourglass colour cosmetics brand had launched a 100% vegan red lipstick, formulated with a patent-pending pigment replacing the industry standard, produced from crushed beetles.

Overall, the opening quarter saw company-wide underlying sales up 5.7% to €12.3 billion, with 4.7% from volume and 1% from price. E-commerce continued to perform strongly, with underlying sales growth of 66%, now representing 11% of turnover.

CEO Alan Jope said in the trading statement: “We continued to focus on operational excellence, which is delivering improved competitiveness. In 2021, we expect to deliver underlying sales growth within our multi-year framework of 3-5%, with the first half at around the top of this range. We expect underlying operating margin to increase slightly in the full year, following a decline in the first half which is driven by a number of factors." 

He added: “Covid-19 continues to cause additional supply chain costs and a negative margin mix. Commodity and freight costs have increased further and we will be lapping lower marketing spend in the first half of last year”.

Copyright © 2021 FashionNetwork.com All rights reserved.