×
279
Fashion Jobs
NIKE
Senior Product Manager - Enterprise Service Management (Esm), India – Tech Ops Icc
Permanent · Bengaluru
AASPIRE MANAGEMENT CONSULTANTS
Manager Production – Heat Treatment - aa / RP / ht- Pdn / 18 - w / 21
Permanent · Chennai
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
SMART CONSULTANCY SERVICES
Deputy General Manager (Knits)
Permanent · Bengaluru
WORKOID CONSULTANTS.
Production Manager-Handicrafts-Udaipur
Permanent · Udaipur
SIYARAM SILK MILLS LTD
Regional Sales Manager Fabric - South Region (India)
Permanent · Chennai
AVENUE SUPERMARTS LIMITED
Operations Manager
Permanent · Chennai
WEATHER RISK MANAGEMENT SERVICES PRIVATE LIMITED
Production Manager(1+ Years)-Kanpur
Permanent · Kanpur
ISHIN
E-Commerce Business Development Manager
Permanent · Mumbai
ISHIN
E-Commerce - Listing Manager
Permanent · Mumbai
NIKE
Software Engineering Manager - Operations & Logistics Technology, India – Move Icc
Permanent · Bengaluru
NIKE
Principal Quality Engagement Manager, India – Tech Ops Icc
Permanent · Bengaluru
BIG SOFT HR SOLUTIONS
Production Manager (Mechanical) Mumbai
Permanent · Mumbai
BIG SOFT HR SOLUTIONS
Production Manager (Electrical) Mumbai
Permanent · Mumbai
BIG SOFT HR SOLUTIONS
Production Manager Tetra Line
Permanent · Mumbai
ISHIN
Sales Manager / Bdm - Women's Apparel (Retail/Wholesale)
Permanent · Mumbai
SVA BY SONAM & PARAS MODI
Store Merchandiser
Permanent · MUMBAI
NIKE
Transformational Initiative Information Security Lead, India - Cis Icc
Permanent · Bengaluru
NIKE
Senior Engineering Manager - Nike Content Platform, India - Marketing Technology Icc
Permanent · Bengaluru
NIKE
Cyber Security Data Engineer (Governance), India – Cis Icc
Permanent · Bengaluru
NIKE
Application Security Architecture Consultant, India - Cis Icc
Permanent · Bengaluru
NIKE
Manager Data Products, Data & Analytics, India – ed&a Icc
Permanent · Bengaluru
By
Reuters
Published
Jan 14, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Unilever says global consumption will remain depressed in first half of year

By
Reuters
Published
Jan 14, 2021

Consumer goods maker Unilever Plc expects global consumption patterns to be suppressed in the first half of this year, even as business returns to normal in East Asia and markets in Africa and Latin America show resiliency, its chief executive told Reuters.


Reuters


“We still hold that the first half of this year will be a continued period of suppressed consumption ... with that starting to come back in the second half of this year and then next year,” Chief Executive Officer Alan Jope said in an interview at the Reuters Next conference on Wednesday.

The maker of Dove soap, Hellmann’s mayonnaise and Tresemme shampoo withdrew its annual sales growth target in April and Jope said he was still wary of making any predictions about its future business due to the fluidity of the Covid-19 pandemic.

However, he said the company would grow ahead of the broader market and he does not expect any hits to margins in the near term.

“We would not expect any major setbacks on a margin perspective, but I don’t want to get into a numbers game beyond that until things globally stabilise a little bit,” he said.

The pandemic has boosted sales of packaged food for companies like Unilever, Nestle and Kraft Heinz, though Unilever was hurt by sharp declines in foods served in public places like beaches and restaurants.

Still, there were signs of progress, with Jope saying business was back to normal in East Asia, notably in Singapore and China, and that despite rising cases, Africa and Latin America were showing strong consumption resilience.

Jope also said that the company was continuing to focus on the reshaping of its portfolio, but that investors should not “hold their breath” on any significant disposals in its beauty and personal care business.

There may be some cleanup of small brands in beauty and personal care, but they will have minimal impact, he added.

© Thomson Reuters 2021 All rights reserved.