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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Unilever PLC | EU:UNA | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.44 | 0.92% | 48.50 | 48.26 | 48.50 | 48.55 | 48.08 | 48.14 | 1,853,341 | 16:40:00 |
By WSJ City
Unilever has appointed an Amazon.com executive to run its beauty and personal-care business, tapping an industry veteran with expertise in a broad range of consumer products and e-commerce to lead its biggest division.
KEY FACTS
--- Unilever is the owner of Dove soap and Ben & Jerry's ice cream.
--- It said Sunny Jain would begin his new role in June.
--- He's currently Amazon's head of consumables.
--- Jain replaces Alan Jope, who was recently promoted to be CEO.
Why This matters
Unilever has steadily shifted its focus toward high-growth personal-care products and, more recently, beauty lines.
41%, Share of Unilever's 2018 revenue from beauty and personal care
That expansion has been helped by a string of acquisitions of high-end skin-care brands, including lines that appeal to specific ethnic groups and feature natural ingredients. Unilever has also been working to soup-up its digital capabilities in manufacturing, distribution and marketing.
A fuller story is available on WSJ.com
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(END) Dow Jones Newswires
March 26, 2019 10:26 ET (14:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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