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UNA Unilever PLC

48.50
0.44 (0.92%)
30 Apr 2024 - Closed
Delayed by 15 minutes
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

Amazon Executive To Head Unilever Beauty Business

26/03/2019 2:41pm

Dow Jones News


Unilever (EU:UNA)
Historical Stock Chart


From Apr 2019 to Apr 2024

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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

WSJ City: The news, the key facts and why it matters. Be deeply informed in less than five minutes. You can find more concise stories like this on the WSJ City app. Download now from the App Store or Google Play, or sign up to newsletters here http://www.wsj.com/newsletters?sub=356&mod=djemwsjcity

 

(END) Dow Jones Newswires

March 26, 2019 10:26 ET (14:26 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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