×
201
Fashion Jobs
RITUALS
Area Manager (Vikariat) - Sydsverige
Permanent · Lund
H&M
Head of Products (Pam) For Payments (Customer Domain)
Permanent · Stockholm
H&M
Project Manager – New Business Development at h&m Home
Permanent · Stockholm
H&M
Experience Design Director/Product Area Lead Designer For Customer-Facing Products
Permanent · Stockholm
LEVI'S
Key Account Manager
Permanent · Stockholm
H&M
Product Owner (Functional Lead) - Core HR Processes
Permanent · Stockholm
H&M
Product Area Manager - Inspire & Discover (Customer Domain)
Permanent · Stockholm
H&M
Product Area Manager – Evaluate & Decide (Customer Domain)
Permanent · Stockholm
H&M
HR Business Partner to h&m Group Business Tech
Permanent · Stockholm
H&M
Production Manager to h&m Global Marketing & Communications
Permanent · Stockholm
H&M
Software Engineers With Adobe Campaign Skills to h&m Business Tech - Customer Domain
Permanent · Stockholm
H&M
Chemical Compliance Specialist Cosmetic Products
Permanent · Stockholm
H&M
3d Business Expert - Competence Lead to h&m Business Tech
Permanent · Stockholm
H&M
Product Owner For One of The Style Products Within Customer Engagement Area
Permanent · Stockholm
H&M
Product Owner to Global Connectivity, h&m Group
Permanent · Stockholm
H&M
Merchandise Manager
Permanent · Stockholm
H&M
Cross Delivery Coordinator to Sap Test Management, h&m Group
Permanent · Stockholm
H&M
Data Analyst to Allocation Precision Team to Business Tech
Permanent · Stockholm
H&M
Head of Expansion & New Business - h&m Beauty
Permanent · Stockholm
H&M
Data Analyst to h&m Business Tech - Payments Area
Permanent · Stockholm
H&M
Product Area Analyst For Customer Commerce Delivery @h&m Business Tech
Permanent · Stockholm
H&M
Product Owner to Store Lifecycle
Permanent · Stockholm
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 2022 All rights reserved.