Edition:
United Kingdom

Martinne Geller

Consumer companies pitch discounts, bargain products as economic malaise looms

27 Oct 2020

Unilever, Procter & Gamble and other major consumer goods manufacturers are touting lower-priced brands, smaller packages and discounts to woo penny-pinching shoppers struggling through the most severe global recession since the Great Depression of the 1930s.

Unilever could tidy portfolio with disposals in beauty and personal care

22 Oct 2020

LONDON Unilever could sell some small beauty and personal care brands as it looks to pivot its portfolio toward faster-growth areas, its chief financial officer said on Thursday.

Unilever's sales rebound masks murky outlook

22 Oct 2020

LONDON Unilever held back from celebrating a much stronger-than-expected return to sales growth in the third quarter on Thursday, as the CEO said the outlook remained "highly unpredictable". | Video

Reckitt lifts sales view as coronavirus spurs demand for Dettol, Lysol

20 Oct 2020

LONDON Reckitt Benckiser reported a much bigger-than-expected rise in third-quarter sales on Tuesday and raised its full-year outlook, as the coronavirus pandemic lifts demand for cleaning products such as Dettol and Lysol.

Unsuited to new era? Fate of formal fashion hangs by a thread

16 Oct 2020

MILAN/SYDNEY/LONDON Italian luxury designer Brunello Cucinelli makes men's suits that sell for up to 7,000 euros ($8,200). But even he - like most people across the globe - hasn't worn a suit for months, let alone bought one. | Video

Nestle kicks off $5 billion sale of Pure Life, other water brands - sources

15 Oct 2020

LONDON Nestle has kicked off the sale of its North American water brands including Pure Life and Poland Spring, according to four sources familiar with the matter, as the world's largest food group continues to exit slow-growth businesses.

World News