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.
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.
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
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.
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
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.