Unilever Chases Consumers by Focusing on Beauty Rather Than Food
Cans of Dove deodorant, produced by Unilever Plc., at a supermarket in London.
Photographer: Simon Dawson/Bloomberg
Unilever Plc Chief Executive Officer Fernando Fernandez is following his predecessors in weighing a reduction in the group’s foodmaking operations to favor faster growth in areas like hair care and deodorants.
Bloomberg reported Tuesday that the London-based firm is in the early stages of weighing a separation of all or part of its food business, though no decisions have been made, according to people familiar with the matter.