85
Fashion Jobs
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
Published
Apr 28, 2022
Reading time
2 minutes
Download
Download the article
Print
Text size

Prestige beauty boosts Unilever in Q1

Published
Apr 28, 2022

Unilever’s Q1 results on Thursday saw the multinational fast-moving consumer goods firm turning in a strong sales rise, although that was down to price rises with volume sales actually dipping slightly.


Hourglass



Underlying sales growth was 7.3%, with 8.3% of that accounted for by price and a 1% volume deficit.

Total turnover increased by 11.8% to €13.8 billion, including a currency impact of 3.5%.

CEO Alan Jope said: “We are executing well in a very challenging input cost environment. Underlying sales growth of 7.3% was driven by strong pricing, with a limited impact on volume in the quarter. This performance was delivered against the backdrop of significant rises in input costs that have further accelerated through the first three months of the year, and the human tragedy of the war in Ukraine.”

Over the period, Beauty & Personal Care grew 7.1%, driven by price and continued strong growth in Prestige Beauty and vitamins, minerals and supplements.

Underlying sales growth in the division was 7.1% to reach €5.7 billion, which translates to 7.4% price growth and a dip of 0.3% by volume.

Within that, Skincare grew in low-single-digits, driven by North Asia and South Asia, while sales in North America were flat. But Prestige Beauty had another quarter of double-digit growth, on top of a very strong prior year comparison, when the health & beauty channel reopened. Its Hourglass and Living Proof brands “started strongly into the year supported by the premium hair and make-up categories bouncing back”.

Deodorants posted high-single-digit growth, helped by technology-driven innovations behind Dove and Rexona, as well as Axe making a strong start to the year. 

Hair posted mid-single-digit growth, led by both styling and wash & care. Sunsilk and TRESemmé contributed strongly with price-led growth while Suave declined. 

It said that Skin Cleansing saw high-single-digit growth with Dove, Lux and Lifebuoy performing well, but volumes declined in a contracting market.

Copyright © 2024 FashionNetwork.com All rights reserved.