ET Awards 2019: Not drawing up contingency plan, says HUL's Sanjiv Mehta
“We are not creating a strategy for recession now. As a business, we are ready for the demand to pick up and it is not that we are putting the shutters down,” said HUL chairman. “The slowdown has to first slow. Then you have to stop slowing down. And then you have to reverse. So, at this stage, it is difficult to predict whether we have reached the bottom or not.”
HUL sales growth hits a 7-quarter low in Q1
Says weak consumer sentiment and slow wage increases limited pace of expansion; expects demand to...
Santoor 1st desi soap to hit Rs 2,000cr sales
With a turnover of over Rs 2,000 crore, Santoor has clearly overtaken HUL’s soap brand Lux, and...
Has Santoor overtaken Lux as India’s No. 2 soap brand?
Santoor closed the financial year 2018 with a turnover of Rs 1,930 crore and chances are it may have overtaken HUL’s beauty soap brand Lux.
Iconic brands shed inhibitions to go boldly into the new world
Some of India's biggest brands are repositioning products as wellness and health become a priority for consumers.
‘HUL slipping in some personal care segments’
In the past two years ended Sept, the maker of Lux and Dove soaps saw its share decline 290 bps to 41% in skin-cleansing or soaps, the largest segment in personal care.
Santoor topples Lux to grab number two slot in volume game: Kantar Worldpanel
Wipro’s Santoor soap has toppled HUL's Lux as No. 2 soap by all-India volumes for the first time.
Wipro consumer to push global brands in India
Santoor, which has crossed Rs 1,900 crore in sales, has a 9.4% share within soaps and is among the country’s top three soap brands with HUL’s Lifebuoy and Lux.
Hindustan Unilever questions Nielsen data
Nielsen cannot be taken it as a perfect science and has to be used more as a trend rather than an absolute number, said HUL.
Too early to say if GST Sounds death knell for unorganised players: HUL
It would take a few more quarters to see market shares shift to branded products from unorganised sector, Sanjiv Mehta, managing director at HUL, said.
HUL Q3 earnings today; expect better volume, higher margin
The owner of soap brands Lux and Dove had reported 4 per cent volume growth in July-Sept.
Volume growth improved in India after the Goods and Services Tax implementation: Unilever
Last quarter, it said tax benefits from the introduction of GST in India will be passed onto consumers with an impact at the global Unilever level of around 28 to 30 basis points on price in the second half.
Beauty soap Lux now for couples; Brand ropes Dhanush, Sonam Kapoor to whip up some lather
The bath-tub moves to the ghats of Benares as legacy soap brand Lux finds its calling in the lead pair of the Bollywood film Raanjhanaa.
Cash ban singes HUL, sales dip 1% to Rs 8,318 crore
Net sales during quarter ended December was Rs 8,318 crore compared with Rs 8,385 crore a year ago. Net profit grew 7 per cent to Rs 1,038 crore.
Hindustan Unilever launching a raft of Ayurvedic products to counter Patanjali
Given HUL’s determination to take on Patanjali, and the latter’s aggressive future plans, 2017 may see another classic corporate battle in the FMCG space.
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