The Indian arm of the consumer goods group Unilever says it will change the name of its skin-lightening cosmetics range Fair & Lovely and stop using terms such as “whitening” in its marketing, but will continue selling the popular product which makes $500 million for the company each year. The new name...
Unilever Personal Care Sales up 13% in India
The India unit of Anglo-Dutch Unilever posted a quarterly profit that exceeded market expectations. The company said it outperformed the broader Fast Moving Consumer Goods market in both value and volume during the January-March period. Consumer demand grew 9% from the previous year to $1.21 billion in the fiscal fourth...