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Slow global growth shows signs of improving.
July 23, 2015
By: TOM BRANNA
Editor
Slow global growth is showing signs of improvement, while prestige channels show a true way forward, according to Unilever's CEO. In an interview with CNBC, Paul Polman called prestige beauty a $70 billion market that is growing 6% a year. No wonder why the company has made a spat of acquisitions in that space during 2015. Those acquisitions include Murad, Dermalogica, Kate Somerville and REN. “Volume growth is now slow right now in the world. You saw the IMF (International...
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