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With failed GSK bid behind him, CEO Alan Jope expects more M&A activity in the luxury beauty, health and wellness space.
February 13, 2022
By: TOM BRANNA
Editor
Unilever plans to expand in the prestige beauty category. Last month, Unilever failed to acquire GlaxoSmithKline's consumer health care business. That hasn't deterred the company from seeking new business via acquisitions. In a conference call with reporters following Unilever’s full-year results announcement, Unilever CEO Alan Jope said prestige and wellness products, such as vitamins and supplements, are now making “meaningful contributions” to overall sales growth. With those con...
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