Hindustan Unilever Ltd on Friday reported a 1.08 per cent increase in consolidated net profit at Rs 2,508 crore in the third quarter ended December 2023. The company had posted a consolidated net profit of Rs 2,481 crore in the same quarter last fiscal, Hindustan Unilever Ltd (HUL) said in a regulatory filing. Its revenue from sales of products was marginally down to Rs 15,259 crore during the quarter.
It is a pity that he does not take his youth influencer role more seriously and align his brand endorsements more responsibly, notes Kanika Datta.
For a product initially positioned as a "closet mate" which could help improve a woman's marital prospects, HUL Chairman Sanjiv Mehta says the communication now is all about women's empowerment.
While HUL's Fair & Lovely was launched in 1975, Emami's Fair & Handsome was unveiled in 2005. Both companies now straddle both the men's and women's fairness categories in the country.
"Taking forward the brand's journey towards a more inclusive vision of beauty, the company will stop using the word 'Fair' in the brand name 'Fair & Lovely'. The new name is awaiting regulatory approvals and we expect to change the name in the next few months," Hindustan Unilever Ltd (HUL) said in a statement. As part of the rebranding, the company will also be announcing the new name for the 'Fair & Lovely' Foundation, set up in 2003 to offer scholarships to women to help them pursue their education.
What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?
The Fair & Lovely Foundation announces the Project Saraswati scholarships for women graduates and undergraduates who have the aptitude and ambition to excel in society.
Two films will release on Diwali.
'We urge the Modi government to rise above rhetoric and face the truth.'
Over the past few months, FMCG companies redefined their "fairness" offerings to make them more inclusive in the backdrop of the global movement "BlackLivesMatter".
"From time to time, we do India-specific innovations through products and benefits. Our studies showed that Indian women want a blemish-free skin," says Richa Singh, marketing manager, Garnier India.
HUL has achieved few milestones in the fiscal gone by and hence is performing good on revenues front.
The Fair & Lovely Foundation's Project Saraswati scholarships for women graduates and undergraduates.
Actors and sportspersons are increasingly blacklisting products like colas and fairness creams. Urvi Malvania explores what lies behind the concern among endorsers over brands they promote and how will it impact both.
Rural retail seems to be keeping a lot of women in villages across the country on their toes.
Hindustan Levers Ltd, India's top consumer goods firm, is likely to report first-quarter net profit fell nearly 13 per cent and revenue dipped as distributors held off on new orders due to uncertainty over a new value-added tax.
ASCI has released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against people with dark skin.
'You can be fat, you can be thin, you can be fair, or not, you are whatever you are.' 'It is about being happy about yourself.'
FMCG major Hindustan Unilever on Friday reported 23.43 per cent decline in net profit at Rs 1,019.25 crore (Rs 10.19 billion) for the first quarter ended June 30, 2013.
'You are what you are and you have to live life embracing all of you.'
We'll not take our eyes off volumes, said Sanjiv Mehta, MD of HUD after announcing that demonetisation had reduced the company's sales four percent.
'What fascinated me always was Alyque's ability to think in the vernacular despite his South Bombay and genteel upbringing,' notes Sandeep Goyal. 'Lalitaji or Hamara Bajaj were obviously not birthed in the hallowed environs of the Bombay Gymkhana.'
The two battle it out in the controversial but lucrative fairness cream market, spark a fresh bout of aggression in the war between the brands
In the coming months, Lever Ayush will venture into categories beyond soaps, shampoos, toothpastes, lotions and moisturisers, its current segments of operation, as it seeks to give the brand a horizontal push.
More than the revenue component, the movies gain hugely in terms of visibility and reach, reports T E Narasimhan.
Brands names are always critical, but -- as Ambi Parameswaran has discovered -- finding the right one for the Indian consumer requires something special.
The note ban is Modi's make-or-break gambit for 2019. Opposition leaders see a vulnerability and won't gift pre-eminence to the Congress, says Shekhar Gupta.
We asked readers if they were ever discriminated against because of their dark skin. Here are their responses.
'Salman and I would play table tennis and drive an ATV (All Terrain Vehicle) while shooting in Karjat. And he made me eat a lot of biryani!' Child actor Harshaali Malhotra shares her Bajrangi Bhaijaan experience.
With India's communication needs outstripping neighbours', companies are finding it easier for campaigns to be either based out of or outsourced to Indian agencies.
"Although we are kind of open Muslims, I don't want to show my body."
To tackle the resultant inflation, the Indira Gandhi government had imposed price controls on manufactured products, including soaps and vanaspati, in 1973.
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