Unilever increases marketing investment to highest level in over a decade
The consumer goods business is concentrating investment behind its most profitable brands and bigger innovation bets.
The consumer goods business is concentrating investment behind its most profitable brands and bigger innovation bets.
Sure is part of Unilever’s deodorant portfolio, which also includes Dove and Lynx. With these brands collectively holding over 55% market share of the category, Unilever is looking beyond armpits for future growth.
The consumer goods business has now delivered four consecutive quarters of positive volume growth, with CEO Hein Schumacher claiming it has more “focus” than before.
The Coca-Cola Company will pursue expanded profit margins by reaping the rewards of its marketing transformation programme, not cutting budgets, its CEO says.
The retailer has sold its high street branches, but retains its WHSmith travel retail proposition, which now makes up 75% of its revenue.
David Hills will remain at Asda until later this year with the supermarket yet to announce his replacement.
Why are so many companies ditching the CMO? It’s happened before but this time around it feels like a seismic shift in how businesses view marketing leadership.
Sales, closely followed by the CEO, may be the most important relationships for marketers to nurture, but do they feel the same way?