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HUL splits beauty, personal care business
Mint Mumbai
|December 02, 2023
Hindustan Unilever Ltd (HUL) is splitting its beauty and personal care business into two, one dedicated to beauty and wellbeing (B&W) and the other to personal care (PC), as it looks to take on younger, mostly digital-focussed companies that are challenging the incumbents.
With the transition, effective 1 April, HUL's beauty and personal care business structure will mirror that of parent Unilever, which too has B&W and PC as separate divisions.
HUL's beauty and personal care division contributed 37% of its revenue in FY23, with brands such as Lifebuoy, Lux, Sunsilk, Clinic Plus, Dove, Lakmé, Pond's and Closeup.
This story is from the December 02, 2023 edition of Mint Mumbai.
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