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Unilever Taps Amazon Exec To Lead Beauty Business

PYMNTS

To lead its personal care and beauty businesses as it homes in on digital, Unilever tapped an executive who is currently working at Amazon. While at P&G, the executive worked in marketing, business creation, information technology and sales. Jope was recently promoted to the role of chief executive at Unilever.

Retail 100
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CEO Says Unilever Is Not Benefitting From COVID-19

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Despite increased demand for its soap brands, Unilever’s CEO said the U.K. In an interview with CNBC’s “Squawk on the Street,” on Tuesday (April 14), Unilever CEO Alan Jope said while many of its brands are experiencing a boost in demand, its home and restaurant food products are tanking.

Branding 173
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Unilever Says Its Amazon Sales Don’t Add Up To Much

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Unilever has revealed that its sales on Amazon are only a small piece of its pie since most of its products sold on the website are priced below $10. No one makes money on Amazon if you sell below $10 … and a lot of our business is in products below $10,” he said. million) in sales from the eCommerce giant last year.

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Dollar Shave Club Names New Chief Executive Officer

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Goldberger will report to Unilever North America President Fabian Garcia and will be a part of the beauty and personal care organization, according to an announcement. Unilever is among the globe’s top suppliers of beauty and personal care, foods and refreshment and home care items with sales in more than 190 nations and reaching 2.5

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Mastercard Develops Micro SMB Financing Solution With Unilever

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Mastercard is expanding its existing partnership with Unilever to bridge micro-small business owners in Africa with access to financing. That analysis will then be used to provide an eligibility recommendation to Kenya Commercial Bank to offer micro-financing to those businesses in the form of credit lines, the firms explained.

Analysis 100
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Digital Marketplaces Like Amazon Are Primed For Consolidation

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Investors have spent over $1 billion this year on buying up successful small businesses to try and create new digital conglomerates, according to the Financial Times. With the lucrative finances, investors see an opportunity to treat Amazon like "the new mall," rolling up businesses and scaling them up, FT writes.

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Mastercard And Unilever’s Micro-Lending Has Macro Results For Kenyan SMBs

PYMNTS

Building, sustaining and growing a small business isn’t easy in the best of circumstances. That intimate level of insight could be a business advantage – if not for the fact that your entire operation runs on cash. Even in a developed economy, margins are narrow, and tough decisions must be made daily, if not hourly.

Lending 101