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Unilever, owner of Dove soap and Hellmann’s mayonnaise, over the past few years has turned its focus to high-margin premium products through innovation and acquisitions, particularly in beauty and personal care, while looking to grow in key markets India and the United States.
Like its consumer goods peers, it is also streamlining its business, cutting costs, and aiming to bolster margins under new CEO Fernando Fernandez, as it faces weak consumer sentiment and economic uncertainty.
