With much of the world under some form of coronavirus lockdown, consumer trends indicate that with nowhere to go, people in quarantine may be washing their hair less frequently, not wearing deodorant and shaving less while stuck at home
Unilever has tried to pivot by shifting more than 30 of its factories worldwide to focus hand sanitizer production, including their. Coronavirus crackdowns have also hurt Unilever’s food services division, which contracts with restaurants that have been forced to suspend dine-in services. The company reported
for the first quarter on Thursday, down from just more than 3% the previous year—lower than analysts expected, with the release of the report causing shares to drop 5% in early trading.Pandemic shopping trends may lead to a permanent shift in consumer behavior, Jope said. He suspects coronavirus will lead to massive development within“I think we will be able to look back and see this as
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