HUL splits beauty and personal care business
Financial Express Mumbai|December 02, 2023
HINDUSTAN UNILEVER (HUL) is splitting its secondlargest business - beauty and personal care (BPC) - into two as it seeks to fight direct-toconsumer and digital-first brands which have emerged as serious competitors to it in recent years.
VIVEAT SUSAN PINTO
HUL splits beauty and personal care business

On Friday, HUL, the country's largest consumer goods company, said that BPC, which reported an FY23 topline of 21,831 crore (37% of total revenue), would be segregated into beauty & well-being (B&W) and personal care (PC), with two new division heads to oversee operations.

Harman Dhillon would lead the beauty and wellbeing division, and Kartik Chandrasekhar would lead the personal care business.

Madhusudhan Rao, who was executive director, B&W and PC, had decided to retire, the company said, adding the changes were effective April 1, 2024. Both Dhillon and Chandrasekhar would be part of HUL's management committee.

This story is from the December 02, 2023 edition of Financial Express Mumbai.

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This story is from the December 02, 2023 edition of Financial Express Mumbai.

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