Jul 23, 2020

Unilever: Ice cream in, personal hygiene out in lockdown

People working from home have been eating more ice cream but neglecting their grooming habits, consumer goods giant Unilever has suggested. The firm said ice cream sales leapt 26% in the three months to June, but demand for shampoo and deodorant fell. It said it had seen strong "Growth in home consumption of foods, ice cream and tea" during lockdown. The firm's Magnum and Ben and Jerry's brands benefited the most as people bought more ice cream to eat at home. Unilever - which owns brands such as Marmite and PG Tips tea- posted a 4% climb in first-half pre-tax profits to €4.5bn after people stockpiled toilet rolls and other consumer goods at the start the coronavirus crisis.

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