City AM
UK · 59 mins ago
Unilever turns to ‘avocado mayonnaise’ as food weighs on profit ahead of spin-off
Unilever has turned to novel products including “avocado mayonnaise” in a bid to boost ailing sales in its food arm, which is poised to be spun off in a £33bn deal. The consumer goods giant upgraded its sales expectations but saw the performance of its food business and European operations drag on the group’s operating…
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