Luxury beauty bolsters Unilever 2019 sales

Ren, Dermalogica and Hourglass were singled out for their strong performance

via Instagram/@dermalogica

Consumer goods giant Unilever has achieved strong prestige beauty sales for the first half of 2019, with Dermalogica, Ren and Hourglass reporting double digit growth.

The Beauty & Personal Care division grew by 3.3% bolstered by new formats in cleansing, including Dove bath bombs and foaming hand wash.

Overall company sales grew by 3.3.%, just shy of analyst expectations of 3.7%.

Meanwhile, hair care saw only a modest growth, particularly in the US, but skin care was a success story thanks to on-trend launches such as Pond’s InstaBright Glow cream.

“We have delivered consistent growth within our guided range for 2019, led by our emerging markets,” said Alan Jope, CEO of Unilever.

“Accelerating growth remains our top priority and we continue to evolve our portfolio and seek out fast growth channel and geographical opportunities, as well as address those performance hotspots where growth is falling short of our aspirations.”

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