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Unilever Global Growth to Slow as P&G Gains Market Share in India

Unilever may see global revenue growth slow in 2010 as Procter & Gamble and ITC Ltd. Boost marketing in India.

Unilever, which has relied heavily on accelerating sales of its Surf Excel detergent in India to make up for sluggish sales throughout Europe, has been challenged to compete with Procter & Gamble since P&G nearly halved the prices of its Ariel and Tide detergents sold in India in 2004, writes Bloomberg.

Now, P&G is stepping up the competition by offering Olay skincare products in Asia’s third-biggest economy, and is expected to gain share in India in the next five years, according to Ali Dibadj, an analyst at Sanford C. Bernstein in New York.

Asia and Africa make up about a third of Unilever’s worldwide sales; those economies will see their share of the company’s growth fall from 3.3 percent in 2007 to about 2 percent in 2010, according to Brussels-based brokerage Petercam SA. Revenue from Asia and Africa rose 11.4 percent in the first nine months of last year, and are expected to expand 9 percent in 2009.

Overall, Unilever’s growth is expected to slow from an estimated 5.3 percent in 2007 to 4.9 percent in 2010.

P&G is expected to gain share in the next five years in India

 

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Katz Adds Lincoln Financial Media to Client List

Katz Media Group has added another new client, Lincoln Financial Media, and will sell ad time on the company’s 15 stations beginning immediately.

Katz also added CBS Radio and Entercom last week, picking them off from Interep’s list.

Katz has also…

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Aegis CEO Departure Sparks Takeover Speculation; Bollore Smirks

Last week, Aegis Group CEO Robert Lerwill resigned unexpectedly, sparking speculation that a takeover may be on the horizon.

Lerwill stepped down officially today (Monday), with Aegis chairman John Napier taking over his duties on an interim basis, writes MediaPost. People…

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Despite Belt-Tightening, Out-of-Home Still Shows Promise

Out-of-home companies are bracing for the recession like everyone else, but they may not feel the sting as badly as other media.

Though the third quarter brought negative growth to the nation’s three largest OOH companies - Clear Channel Outdoor,…

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Macy’s Parade Rises 8% YOY

The 82nd annual Macy’s Thanksgiving Day Parade pulled an average 12.6 rating/26 share on Thanksgiving morning, Nov. 27, according to Nielsen.

That was 8% higher than its telecast last year, Mediaweek writes. NBC estimated that a total 44.7 million viewers…

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‘Time’ Takes Top Magazine Slot for College Students

Time magazine ousted Cosmo as the top magazine for college students in this year’s Anderson Analytics fall survey.

Time also jumped past People, which was last year’s No. 2, writes Ad Age. A Time spokesperson said the magazine did not run…

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Online TV, Video & Phone Show Biggest Yearly Growth

Email, news gathering and paying bills continue to be the most widely used online activities among U.S. adults, but downloading TV programs, watching videos and making web phone calls posted the biggest overall growth, according to data from Mediamark Research…

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