Unilever’s new european strategy to reflect growing poverty
Share Now on:
The European company Unilever is a giant food and household goods company. Here in the U.S. it owns brands like Hellman’s, Lipton, Vaseline and Dove. Unilever is even more dominant in Europe.
Its top European official said something very provocative in a new interview with the Financial Times Deutschland. He said poverty has come back to southern Europe — and the company will approach consumers there using techniques from developing countries.
Gerard Rijk is a food and beverage analyst with ING in Amsterdam. He says the techniques will include reducing the packaging sizes of products to make those products more affordable for customers on tight budgets.
But won’t European be insulted to be treated like people in developing countries? Rijk doesn’t think so. “It just makes life easier for them,” he says.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.