Unilever Signals Potential Detergent Price Hikes Amid Geopolitical Instability
Rising Costs in the Supply Chain Unilever, the global consumer goods conglomerate, announced on Thursday that it may increase the prices of its detergent products in response to mounting logistics costs fueled by the ongoing conflict in Iran. Chief Financial Officer Srinivas Phatak confirmed the company is evaluating its pricing strategy to offset external economic…