For the full fiscal 2022, Unilever’s turnover jumped 14.5% to €60.1 billion and underlying sales growth reached 9%. GAAP operating profit surged 24% compared to 2021 to hit €10.8 billion.

Chief Finance Officer Laurent Mercier said that Coty would implement new price increases in a very granular manner.

Besides, the company was given the Double A rating for climate and water for the fourth consecutive year by CDP (Carbon Disclosure Project).

Chairman, President and Chief Executive Officer Tim Boyle noted, “Financial performance could have been even higher, absent supply chain constraints.”

Currently scaling up production with BioBrew from AB InBev, EVERY is well positioned to drive the next wave of food systems innovation.

For the outlook, André Hoffman, the Vice-Chairman & Chief Executive Officer of L’Occitane noted:“The strongest of the current headwinds are likely to prove short-term. We remain optimistic about our long-term strategy.”

Aeffe aims to capitalize on the investment relating to the reorganization of the Moschino brand’s retail distribution in China.

Ferragamo noted that they are quite encouraged by the positive customers’ reaction in China since the restrictions were lifted.

Levi Strauss & Co. also announced that Harmit Singh’s role has expanded to chief financial and growth officer.

In 2022, the group recorded revenue of € 79.2 billion and profit from recurring operations of € 21.1 billion, both up 23%.