Lean Times for Unilever
Busy shrinking a vast and unwieldly slew of brands, the consumer-staples giant was way late to the low-carb party
For too long, analysts say, Unilever (UN ), the consumer-staples giant behind household brands such as Lipton teas and Dove soaps, thought the low-carb diet craze was just that -- a craze. Its stock is still paying the price for that widely publicized miscalculation. Now, the Anglo-Dutch outfit that manufactures Slim-Fast diet products has got the low-carb religion, replacing the head of that division and preparing to roll out a slew of low-carb products.
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