Competition bites at Unilever, Nestle under pressure

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Unilever has reported lower-than-expected third-quarter sales, losing market share to smaller competitors. As Sonia Legg reports, Swiss rival Nestle has also said increased restructuring costs would weigh on its margins suggesting perhaps that big isn’t always beautiful in when it comes to global food and consumer goods.

Competition bites at Unilever, Nestle under pressure

Tags : Increased restructuring costs, Increased restructuring costsweigh on margins, Swiss rival nestle, Unilever reports lowerthanexpected thirdquarter sales, Losing market share to smaller competitors, Weigh on margins

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