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Any other business

Is corporate ‘purpose’ falling out of fashion?

4 February 2023

9:00 AM

4 February 2023

9:00 AM

Does a change of chief executive at Unilever, the British-based shampoo-to-Marmite multinational, signal the demise of the fashion for corporate ‘purpose’? Alan Jope, who steps down in July, drew scorn when he declared that every brand in his portfolio should ‘stand for something more important than just making your hair shiny… or your food tastier’.

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