PUBLISHED : 8 Feb 2024 at 21:14
LONDON: Britain’s Unilever said on Thursday that fourth-quarter sales growth in Southeast Asia had been hurt by shoppers in Indonesia boycotting brands of multinational companies “in response to the geopolitical situation in the Middle East.”
The maker of Dove soap, Knorr stock cubes and Ben & Jerry’s ice cream is among several Western brands that have seen protests and boycott campaigns against them – particularly in countries with large Muslim populations – over their perceived pro-Israeli stance in the Israel-Hamas conflict.
McDonald’s this week posted its first quarterly sales miss in nearly four years, partly due to the conflict in the Middle East. The company said the war had “meaningfully…
