New York Stock Exchange enters battle for Unilever ice cream unit listing April 1, 2024 The New York Stock Exchange has reportedly joined the battle to tempt Unilever’s ice cream business to list on their stock exchange.
IMF economy warning reverses FTSE 100 gains despite Unilever’s best efforts July 26, 2022 A bleak set of projections from the International Monetary Fund (IMF) pegging UK growth as the worst in the G7 weighed on London markets today. The capital’s premier FTSE 100 index remained unchanged, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 1.18 per cent [...]
Unilever thanks ‘power brands’ for sales bump as Marmite-maker steams ahead with turnaround plan April 25, 2024 Consumer giant Unilever said sales of its most popular brands such as Dove soap helped drive growth in the first quarter, in the businesses first trading update since announcing plans to sell its ice-cream arm.
Unilever continues slim down with beauty arm sell-off to US private investment firm December 18, 2023 Unilever will sell its Elida Beauty business to an American private investment firm as it looks to optimise its personal care portfolio. The financial terms of the deal, which were not disclosed, are expected to close in mid-2024. The buyer, Yellow Wood Partners, has already invested in a host of personal care products including Dr [...]
Unilever: Ben & Jerry’s maker appoints new chair as leadership shake-up continues July 28, 2023 Ben & Jerry’s maker Unilever has appointed a new chair as the shakeup of its top team continues. The British company, which makes everything from ice-cream and Hellmann’s to Wall’s, said Ian Meakins will join Unilever’s board on 1 September as its non-executive director and chair designate. He currently serves as the chair of British [...]
Unilever to sponsor Fifa Women’s World Cup after loss of Visit Saudi May 12, 2023 Unilever has entered into a sponsorship partnership with the Fifa Women’s World Cup which sees the global football tournament begin to replace the severed deal between the competition and Visit Saudi. Football’s governing body Fifa confirmed in March that the Saudi Arabian tourism board would no longer sponsor the major women’s event after a backlash [...]
Unilever: Why job cuts and ice cream split may be a sweet deal for the FTSE 100 business March 19, 2024 Consumer goods giant Unilever is continuing to top the FTSE 100 leaderboard, as news of job cuts and a spin-off of its ice cream business has sweetened investors.
With a new CEO stepping in, Unilever must now do the right thing and exit Russia July 4, 2023 Still operating in Russia currently means financing Putin's war in Ukraine. It's time for Unilever to face reality, end its hypocrisy and exit the country for good, writes Margaret Hodge
Unilever: New boss promises step-change after ‘flat volumes’ in half-year results July 25, 2023 Unilever made a modest profit in the first half of the year with turnover reaching €30.4bn (£26.2), as it was driven by sales in its personal care and beauty market.
Unilever makes mayo from food inflation as Ben & Jerry’s owner sales soar April 27, 2023 Unilever, owner of Ben & Jerry’s and Hellman’s Mayonaise, has raised its expectations for the rest of the year after strong sales off the back of rising prices. The conglomerate which deals in everything from beauty products to homeware and nutrition to ice cream, reported underlying sales growth was up 10.5 per cent to almost [...]