Retailers including Cadbury and Unilever will have to re-apply to use Royal Arms imagery under new King September 12, 2022 Retailers including Cadbury and Selfridges will have to re-apply for permission to use the Royal Arms in association with their products. More than 100 food and drink brands have had a Royal Warrant of Appointment, providing them with permission to use the imagery on their packaging. After Queen Elizabeth II’s death on Thursday last week, [...]
McDonald’s and Unilever cut ties with Russia after boycott calls March 8, 2022 Fast food titan McDonald’s has announced the temporary closure of its Russian venues while Unilever also said it would suspend operations. The announcements come after social media users had called for boycotts of companies refusing to cut ties with the country in recent weeks. McDonald’s said it would be pausing operations in Russia amid the [...]
Unilever commits to new health standards after shareholders pile on pressure March 7, 2022 Unilever has today committed to overhauling the way it reports on the health of its products after bosses came under fire from a shareholder activist group for lacklustre performance on nutrition.
Ben & Jerry’s sues parent firm Unilever over sale of Israeli business to ‘protect social integrity’ July 6, 2022 Ice cream maker Ben & Jerry’s is suing parent firm Unilever in a bid to thwart the sale of its business in Israel to a local licensee, arguing the “social integrity” of the brand is at risk. Unilever announced last week it had sold its interest in Ben & Jerry’s to Isreali licence-holder Avi Zinger, [...]
Unilever makes £50bn bid for GSK’s consumer business January 15, 2022 Unilever has confirmed reports it made an unsolicited £50bn bid to snap up Glaxo Smith Kline's (GSK) consumer goods business.
Unilever should ‘seriously think about splitting’, says major shareholder February 5, 2022 One of Unilever’s largest investors has called for the consumer goods giant to split, following its failed GlaxoSmithKline (GSK) bid. Bert Flossbach, founder and chief investment officer of Flossbach von Storch, one of Unilever’s top 10 shareholders, said that the Marmite-to-Dove soap maker is too diverse, and would benefit from slimming its operations. “Unilever should [...]
Activist investor Trian takes stake in Unilever as pressure builds on Alan Jope January 23, 2022 Activist hedge fund Trian Partners has reportedly taken a stake in Unilever as investors continue to pile pressure on beleaguered boss Alan Jope.
‘Marmite situation’ for GSK investors as Unilever bids spark potential bidding war January 17, 2022 Analysts have predicted a potential bidding war erupting for GSK’s consumer arm.
Unilever offer for GSK consumer arm is short by £5bn say analysts January 17, 2022 Unilever’s rejected £50bn offer for Glaxo Smith Kline’s (GSK) consumer business falls short according to market analysts. Marmite maker Unilever has had three unsolicited offers rebuffed by GSK including a bid made last month which comprised of £41.7bn in cash and £8.3bn in company shares. Analysts have questioned the financial reasoning behind Unilever’s bid with [...]
Chanel names Londoner and Unilever exec Leena Nair as global CEO December 14, 2021 One of the most recognised luxury fashion brands has announced British former consumer goods specialist Leena Nair as its new global CEO. Born in India, a British national and a fashion industry outsider, Nair’s appointment as the boss of the French luxury giant is an unexpected move by the fashion house, known to be a [...]