Unilever acquires Horlicks brand in India in £397m deal April 1, 2020 Consumer goods giant Unilever has today completed the acquisition of Horlicks and other Glaxosmithkline brands in a £397m deal. The deal will allow Unilever to use the Horlicks brand rights and other GSK Consumer Healthcare nutrition brands in predominantly Asian markets. The company’s listed subsidiary in India, Hindustan Unilever Limited (Hul) also announced today that [...]
DEBATE: Has the classic British cup of tea fallen out of fashion? February 3, 2020 Unilever could be selling its PG Tips and Lipton tea brands. Has the classic British cuppa fallen out of fashion? YES, says Jeff Young, founder of the London Coffee Festival, which celebrates its tenth anniversary on 2–5 April 2020. Britain is becoming a nation of coffee drinkers. This journey started 20 years ago with the [...]
The sweetest thing: Ben & Jerry’s CEO on why businesses need a higher purpose January 13, 2020 What is the purpose of business? Should companies focus purely on selling their products and making money for their shareholders, or do they have a responsibility to give something back to the planet and try to do good? It’s a pertinent question, and one that has become increasingly relevant over the last decade. Nor is [...]
Unilever chairman to step down with immediate effect November 13, 2019 Unilever’s chairman has stepped down from the role with immediate effect in a surprise departure from the dual-listed Dutch consumer goods giant. Non-executive director Nils Andersen will replace Marijn Dekkers, who has served in the role at the Marmite and Dove soap maker since April 2016. Read more: Heinz and Unilever adverts found on Pornhub [...]
Heinz and Unilever advertise on Pornhub, UK’s most popular adult website November 3, 2019 Unilever and Kraft Heinz, two of the world’s largest consumer goods retailers, have run advertisements on Pornhub, the world’s biggest porn website. A Sunday Times investigation revealed that earlier this year Unilever, which is behind brands such as Dove, Marmite and Hellman’s mayonnaise, ran a campaign on the site for male grooming company Dollar Shave [...]
Unilever pledges to cut plastic use in half October 7, 2019 Unilever has pledged to halve the amount of new plastic it uses over the next five years by increasing its efforts in producing reusable and recyclable packaging. The consumer goods giant, which owns brands such as Dove and Ben & Jerry’s, said it will reduce its use of plastic packaging by more than 100,000 tonnes [...]
Unilever turnover slumps in cooler weather July 25, 2019 Unilever reported a slump in turnover in the first half of 2019 as cooler weather impacted ice cream sales in Europe and the US. The figures Turnover fell 0.9 per cent to €26.1bn in the first half, the company said as it reported its half year and second quarter results this morning. Second quarter underlying [...]
Turnaround time for struggling food giant July 12, 2019 | City Talk By Rodney Hobson from interactive investor. The proof of the pudding lies with a new chief who looks set to sell off poor performers to boost spending on premium lines. A heavy burden lies on the shoulders of Miguel Patricio, who took over as chief executive officer of food and beverage giant Kraft Heinz (NASDAQ:KHC)last month. The reputation of [...]
Unilever invests in influencer marketing platform Creator IQ June 12, 2019 Unilever Ventures has partnered with TVC Capital to invest $12m (£9.4m) in influencer marketing platform Creator IQ as it looks to crack down on fraud in the industry. The investment comes a year after Unilever warned that fraud was undermining influencer marketing and vowed to improve integrity, transparency and measurement in the sector. Read more: [...]
Hiring disabled people is a trillion-dollar business opportunity May 29, 2019 Government figures show that over the past five years, some 930,000 disabled people have found employment – an increase of 7.4 per cent, compared with 3.8 per cent for non-disabled people. That serves a heady shot of optimism for people like me who live and work with a disability, especially when you consider that globally, disabled [...]