Unilever and ad:tech open $50,000 search for startup innovations with Next Big Thing competition August 18, 2015 Unilever is on the hunt for fresh innovations, as the company is hoping to find new startups to team up with through the “Next Big Thing” competition, organised by ad:tech London. 15 startups will be shortlisted for the award, and at the final in October, they’ll get the change to pitch to brands and agencies. [...]
Utopian Unilever is making waves: Boss Paul Polman is pushing an ethical agenda, but is it working? July 23, 2015 The website still exists but looks dated. SaveBenandJerrys.com, a grassroots campaign website with comic sans font, tried to stop ethical ice cream brand Ben and Jerry’s being scooped up by corporate giant Unilever in 2000. Yet 15 years after the consumer giant’s $326m takeover, the howls of protest appear a strange anachronism after moves [...]
Unilever share price jumps after sales beat expectations again July 23, 2015 Unilever's share price jumped this morning after proving its critics wrong as sales beat analyst expectations. The figures Consumer goods giant Unilever once again beat revenue forecasts in the second quarter, with total turnover rising by 2.9 per cent to €14.2bn (£9.93bn). The better than expected results triggered a 2.8 per cent share price rise [...]
Weak euro helps Unilever deliver better-than-expected sales growth April 16, 2015 The figures The slowdown in emerging markets hasn't stopped Unilever from recording a 12.3 per cent increase in turnover to €12.8bn (£9.22bn) in the first quarter of 2015. Even when your economy isn't growing as rapidly as it once did – looking good still remains a priority. Shares rose by over three per cent in [...]
Unilever sales disappoint after China slowdown January 20, 2015 CONSUMER goods giant Unilever reported lower-than-expected fourth quarter sales yesterday as it continued to grapple with a slowdown in demand for its products in emerging markets, particularly in China. The owner of Lipton tea and Dove soap said like-for-like sales rose by 2.1 per cent in the fourth quarter, in line with the third quarter, [...]
Unilever sales miss expectations – and there’s more of the same in 2015 January 20, 2015 Times remain tough at consumer goods giant Unilever as sales growth remained at its slowest in five years. Underlying sales at the owner of Ben & Jerry’s and Hellmann’s mayonnaise remained unchanged from their third quarter, growing 2.1 per cent in the fourth quarter, below analyst expectations. Overall, sales grew 2.9 per cent in 2014, [...]
Unilever spins off Flora and Bertolli spreads into a separate business December 4, 2014 Unilever is spinning off its butter division into a separate standalone business as it dragged on the consumer giant’s growth. Its spread brands, including Flora and Bertolli, will form a new division by the middle of 2015 run by a separate management team following a separate strategy, Unilever’s head of finance Jean-Marc Huet told investors [...]
Just one small Cornetto! Unilever’s cheap goods for the cash-strapped October 23, 2014 Unilever yesterday promised investors that new, cheaper products would help it grow profits, even as reticent consumers dragged its sales growth in the third quarter to its weakest in nearly five years. Sales volume rose only 0.3 per cent, well below analysts’ estimate of 1.8 per cent and growth of 1.9 per cent in the [...]
Unilever share price falls as it records lowest growth in five years October 23, 2014 While Dave Lewis is putting out one fire at his new employer Tesco, things back at Unilever are also looking less than rosy. The consumer goods business, where Lewis had worked for 28 years before becoming Tesco chief executive, this morning reported its weakest rate of quarterly sales growth in five years. Underlying [...]
Unilever share price drops on weak emerging markets and food sales growth July 24, 2014 Challenging markets in the first half of the year have seen Unilever sales growth come in soft, despite launching a number of recent product launches. The addition of the Ben & Jerry's Core ice cream range, and innovations in compressed deoderants and oral hygiene ranges haven't been enough to generate the sales growth analysts were [...]