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.
Unilever to spin out ice cream business – including Ben & Jerry’s March 19, 2024 Unilever's ice cream brands, such as Wall's, Magnum, and Ben & Jerry's, are among the top-selling global ice cream brands.
FTSE 100 close: London dragged lower by Astrazeneca, DS Smith soars after takeover rumours February 8, 2024 Shares in Astrazeneca, the biggest company listed in London, dropped 6.3 per cent even after reporting an increase in revenue in 2023.
Unilever: Analysts say ‘elephants don’t gallop’ after disappointing performance February 8, 2024 Consumer giant Unilever has shuffled more than half of its senior team in the last four months
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 probed over ‘greenwashing’ concerns – and use of green leaves December 12, 2023 Unilever are under the microscope over 'greenwashing' accusations - with criticism over their use of 'green leaves'
We’re not performing warns new Unilever CEO as turnaround launched October 26, 2023 Boss Hein Schumacher said the outfit is not “reaching its potential” and productivity and returns have all “under-delivered”.
Unilever: All eyes on Ben & Jerry’s maker’s progress after leadership shakeup October 22, 2023 Investors will turn their focus to Unilever’s third quarter on Tuesday results to see how the ice cream and deodorant maker is faring after a leadership shakeup. New chief executive Hein Schumacher officially took over from his predecessor Alan Jope back in July, telling investors at the time he wanted to see more of its [...]
Unilever will look at Russia business with a ‘fresh pair of eyes’ after criticism August 14, 2023 The new chief of Unilever has vowed to look at the company’s decision to operate in Russia with a “fresh pair of eyes,” after it was criticised for continuing to operate in the country. Hein Schumacher, who took over as head of the Dove soap maker in July, made the claim in a letter to [...]
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 [...]