Unilever to update on turnaround under new boss amid mounting trade pressure April 20, 2025 Unilever is expected to outline fresh details of its attempted turnaround this week, after replacing its chief executive in March. The consumer giant, which makes goods from Marmite to Dove soap, reports its first quarter results on the 24th April. Experts said the company could give more insight into its plans under new boss Fernando [...]
Weak dollar restricting market rebound, say Barclays analysts April 16, 2025 A weakened dollar may prohibit the full recovery of global markets, analysts have warned, as investors continue to suffer the fallout from the Trump tariff mayhem. The DXY index, which tracks the dollar’s value against a basket of currencies, sank to its lowest in three years during Monday trading. This came after markets plunged following [...]
Business needs a real voice in the Civil Service, not a mid-rank mandarin April 3, 2025 The civil service needs an actual industry bigwig, not a mid-rank mandarin, if it wants to properly engage with business, writes Matthew Elliott.
Unilever acquires sustainable deodorant Wild April 1, 2025 Unilever has finally confirmed its acquisition of refillable deodorant brand Wild as it looks to build its presence in premium beauty and self care. The terms of the deal were not disclosed, but it is believed to value Wild at £230m. Wild, which was started in 2019 by business partners Charlie Bowes-Lyon and Freddy Ward, [...]
‘Corporate purpose? It went too far’, says man behind Britain’s Davos March 25, 2025 John O’Brien founded Anthropy – an annual gathering of corporate and political luminaries dubbed ‘Britain’s Davos’ – to help the UK ‘build back better’ from the pandemic. On the eve of its third instalment in the Eden Project’s greenery, Ali Lyon asks the ex-army captain, “Has it failed?” It is October 2022, and a group [...]
Unilever accused of ousting Ben and Jerry’s chief over activism March 19, 2025 Ben and Jerry’s has accused parent company Unilever of removing its chief executive David Stever over the firm’s political activism. In a court filing, the ice cream brand alleged that Unilever had violated a merger agreement by trying to silence its “social mission”, advocated by Stever. “Unilever has repeatedly threatened Ben & Jerry’s personnel, including [...]
Unilever rushes to sell underperforming food labels as it focuses on ‘power brands’ March 11, 2025 Unilever will speed up the sale of its underperforming labels and focus on its 30 power brands, according to its chief executive. Fernando Fernandez said the FTSE-100 company would act at a “faster pace” and that the firm has around €1bn (£840m) of brands in its Foods Europe division, which “don’t fit well” with its company’s portfolio. [...]
International Women’s Day: Women Empowering Women to Accelerate Change March 7, 2025 It’s often said that when women support each other, incredible things happen. Nowhere was that more evident than at the 2025 Power of Women event, hosted by Dress for Success Greater London earlier this week. Held at Blue Orchid Hospitality’s The Skyline London, the event marked a decade of empowering women and advancing resilience, leadership, [...]
Will western brands return to pariah state Russia? March 4, 2025 It was the sight that heralded a new geopolitical era. Hundreds of Russian punters standing in a disorderly queue and braving the bitter Moscow air to sample their first bite of the latest big import from America. The iron curtain – having been chipped away slowly for years – had fully fallen just two months [...]
Unilever CEO Hein Schumacher makes surprise resignation February 25, 2025 Unilever chief Hein Schumacher has unexpectedly resigned after less than two years in the role, as the company attempts to push forward with its cost-cutting programme. Schumacher will be succeeded by Unilever’s financial chief Fernando Fernandez from next week and leave the firm at the end of May, the firm said. The news comes amid [...]