The Latest Breaking News from Hein Schumacher

Unilever boss Hein Schumacher gets tough – except in Russia

New-broom CEO has mandate to make big changes. He should revisit unfathomable decision to keep operating in country

The Guardian - UK · Feb 8, 2024

Unilever Profit Drops As Sales Flatten After Price Hikes

British consumer goods giant Unilever on Thursday said its net profit dropped 15 percent last year to 6.5 billion euros ($7 billion) as sales flattened as the group hiked prices.

International Business Times · Feb 8, 2024

Unilever hits out at its own results for 2023 branding them 'disappointing'

CEO of consumer goods multinational promises ‘speed and urgency’ in turnaround plan

Evening Standard · Feb 8, 2024

ECB warns eurozone economy ‘remains weak’ after leaving interest rates on hold; US growth accelerates to 4.9% – as it happened

Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens

The Guardian - UK · Oct 26, 2023

Marmite and Dove maker’s profits soar on back of price rises

Consumers buy fewer products in cost of living crisis but Unilever’s revenues increase

The Guardian - UK · Jul 25, 2023

Unilever warns on inflation -- it is not over yet

The cost of basic foodstuffs and other kitchen staples will keep rising for at least another six months, consumer goods giant Unilever warned today.

Evening Standard · Feb 9, 2023

Maker of Marmite and Ben & Jerry's says food prices will rise further

It said prices might not peak until halfway through this year

Wales Online · Feb 9, 2023