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The Latest Breaking News from Kris Licht

The surprising costs of the Iran war: More expensive Lysol wipes and Durex condoms

Reckitt reported its second-quarter results Wednesday, with emerging market like-for-like sales jumping 9.4 percent

The Independent UK

Reckitt raising prices to offset cost pressures amid Iran war

The group said it was pushing through ‘moderate’ price increases in most of its markets, including the UK.

Evening Standard

FTSE 100 struggles as Brent oil tops 100 dollars once more

The FTSE 100 closed down 21.63 points at 10,476.46.

Evening Standard

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Reckitt ‘focusing on staff safety’ amid Iran war as prices impact unclear

Boss Kris Licht said the firm’s immediate priority was to look after staff across its operations in the region.

Evening Standard

Reckitt strikes deal worth up to £3.6bn to sell Cillit Bang business

Advent International will buy a 70% stake in Reckitt’s essential home business, which also includes brands such as Air Wick.

The Independent UK

Reckitt sees sales slide after £100m tornado hit to baby formula

The Nurofen-to-Dettol maker saw revenues dragged lower by a 17.4% tumble in sales at its nutrition division caused by tornado damage to a warehouse.

Evening Standard

The CEO of consumer giant Reckitt is on a mission to slim down to just ‘power brands’ as the whole industry gets leaner

"What is a power brand? It's when you have a very large brand that enjoys very high levels of trust."

Fortune

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Reckitt Benckiser appoints company insider Kris Licht as new CEO

The US-based executive will move to the UK and take up the £1.1 million top job at the end of the year

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