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The Latest Breaking News from Unilever

Unilever To Spin Off Ben & Jerry's, Cut 7,500 Jobs

Unilever to spin off ice cream brands like Ben & Jerry's to focus on growth in other categories, streamlining operations by cutting jobs.

Top News

Schumacher’s plan to offload Unilever’s ice-creams has a very familiar flavour

Shareholders may welcome the change in direction, but the chief executive’s predecessors used similar tactics

The Guardian - UK

Ben & Jerry's Owner Unilever To Spin Off Ice Cream Arm

British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone business.

International Business Times

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Unilever to cut 7,500 jobs globally and split off ice-cream division

Magnum to Marmite consumer goods group plans productivity programme to save €800m

The Guardian - UK

FTSE 100 Live: UK inflation in focus after index closes up 0.2%, Unilever leads risers after shake-up

Inflation’s retreat to its lowest level in two years today fuelled hopes of a first cut in interest rates by the summer.

Evening Standard

Marmite-to-Dove maker Unilever to cut 7500 jobs under £14m CEO's shake-up

With the cuts being ‘predominantly office based’, its London HQ in Victoria could take a big hit

Evening Standard

Unilever boss could be paid up to €17.4m if he hits maximum targets

Group could face another revolt by shareholders after 60% voted against remuneration report last year

The Guardian - UK

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Arm overtakes HSBC, Unilever to become Britain's 4th most valuable company after shares rocket

The Nasdaq-listed stock has more than doubled in value since the start of the year

Evening Standard

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

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

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

FTSE 100 Live 8 February: Index closes down 0.4%, S&P still near 5000 with $44bn added to Arm value

London’s long-awaited run of dealmaking action continued today when Tesco unveiled the sale of its banking operations to Barclays.

Evening Standard

Is ESG Already Over?

CEOs are beginning to wonder what to do when environmental, social, and governance factors are at odds with performance.

Reason

Mayo on a mission: Sir Kensington's aims to bring taste to space with its condiments

Astronauts aboard the International Space Station could soon add new taste to their food if a 'certain space agency' accepts the proposal of a condiments company.

Space

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Fortune

France's biggest supermarket won't follow rival by banning Pepsi

E.Leclerc's chairman said he wouldn't follow Carrefour's "show of strength" by banning Cheetos and Doritos from his stores.

TechRadar

10 CRM studies you need to read before you select your next CRM

Finding the best CRM software isn't easy. Fortunately, these case studies highlight the benefits of some of the market leaders.

Evening Standard

Unilever sells its £700 million a year Elida Beauty division to US private equity buyer

Deal is expected to complete by the middle of next year

Top News

Unilever Peddles Elida Beauty, Q-Tips Maker, to Yellow Wood

Unleashing a fresh chapter in cosmetic industry's tale, Unilever flips the page, transferring Q-Tips creator, Elida Beauty, into Yellow Wood’s hands!

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International Business Times UK

Unilever Faces Scrutiny Over Environmental Claims

The CMA has expressed concerns that consumers may be misled by Unilever's claims, prompting a closer examination of the company's marketing practices.

The Guardian - UK

Dove and Marmite maker Unilever to be investigated in UK over ‘greenwashing’

Consumers may be misled by ‘green’ claims on some essential household products, says watchdog

Evening Standard

Competition watchdog launches 'greenwashing' probe into Marmite and Lynx maker Unilever

The consumer goods giant came under fire last year for its focus on the 'purpose' of brands like Hellman's mayonnaise

The Conversation

Sustainability schemes deployed by business most often ineffective, research reveals

If you ever wondered what the weather might look like should global average temperatures rise 2C degrees above pre-industrial levels – the critical warming threshold the Paris Agreement seeks to prevent us from reaching – take your mind’s eye back to Friday 17 November. That day, for the first time…

The Guardian - UK

Unilever accused of breaking plastics pledge as sachet sales approach 53bn

Greenpeace says consumer goods group is badly off track to meet target of halving virgin plastic use by 2025

The Conversation

Gaza: should global brands join the protests?

US doughnut chain Krispy Kreme has been involved in a humanitarian fundraiser for Palestinians in Gaza, putting itself on the same side as millions of protesters around the world. This might sound unsurprising in an era when global brands regularly align with popular causes, but virtually none has wanted to…

Wallpaper

Lever House in New York gets a 21st-century makeover

Some 70 years after its completion, SOM returns to Lever House in New York, bringing the high-rise landmark to the 21st century

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