Unilever considers sale of Kate Somerville’s skincare line Retail Kate Somerville’s premium skincare brand has become the latest Unilever brand to go up for sale as the group continues its restructuring plan announced earlier in the year. As well as Somerville’s eponymous facialist line, which the FTSE-100 giant has owned since 2015, it is also looking to offload sensitive-skincare specialist REN Skincare, according to [...]
UK at risk of losing out on Unilever ice-cream float Business The UK is at risk of losing out on a key deal for London because it hasn’t appointed an investment minister, according to a former Barclays chairman. Gerry Grimstone, who also worked as investment minister at the Treasury from 2020-2022, said that Labour’s lack of focus on boosting the UK’s stock market may see Unilever’s [...]
Unilever triples spend on video game ads to target younger audience Business Consumer goods giant Unilever is betting big on gaming to help it advertise to elusive younger audiences. The company, which owns a host of household name brands including Lynx and Dove, has poured money into its in-game advertising department over the past three years, tripling its spend since 2021. It now has a team of [...]
Unilever shares surge to the top of the FTSE 100 despite sales miss July 25, 2024 Dove and Marmite-maker Unilever missed its sales targets in the second quarter of the year as a turnaround plan from chief Hein Schumacher failed to convince customers.
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'
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.
Unilever: Magnum and Dove maker ‘to cut over 3,000 European jobs’ July 12, 2024 Unilever is planning to cut more than 3,000 jobs based at its offices across Europe by the end of 2025, according to reports.
Unilever struggles to find buyer big enough for its ice cream empire April 21, 2024 Consumer goods giant Unilever may be forced to hold on to part of its multibillion-pound ice cream operations as the business' massive size makes it difficult to offload.
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 freezes fixed pay for top boss after shareholder revolt October 30, 2023 Unilever has said it is freezing its chief executive’s salary for the next two years after shareholders revolted over pay packages given to top bosses.