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Unilever PLC
Unilever approaches private equity for its ice cream business
...Unilever is working with advisers to drum up interest from private equity groups for its ice cream division after the consumer goods group announced plans to hive off the business....
March 21, 2024
Israel-Hamas war
Ben & Jerry’s calls for permanent ceasefire in Gaza
...Unilever, which also owns brands from Dove soap and Cif cleaning products to Magnum ice creams and Marmite, said in December 2022 that the lawsuit had been resolved....
January 16, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
John Gapper
Fake Magnum ice cream is too upsetting for Unilever
...Froneri is now the world’s second-largest ice cream maker after Unilever; it started with R&R Ice Cream, a North Yorkshire company that originally made ice cream for Morrisons....
March 22, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Unilever works with bankers to drum up private equity interest in ice cream unit
...Unilever is working with advisers to drum up interest from private equity groups for its ice cream division after the consumer goods group announced plans to separate out the business....
March 21, 2024
Due Diligence
How buying Teslas hurt Hertz Premium content
...Unilever cools on ice cream I scream, you scream, we all scream for ice cream. Except, apparently, at the European consumer giant Unilever....
March 20, 2024
Unilever PLC
Unilever to split off ice cream business and cut 7,500 jobs
...Schumacher, who since taking the top job last July has been under intense pressure to shake up Unilever after several years of lacklustre growth, said that the ice cream business would probably be listed...
March 19, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Risers and fallers in Europe
...Unilever: Shares in the British consumer goods multinational were up 4 per cent after the company said it would cut 7,500 jobs and split off its ice cream business in a bid to improve its performance....
March 19, 2024
Lex PopuliMarks & Spencer Group PLC
M&S ‘superapp’ will need a long shelf life
...That isn’t the case with Unilever’s proposed demerger of its ice-cream business....
March 21, 2024
News updates from March 20: Fed signals 75 bps of 2024 cuts; Reddit prices shares at top end of IPO range
What to watch in North America
...General Mills: The company behind Cheerios cereal and Häagen-Dazs ice cream is expected to report falling quarterly revenues as consumers pull back on spending because of higher prices....
March 20, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
Biden says he is hopeful an Israel-Hamas ceasefire could start next week
...“My national security adviser tells me that we’re close,” Biden said, responding to a shouted question from reporters as he visited an ice cream shop in New York with television talk-show host Seth Meyers...
February 27, 2024
Unilever PLC
Unilever warns group ‘needs to improve’ as it seeks to rebuild market share
...The maker of Magnum ice cream and Dove soap said underlying sales rose 7 per cent in the 12 months to December, in line with analysts’ expectations, while revenue fell 0.8 per cent to €59.6bn....
February 8, 2024
FirstFT
FirstFT: Japan exits era of negative interest rates
...Unilever is to split off its ice cream business and cut 7,500 jobs as the consumer goods group steps up efforts to improve its performance....
March 19, 2024
News in-depthEmployment
Warehouse operators turn to entertainment and food facilities to attract workers
...In Slovakia and the Czech Republic, ice cream vans also brought cold treats to labourers this summer, it added....
January 3, 2024
News in-depthChinese business & finance
China’s bubble tea brands look to create a stir overseas
...But he added that products such as ice cream and bubble tea were “inexpensive indulgences for consumers” and that such businesses “should do fine in a slowdown”....
April 16, 2024
HTSIBig spring energy – an HTSI style special
12 spring beauty updates to try today
...Streamline your brows After seasons of thick, laminated brows, things have started to look decidedly slimmer and more arch....
February 6, 2024
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
John Gapper
Convenience stores should make more of themselves
...There is definitely a demand for convenience: even in the densely packed Japanese market, konbini revenues rose by 4 per cent last year, with a hot summer increasing drink and ice-cream sales....
February 16, 2024
How To Spend It In...
Plum Sykes’s guide to The Cotswolds
...Jolly Nice Farmshop is a good lunch spot that has delicious ice-cream flavours such as gooseberry and wild elderflower and fresh mint stracciatella....
April 18, 2024
Ask Adeela
How to make your eyes look brighter
...Sensai decided to blend it into its formulations after discovering the youthful hands of the silk weavers. Apply daily, using the eye massager tool....
January 3, 2024
Puma
Puma to end sponsorship of Israel’s national football team
...Its owner Unilever eventually sold the local branding rights to a licensee, which continues to sell the ice cream in the region....
December 12, 2023
HTSI
Four fabulous new hotel bars to toast the new year in
...Even the bar snacks are indulgent, skewing to decadent – crevette croquettes, moules-frites ravioli, mini Dame-Blanche waffles (served with ice cream, whipped cream and melting chocolate....
December 17, 2023
How To Host It
How to host an Easter banquet
...I will usually serve it with either a dollop of ice cream on the side, or something like a warm vanilla custard, a zabaione cream or hot white chocolate and saffron sauce....
March 29, 2024
LexHelen Thomas
The Lex Newsletter: Doing the splits Premium content
...Unilever’s new boss Hein Schumacher is swearing off the sweet treats, pledging to demerge its ice cream business as part of slimming down its bloated corporate footprint....
March 20, 2024
Live news updates from April 20: SpaceX rocket explodes, Nato chief makes first wartime Ukraine visit
BMW apologises over free ice creams at Shanghai auto show
...German carmaker BMW issued an apology for “sloppy internal management” after being accused of discrimination at the Shanghai auto show over giving out free ice creams....
April 20, 2023
FT Asset Management
Asset Management: Berkshire’s days of ‘eye-popping’ gains are over
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
February 26, 2024
InterviewLunch with the FT
Investor Nelson Peltz: ‘I’m not trying to fire Bob Iger, I want to help him’
...He has been at loggerheads with Unilever’s ice-cream brand Ben & Jerry’s over its stance on Israeli politics....
March 22, 2024

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