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...Henkel increased prices 12 per cent on average in the first quarter of 2023, hurting sales volumes, which declined 5.4 per cent....
...Henkel trails the pack on 16.5 times forward earnings, around half the valuation of brand powerhouse L’Oréal. That looks justified. After all, quality never does go out of style....
...As for the future, one of the two sons she has with her husband Christoph Henkel has started a contemporary art gallery in New York, called Palo. The other also takes a keen interest in the collection....
...Adidas has not yet named a successor for Rørsted, who joined the group in 2016 from Persil and Loctite maker Henkel....
...The Dane, a former Henkel executive, would stay on to “ensure a smooth transition at the helm of the company”, Adidas said, but did not elaborate on the cause of his premature departure....
...There were high hopes when Danish-born Rørsted, who had previously boosted returns at Germany’s Henkel, took over....
...Rørsted, a former executive of cleaning products manufacturer Henkel, will stay on to “ensure a smooth transition at the helm of the company”, Adidas said in a statement that did not elaborate on why he...
...He said Henkel would raise its prices and try to cut costs as countermeasures....
...Reserve chair Jay Powell gives twice yearly monetary policy testimony to the Senate Banking Committee Results: Ashtead Q3, Bank of Ireland FY, Dole Q4, Foxtons FY, Fresnillo FY, Greggs FY, HelloFresh FY, Henkel...
...Results: Adecco, Air France-KLM, AB InBev, ArcelorMittal, Axa, BMW, Henkel, Lufthansa, Next, Société Générale, Telecom Italia and Virgin Money will also publish updates....
...Their predictions include falls of more than 3 per cent for Unilever, which makes Magnum ice creams and Dove soap; French dairy group Danone; coffee group JDE Peet’s; German group Henkel and US snacks maker...
...September trade balance data UK, British Retail Consortium sales figures Results: Associated British Foods FY, Bayer Q3, CNH Industrial Q3, Deutsche Post DHL Q3, Direct Line Q3 trading update, DuPont Q3, Henkel...
...Rørsted’s reset When Rørsted joined in 2016 from German consumer goods and chemicals conglomerate Henkel, hopes were high....
...Rørsted, who worked at Henkel, Hewlett-Packard, and Oracle before joining Adidas, follows former Aldo and North Face executive Patrik Frisk who left his post as chief executive of Under Armour in June....
...Chemical and pharmaceutical group Bayer, Persil manufacturer Henkel and cash-and-carry company Metro all said they would remain in Russia. Additional reporting by Olaf Storbeck in Frankfurt...
...index US, Federal Reserve board of governors member Christopher Waller gives opening remarks to the 2022 Summer Workshop on Money, Banking, Payments, and Finance hosted by the Fed Results: HelloFresh H1, Henkel...
...Beccari’s time in the consumer goods sector grounded him in mass-market sales techniques honed at dairy group Parmalat in the US and at Henkel in Germany....
...Similar pledges on investment have been announced by fellow European consumer groups Carlsberg and Henkel, and none have pulled out of Russia to date....
...Earnings: Henkel, the maker of Persil washing liquid and Loctite glue, releases third-quarter results on Monday....
...Unilever, Beiersdorf (Nivea) and Henkel (German soap and glue) have had a tough time recently....
...Mindaugas Morkunas, a former Ikea employee and head of sales in eastern Europe and the Commonwealth of Independent States at Henkel, the German chemicals group that supplies adhesive to furniture makers,...
...“I am glad that the voters strengthened the political centre and weakened the parties on each end of the political spectrum,” said Carsten Knobel, chief executive of Henkel, the maker of Persil washing liquid...
...statement UK, Bank of England’s monetary policy committee meeting on the Bank Rate Results: Adecco Q1, Air France-KLM Q1, Anheuser-Busch InBev Q1, ArcelorMittal Q1, Axa Q1, BMW Q1, ConocoPhillips Q1, Henkel...
...Among the more exposed are Danone, Henkel and Carlsberg, which earned about 10 per cent of revenues in Russia and suspended its annual financial guidance because of the fallout....
...Henkel’s continuing restructuring....
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