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...It took just 98 minutes for a dozen ordinary Americans in an Illinois court to unanimously land a $60mn blow against a consumer goods giant based thousands of miles away in the UK....
...Bupa is facing a mass rebellion by anaesthetists demanding higher fees for private work, as the UK’s largest medical insurer competes for doctors to treat a surge in patients turning to private healthcare...
...When Goudet took over as chief executive in 2012, JAB Consumer Partners did not exist and the family’s money was principally held in stakes in consumer group Reckitt Benckiser, fragrances business Coty and...
...“While we still have no idea on the outcome of the ongoing lawsuits or appeals, we are reassured by management’s confidence, as well as the fact that healthcare experts continue to use the product,” he said...
...Reckitt’s $17bn acquisition of Mead Johnson in 2017 has been rocky....
...Reckitt’s shares tumbled after the maker of Nurofen and Durex condoms announced a drop in its nutrition sales and a revenue hit related to an investigation into its Middle East business....
...Reckitt Benckiser’s new chief executive Kris Licht said there was “room to sharpen and improve” in a strategic update on Wednesday, as the company reported lower than expected third-quarter sales volumes.The...
...HOLD: Reckitt Benckiser (RKT) The new chief executive has set out an updated strategy as volumes continue to stutter, writes Christopher Akers....
...Reckitt Benckiser: The UK-based consumer group’s revenues came in below expectations thanks to falling sales of cold and flu medication, pushing the shares down by a tenth....
...London’s FTSE 100 fell 0.8 per cent following dismal reports from UK-listed consumer goods firm Reckitt Benckiser and wealth manager St James’s Place....
...Reckitt Benckiser’s chief financial officer Jeff Carr will step down early next year and will be succeeded at the consumer goods company by Shannon Eisenhardt....
...Reckitt Benckiser has also done some shuffling of its executive team. Hopefully, it will have the same galvanising effect....
...Shares in the company, which was spun out of the consumer goods group Reckitt Benckiser in 2014, jumped almost 20 per cent in early trading, before settling up more than 16 per cent by 1pm in London....
...Responding to Donald Trump’s suggestion in April 2020 that injecting disinfectant might rid the lungs of coronavirus, Dettol manufacturer Reckitt, formerly Reckitt-Benckiser, immediately issued a statement...
...The Abbott closure helped boost profits at Reckitt, which is now the biggest provider in the US. Reckitt bought Mead Johnson in 2017 for $18bn, its largest ever acquisition....
...Reckitt Benckiser: Shares in the UK-based consumer goods company slipped 2 per cent after the Durex and Dettol maker missed third-quarter sales expectations....
...Reckitt Benckiser has named the head of its health division as the next chief executive of the UK household products group.Kris Licht is to succeed Nicandro Durante, who has run the company on an interim...
...Reckitt Benckiser has picked an insider who is responsible for some of its biggest brands as its next chief executive, signalling the board of the UK household products group is seeking stability following...
...When Laxman Narasimhan gave up his $7.5mn role as head of UK-listed household products group Reckitt Benckiser, he went on to run US coffee chain Starbucks for up to $28mn a year....
...Sales volumes for Reckitt Benckiser’s products sank 5.8 per cent in the final quarter as demand for Lysol disinfectant fell and tough price negotiations with retailers removed some products temporarily from...
...Reckitt Benckiser’s volumes felt the pain from lower post-pandemic disinfectant demand and the impact of Chinese lockdowns in 2022....
...Last year Haleon, which manufactures consumer health goods including Sensodyne toothpaste and Panadol painkillers, sold athlete’s foot cream brand Lamisil to Sweden’s Karo Healthcare for £235mn....
...Benckiser FY, Salesforce Q4, St James’s Place FY, Taylor Wimpey FY, TJX Q4, Universal Health Services Q4, Universal Music Group Q4 Thursday China: NBS manufacturing and non-manufacturing purchasing managers...
...The UK landscape is littered with similar hybrid bodies which are fundamentally unaccountable. Universities that pay top management like businesses, but don’t run like businesses....
...There are more: healthcare.gov in Washington; the first version of the UK’s universal credit system. And these failures run deeper than pounds and pence. Lives are ruined....
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