Hints and tips:
...Top Unilever shareholder Terry Smith has called the company’s rejected bids for GSK’s consumer health division a “near-death experience” and urged management to focus on improving the existing business rather...
...In a scathing “post mortem” on Unilever’s failed bid for GSK’s consumer health business, top-15 investor Terry Smith last week attacked the company’s long-term performance and added: “Unilever management...
...Wilton and Evans are superb....
...Daily transfers of migrants from Border Patrol to local officials have been as high as 1,800, says Mark Evans, communications director for Pima County. “December has been an exhausting month....
...Terry de Gunzburg, beauty mogul: The more the merrier when surrounded by family and friends… But turning up with an uninvited plus-one is impolite....
...However, the failed GSK bid was followed by criticism from major shareholders, including Terry Smith of Fundsmith, who said Unilever had “lost the plot” with an excessive focus on sustainability over profits...
...In January this year, Terry Smith, whose investment firm Fundsmith is a leading investor, said the group had become “obsessed with publicly displaying sustainability credentials at the expense of focusing...
...Additional reporting by Judith Evans...
...Top-10 shareholder Terry Smith, of Fundsmith, said it had “lost the plot” after seeking to define the purpose of brands such as Hellmann’s mayonnaise....
...It has also faced outspoken criticism from top-15 shareholder Terry Smith of Fundsmith over its emphasis on “purpose-driven” brands....
...Fundsmith founder Terry Smith, a top-15 shareholder at Unilever, urged its management to focus on improving the existing business rather than targeting big acquisitions....
...Some investors, such as top-10 shareholder Terry Smith of Fundsmith, have also criticised the company’s focus on environmental and social goals, while several US state pension funds have divested from Unilever...
...Richard Bernstein, founder of activist fund Crystal Amber, said: “Terry Smith is misdirected in blaming Unilever . . ....
...Top-10 investor Terry Smith last week said Unilever had “lost the plot”, arguing before news of the bid broke that it was “obsessed with publicly displaying sustainability credentials at the expense of focusing...
...The FTSE 100 company has faced rising discontent from investors over its strategy to boost growth, including an attack from top-10 shareholder Terry Smith last week....
...Its share price has languished since chief executive Alan Jope took over in 2019, and top-10 investor Terry Smith this week attacked the company as “labouring under the weight of a management which is obsessed...
...“Unilever surely needs to address the fact that five years later the share price is only at the level of that [Kraft Heinz] bid,” said Terry Smith, a top-15 shareholder, in a letter to investors on Thursday...
...However, Terry set up her website three years ago with the view that consumers need a trusted independent source of advice and resources....
...The FT’s consumer industries correspondent Judith Evans has more. Tell me what you think....
...The group’s share price had shed more than a fifth of its value by February, after hitting a pandemic high of £77.54 last July, with Terry Smith, a well-known UK fund manager and formerly loyal Reckitt investor...
...Additional reporting by Judith Evans in London and Sun Yu in Beijing...
...They make a special insalata mista for Terry: I like it when a restaurant feels like your own private kitchen....
...In the same month, Neil Crawford of Studio E emailed Terry Ashton of Exova observing that “metal cladding always burns and falls off, hence fire stopping is usually just to the back of the cladding line”...
...16,099: Suzanne P Wilson, Windermere; D Barter, Cumbria; Jean-Marc Sellier, California Polymath 1,010: Robert Jelly, Warwickshire Crossword 16,093: V Le Quesne, Salisbury; Sue Topham, Newark; Anthony Evans...
...“The issues facing the UK high street are very well known,” said Terry Duddy, executive chairman of the department store chain....
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