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...Unilever, Morgan Stanley, JPMorgan and CVC declined to comment....
...To prevent the move, Unilever sold the Israeli arm of the brand to a local licensee....
...The KKR-owned Upfield food business, bought from Unilever for €6.8bn in 2018, has developed the tubs made from paper fibre to hold butter alternatives and other spreads without a plastic coating or plastic...
...Bernstein analyst Bruno Monteyne said that in the short term “these changes by Unilever are about saving costs”....
...That isn’t the case with Unilever’s proposed demerger of its ice-cream business....
...The Magnum ad is also ironic because not even Unilever is obeying the “stick to the original” tagline....
...“Did the previous disposals make any difference to Unilever? The answer is no.”...
...Unilever’s chief executive said he was disappointed by the company’s performance after the consumer goods group reported a further erosion of its market share even as it hailed a return to positive sales...
...Some, such as Unilever, have set their own — 2039 — net zero target, although it is not SBTi validated. Others, such as Diageo, are working on it....
...Unilever’s new chief executive Hein Schumacher is open about the problems facing the consumer staples giant....
...Unilever stopped producing homecare and skin-cleansing products, a key plank of its Nigeria sales, a year ago....
...Unilever emphatically rejects the criticisms. It says its claims are responsible, transparent and clear. Unilever is not alone in attracting scrutiny....
...Unilever reportedly tried to sell Elida when the brands were isolated from the rest of the portfolio in 2021, but the deal fell through....
...Unilever added it would continue to co-operate with the CMA....
...Unilever is among the companies that have not submitted their target to reach net zero emissions for verification by SBTi....
...Big consumer companies such as the US’s Procter & Gamble and Europe’s Unilever also bring to bear excellent distribution networks along with substantial procurement and marketing clout....
...Unilever said at the time it was “surprised and disappointed” with the probe and denied that its claims were misleading....
...On Thursday, Unilever also announced the appointment of a new chief financial officer, Fernando Fernandez, who is currently president of Unilever’s beauty and wellbeing group....
...Peltz wants Unilever to boost its sales, margins and share price, according to a person familiar with his thinking....
...He will outline his plans for Unilever when the group reports third-quarter results in October....
...According to Unilever’s corporate governance code, a non-executive director will rarely be re-elected to the board after serving more than nine years. Unilever and Spencer Stuart declined to comment....
...He added that the company was expecting inflationary pressures to be most acute in ice-cream and in Unilever’s nutrition products, which include Hellmann’s mayonnaise....
...Exhibit one: something is in the air when a fashion-forward company such as Unilever creates a management post dedicated to serving its over-50s....
...Unilever had “not provided compelling justification”, ISS added....
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