Page 6 - Unilever

Covid-19 lockdown: Mondelez, other FMCG giants indicate dent in business

In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the first phase of the lockdown, which began on March 25

Top biz headlines: Stimulus package for industry, IBC breather and more

Here are the top 10 business headlines on Friday morning

Unilever likely put Lipton Tea on the block amid slowdown in demand

Unilever is following a consumer shift to coffee as a primary source of caffeine, with takeaway cafes proliferating from London to Beijing

Unilever cuts sales guidance as growth concerns in India market remain

"In the last month and a half, HUL's stock price has corrected from levels of about Rs 2,179 per share to Rs 1,964 now"

Learning from Nestle, Unilever might be better off out of food business

Unilever must take some of the blame for its own predicament. Its rival Nestle SA has managed steady sales growth, while pulling off some canny acquisitions and disposals

Unilever denies reports that it is looking to sell PG Tips and Lipton

"Contrary to reports, we are not exploring a sale of our tea business," a Unilever spokeswoman told Reuters

Unilever, Henkel and buyout funds eye bids for Coty's $7 bn beauty brands

Colgate-Palmolive Co is also looking to enter the bidding race for Coty's portfolio which focuses on professional hair and nail care products including Wella, Clairol, GHD and OPI

World's biggest companies accept growing inequality as defining challenge

The initiative, sponsored by the Organization for Economic Cooperation and Development, is set to be unveiled by President Emmanuel Macron as he prepares to host the G7 summit this weekend in Biarritz

Unilever's UK investors gear up for tussle over dual headquarters

The maker of products such as Dove soap and Ben & Jerry's ice cream backed down in the face of a rebellion by UK investors in October, but said it was still considering ditching its Anglo-Dutch struct

Unilever CMO Keith Weed to retire from company in May after 35 years

The chief marketing officer has long advocated for better measurement of digital advertising

Replacement of Unilever's CEO not related to shareholder row: Chairman

Unilever said that Polman was retiring and would be succeeded in January by Alan Jope

Unilever names beauty head Alan Jope as CEO, to replace Paul Polman

At the helm of Unilever for 10 years, Polman generated big per cents for shareholders totalling 290 percent over the period

In a haste to go Dutch, Unilever misjudged concerns in Brexit-bound UK

In recent weeks, Unilever had gone to great lengths to aggressively market its vision of how a new single corporate entity headquartered in Netherlands would be good for the company and shareholders

Unilever drops plan to move Dutch headquarter after British investors rebel

Unilever had decided to collapse its Anglo-Dutch structure following a review sparked by last year's failed $143 billion takeover approach by Kraft-Heinz

Top Unilever shareholder may vote against plan to move to the Netherlands

Lindsell Train, which owns a 2.38% stake, did not give a breakdown on how many of its clients were based in Britain

Will warning shots fired by Unilever, P&G break speed of digital growth?

Not really, but it could transform the medium, say experts

Unilever picks Rotterdam HQ over London in blow to UK before Brexit​

Unilever was forced to rethink its structure after it had to fight off one of the biggest takeovers ever proposed in 2017

Combat fake news or we will pull back ads: Unilever warns Youtube, Facebook

CMO Keith Weed says the company will only invest in platforms 'committed to creating a positive impact in society'

Brexit delays Unilever decision on UK or Dutch base

Unilever said in April it would consider doing away with its long-standing policy of maintaining separate corporations based in London and Rotterdam

Unilever sales disappoint as competition bites big brands

Unilever lifted its profitability target in July and there was some concern that lower spending on marketing was having a negative impact on sales