Unilever

Unilever & L'Oréal report strong growth from India's quick commerce, traditional online channels

Unilever and L'Oréal, in their earnings calls for the September quarter, reported a doubling of their sales, helped by hyper-local delivery platforms that are growing rapidly in the country

Unilever delays ice cream demerger on US federal shutdown

The demerger was previously on track for mid-November, with a primary listing in the Netherlands

Ben & Jerry’s founder Jerry Greenfield quits, says Unilever ‘silenced’ activism

The move comes at an awkward time for Unilever, the consumer-goods giant, which has been courting investors as it prepares to list its ice cream unit as a standalone firm in mid-November

Unilever appoints acting CFO Srinivas Phatak in role permanently

Srinivas Phatak had been serving as acting CFO at the Anglo-Dutch consumer goods company since March

Unilever ousts chief Hein Schumacher, elevates CFO in push for faster growth

The Anglo-Dutch consumer goods company said Chief Financial Officer Fernando Fernandez will take over as CEO on March 1 and hailed his ability to "drive change at speed".

Unilever CEO Hein Schumacher to step down

Schumacher to step down on March 1, leave in May; company says no change to 2025 and medium-term forecast; Srinivas Phatak to become acting CFO

Unilever to bet big on India despite slowing demand: Report

Despite rising inflation and muted wage growth, Unilever remains optimistic about a recovery in demand following fiscal and monetary stimulus measures

Unilever reduces planned job cuts in Europe, shifts some employees to ice cream unit

Unilever also informed that along with shifting jobs the the ice cream unit, the company plans a freeze on hiring, and will allow natural attrition to reduce the number of employees who were impacted by the decision to reduce headcount.

Elon Musk's X drops Unilever from advertiser boycott lawsuit

In a filing in federal court in Wichita Falls, Texas, X said it was dismissing its claims against Unilever in the August antitrust lawsuit.

Unilever shares rise on volume growth, higher profitability

The Anglo-Dutch consumer group’s underlying operating margin was almost 20% in the first half, compared with around 18% expected by analysts. Volume growth also ramped up as some shoppers started buying more branded goods again as inflationary pressures eased.

Unilever to cut a third of office jobs in Europe

"We are now, over the next few weeks, starting the consultation process with employees who may be impacted by the proposed changes," a spokesperson for Unilever said in an email.

Corporate veteran Nitin Paranjpe of Unilever to retire in May

Paranjpe joined Hindustan Unilever (HUL), then called Hindustan Lever, in 1987 on a management training scheme and was associated with the company for 37 years.

ESG poster child Unilever waters down green pledges

US investors, which represent almost half of Unilever’s ownership, have cooled on ESG

Hindustan Unilever weighs sale of Pureit water purifier business

The talks for the sale of the India Pureit business come amid parent Unilever Plc initiating the sale of its majority stake in Qinyuan Group Co., a Chinese maker of water purification equipment that it acquired in 2014.

As Unilever scoops out ice creams from its core portfolio, HUL faces a dilemma

Unilever’s decision to demerge the ice cream business has been taken in view of its slow growth and potential. But in contrast, for HUL in India, ice cream is a rapidly growing segment helped by long summers

HUL evaluating options for ice cream business following Unilever's global separation plan

The ice cream business has a different business model which includes - a cold-chain go-to-market operating model, seasonality, and a different innovation rhythm compared to the rest of Unilever's business, the spokesperson added.

Unilever’s ice cream scoop-out may increase appetite for another split

Investor appetite might be whetted for bolder action on the group’s bloated portfolio

Unilever to spin off ice cream unit that manufactures Magnum, cut 7,500 jobs

The spin off will begin immediately and is expected to complete by the end of 2025, the London-listed company said.

HUL: After splitting beauty and personal care, what’s next?

HUL’s decision to split its beauty and personal care division mirrors a similar move by Unilever. Will it follow suit on its parent’s latest big initiative is a question investors should be asking

Unilever shares gain as cooldown in inflation buoys sales

The British company reported a 7.9% rise in underlying second-quarter sales, beating analysts' average forecast of 6.4%, a company-provided consensus showed.

HUL New CEO: Rohit Jawa Takes Over As MD & CEO of Hindustan Unilever; His To-Do List Is A Long One

On June 26, Hindustan Unilever's Sanjiv Mehta retired and passed on the baton to Rohit Jawa. Now, at the helm of a behemoth, expectations run high and margin of error is little. Jawa has big shoes to fill and a long to do list ahead of him. So what are the tall tasks that stand ahead of him? Watch this video to find out!