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Unilever Downbeat On Europe, China Consumer Sentiment, Raises Prices to Counter Costs
Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year sales forecast as it lifted prices to counter soaring costs.
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Grocery Shock For India, Others As Indonesia Bans Cooking Oil Exports
Indonesia's shock move to ban exports of cooking oil will reverberate across the world, threatening to push up costs for the likes of Nestle SA and Unilever Plc and heightening concerns about food inflation.
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Opinion: For India's Kirana Store Owners, A Game-Changer, Finally
The erstwhile Lever Brothers - now Unilever Plc - arrived in India in 1888 with crates of Sunlight soap. There was no smartphone, and no fintech.
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Ben & Jerry's Ice Cream Boycott And Israel's Warning Of "Repercussions"
Israeli Prime Minister Naftali Bennett warned Unilever Plc Chief Executive Officer Alan Jope that Ben & Jerry's plans to halt sales in Jewish West Bank settlements and areas of east Jerusalem will have "serious repercussions, legal and otherwise."
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FMCG Giant Unilever Withdraws 2020 Forecast, To Pay Interim Dividend
First-quarter turnover rose 0.2 per cent to 12.40 billion euros, slightly missing estimate of 12.77 billion euros, according to analysts polled by Factset.
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Unilever To Protect Workers From Sudden Pay Drop For Up To Three Months
Consumer goods giant Unilever Plc said on Tuesday it would shield its workforce for up to three months from sudden drop in pay, resulting from market disruptions or an inability to perform their roles during the coronavirus pandemic.
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GlaxoSmithKline In Exclusive Talks To Sell Horlicks Unit To Unilever: Report
Unilever beat a bid from Swiss rival Nestle which was also bidding for the unit and looking to expand its portfolio in the powdered hot beverages category, the report added.
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Unilever Sharpens P&G Rivalry By Buying Dollar Shave Club
Unilever Plc is to buy U.S.-based Dollar Shave Club, expanding its presence in the growing market for male grooming products and sharpening its rivalry with Procter & Gamble which owns the Gillette brand.
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HUL Posts Q1 Profit of Rs 1,059 Crore, Misses Estimates
Hindustan Unilever is Asia's largest consumer goods maker by market capitalisation and sells products such as Lux soap, Lipton tea and Dove shampoos through thousands of mom-and-pop stores as well as big retailers across the country, making it a barometer of Indian consumer sentiment.
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Tesco Appoints Unilever's Dave Lewis as New CEO
Commenting on the development, Tesco chairman Richard Broadbent said: "Having guided Tesco through a substantial re-positioning in challenging markets, Philip Clarke agreed with the Board that this is the appropriate moment to hand over to a new leader."
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HUL net rises to Rs 872 crore in Q4, sales growth muted
A normal monsoon, key to rural demand, and pre-election spending on consumer goods to woo voters in Asia's third-largest economy, failed to lift consumer spending as surging commodity prices and meagre salary increases weighed on incomes.
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Sebi imposes penalty on Unilever
Securities and Board Exchange of India (Sebi) fined Unilever Plc Rs 50 lakh for being late in making certain disclosures tied to its open offer for its domestic unit Hindustan Unilever last year.
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Hindustan Unilever falls ahead of results, shares down 4.5%
Parent Unilever Plc has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market expectations.
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Unilever's $5.4 billion open offer for HUL begins
Anglo-Dutch FMCG giant Unilever Plc's $5.4 billion open offer to increase stake in its Indian arm Hindustan Unilever Limited (HUL) to up to 75 per cent commenced on Friday.
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Unilever's $5.4 billion open offer for HUL to start on Friday
FMCG giant Unilever PLC is set to increase the stake in its Indian arm Hindustan Unilever Limited (HUL) to up to 75 per cent.
-
Unilever Downbeat On Europe, China Consumer Sentiment, Raises Prices to Counter Costs
Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year sales forecast as it lifted prices to counter soaring costs.
-
Grocery Shock For India, Others As Indonesia Bans Cooking Oil Exports
Indonesia's shock move to ban exports of cooking oil will reverberate across the world, threatening to push up costs for the likes of Nestle SA and Unilever Plc and heightening concerns about food inflation.
-
Opinion: For India's Kirana Store Owners, A Game-Changer, Finally
The erstwhile Lever Brothers - now Unilever Plc - arrived in India in 1888 with crates of Sunlight soap. There was no smartphone, and no fintech.
-
Ben & Jerry's Ice Cream Boycott And Israel's Warning Of "Repercussions"
Israeli Prime Minister Naftali Bennett warned Unilever Plc Chief Executive Officer Alan Jope that Ben & Jerry's plans to halt sales in Jewish West Bank settlements and areas of east Jerusalem will have "serious repercussions, legal and otherwise."
-
FMCG Giant Unilever Withdraws 2020 Forecast, To Pay Interim Dividend
First-quarter turnover rose 0.2 per cent to 12.40 billion euros, slightly missing estimate of 12.77 billion euros, according to analysts polled by Factset.
-
Unilever To Protect Workers From Sudden Pay Drop For Up To Three Months
Consumer goods giant Unilever Plc said on Tuesday it would shield its workforce for up to three months from sudden drop in pay, resulting from market disruptions or an inability to perform their roles during the coronavirus pandemic.
-
GlaxoSmithKline In Exclusive Talks To Sell Horlicks Unit To Unilever: Report
Unilever beat a bid from Swiss rival Nestle which was also bidding for the unit and looking to expand its portfolio in the powdered hot beverages category, the report added.
-
Unilever Sharpens P&G Rivalry By Buying Dollar Shave Club
Unilever Plc is to buy U.S.-based Dollar Shave Club, expanding its presence in the growing market for male grooming products and sharpening its rivalry with Procter & Gamble which owns the Gillette brand.
-
HUL Posts Q1 Profit of Rs 1,059 Crore, Misses Estimates
Hindustan Unilever is Asia's largest consumer goods maker by market capitalisation and sells products such as Lux soap, Lipton tea and Dove shampoos through thousands of mom-and-pop stores as well as big retailers across the country, making it a barometer of Indian consumer sentiment.
-
Tesco Appoints Unilever's Dave Lewis as New CEO
Commenting on the development, Tesco chairman Richard Broadbent said: "Having guided Tesco through a substantial re-positioning in challenging markets, Philip Clarke agreed with the Board that this is the appropriate moment to hand over to a new leader."
-
HUL net rises to Rs 872 crore in Q4, sales growth muted
A normal monsoon, key to rural demand, and pre-election spending on consumer goods to woo voters in Asia's third-largest economy, failed to lift consumer spending as surging commodity prices and meagre salary increases weighed on incomes.
-
Sebi imposes penalty on Unilever
Securities and Board Exchange of India (Sebi) fined Unilever Plc Rs 50 lakh for being late in making certain disclosures tied to its open offer for its domestic unit Hindustan Unilever last year.
-
Hindustan Unilever falls ahead of results, shares down 4.5%
Parent Unilever Plc has become more cautious about prospects for emerging markets, a big growth driver for the consumer goods company, which reported underlying second-quarter sales growth shy of market expectations.
-
Unilever's $5.4 billion open offer for HUL begins
Anglo-Dutch FMCG giant Unilever Plc's $5.4 billion open offer to increase stake in its Indian arm Hindustan Unilever Limited (HUL) to up to 75 per cent commenced on Friday.
-
Unilever's $5.4 billion open offer for HUL to start on Friday
FMCG giant Unilever PLC is set to increase the stake in its Indian arm Hindustan Unilever Limited (HUL) to up to 75 per cent.
