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Unilever has been on a soul-searching mission for over a year as it streamlines its business to focus on its power brands, slashes jobs, and spins off units. To trim the fat further, the London ...
Unilever is letting go 7,500 workers of its 128,000-person workforce and spinning off its ice cream unit, which includes the Ben & Jerry’s brand. Unilever to lay off 149 at its North Jersey HQ ...
On 26 June 2020, Unilever said it would halt advertising to U.S. customers on social media giants Facebook, Instagram, and Twitter until at least the end of 2020 following a campaign started by various American civil-rights groups, such as the Anti-Defamation League and the NAACP, protesting Facebook's policies on hate speech and misinformation ...
Unilever in March said it planned to spin off or sell its ice cream unit, which includes the Burlington, Vermont-based maker of creamy treats with a decades-long motto of "peace, love & ice cream."
On July 19, 2016, Dollar Shave Club was acquired by Unilever for a reported $1 billion in cash. [14] On October 26, 2023, Unilever announced it would be selling most of its stake in Dollar Shave Club to Nexus Capital Management, keeping a 35% stake in the company. [15]
Lifebuoy is a British brand of soap marketed by Unilever. Lifebuoy was originally, and for much of its history, a carbolic soap containing phenol (carbolic acid, a compound extracted from coal tar). The soaps manufactured today under the Lifebuoy brand do not contain phenol. Currently, there are many varieties of Lifebuoy.
The following year, Unilever sought to sell Ben & Jerry’s Israel business to a partner in the region under tweaked branding, a move which the ice cream maker sued to block, arguing it had been ...
LIPTON Teas and Infusions became an independent company following the completion of the sale of the majority of Unilever’s tea business to CVC Capital Partners in July 2022. [5] A month after the sale, the company announced its withdrawal from the Russian market due to the Russian invasion of Ukraine. The situation in the country "does not ...