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Unilever boss to retire in 2023 after five years in the role

The boss of Marmite maker Unilever plans to stand down at the end of 2023 after five years at the helm, the group has announced. Chief executive Alan Jope’s retirement from the firm ends a career spanning more than 35 years with the group. Unilever ...

26 Sept 2022 at 08:49

City

Unilever raises sales guidance despite price hikes

Consumer goods giant Unilever has upped its sales guidance as it passes on rising costs to customers around the world. The business said that the cost of what it buys will increase by billions of pounds this year but it is solving this pressure by ...

26 Jul 2022 at 09:19

Unilever facing Ukrainian demands to leave Russia completely

Unilever and other international companies are under growing pressure to leave Russia fully in the wake of Vladimir Putin’s invasion of Ukraine. Kyiv’s ambassador to the UK Vadym Prystaiko singled out the British consumer goods firm as he warned ...

19 Mar 2022 at 03:55

City

Unilever shares bounce as activist investor Nelson Peltz joins board

The markets welcomed the appointment of US activist investor Nelson Peltz to the board of Unilever on Tuesday as analysts speculated it could bring a shake-up at the consumer giant. The maker of Ben & Jerry’s ice cream, Dove soap and Hellmann’s ...

31 May 2022 at 12:10

City

Unilever rules out big acquisitions after failed £50bn GSK consumer bid

Unilever has ruled out any big acquisitions in the near future following its failed £50 billion takeover of GlaxoSmithKline’s consumer arm as the Dove soap-maker warned it will be dented by soaring inflation. The consumer giant, which makes ...

10 Feb 2022 at 09:55

City

Unilever slashing 1,500 jobs worldwide under restructure

Around 1,500 jobs globally are being cut at consumer goods giant Unilever as part of a group-wide overhaul. The Marmite-to-Dove soap maker is planning to axe around 15% of senior management roles and 5% of more junior management roles ...

25 Jan 2022 at 10:25

City

Shareholder group calls for Unilever health push after difficult week

A group of major asset managers and shareholders has called on consumer giant Unilever to focus further on health after a week of fierce criticism for the Marmite manufacturer. The coalition of investors, backed by Share Action, said ...

20 Jan 2022 at 01:25

City

Unilever says it will not raise offer for GSK division after £50bn bid rejected

Unilever has said it will not increase its £50 billion offer for GlaxoSmithKline’s (GSK) consumer arm which was rejected earlier this week. The Marmite and Dove soap manufacturer said it has considered financial documents from GSK ...

19 Jan 2022 at 18:26

City

InterContinental Hotels chief quits after nine years

Patrick Cescau, the chairman of InterContinental Hotels, has announced he will quit the business later this year. The former chief executive of Unilever will stand down at the end of August and will be replaced by Deanna ...

18 Jan 2022 at 14:25

City

Inchcape finance boss steps down after ‘incident’ where behaviour ‘fell short’

Car dealership Inchcape said its finance boss has stepped down after his personal behaviour “fell short” at a recent event. The business did not elaborate on what happened but said that Gijsbert de Zoeten voluntarily ...

28 Nov 2022 at 13:51

Whats on

Carlow businesses encouraged to prioritise sustainability efforts in 2022

Carlow businesses are being urged to prioritise sustainability efforts and commit to urgent action with immediate effect, according to Sue Garrard, a leading sustainability expert. Sue Garrard, the former EVP of ...

03 May 2022 at 14:33

Holiday Inn owner partners with Unilever to axe hotel bathroom miniatures

The owner of Holiday Inn has partnered with Unilever to remove miniature shampoos and body wash from its hotels by 2030 in a bid to eliminate single-use plastics from its venues. Intercontinental Hotel Group ...

20 Jun 2022 at 16:21

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