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The consumer goods group has compressed product development cycles across its EUR 12.8 billion beauty division and rolled out AI-formulated ranges across regional retail shelves.
The upgraded lineup incorporates pro-ceramide serum and hyaluronic acid, including a scent exclusive to IGA.
Unilever, the multinational consumer goods conglomerate, has announced plans to acquire Grüns, an American company specialising in green supplement products. Grüns is known for its nutrient-rich powdered supplements, derived from a variety of sources…
Unilever, a multinational consumer goods corporation, has confirmed that it is in discussions with McCormick & Company regarding the potential sale of its food division. The company has made this admission in response to ongoing rumours about the possible…
Unilever’s ice cream subsidiary, Magnum Ice Cream Company, is preparing for a significant spin-off worth billions next month. As it separates, the business is set to navigate various obstacles, including logistics issues and the emerging popularity of weight…
Omo, a renowned brand from Unilever, has introduced Wonder Wash, a novel liquid detergent series specifically formulated for quick, cold wash cycles. This product is designed to provide a comprehensive clean in an exceptionally short time—just 15 minutes—even…
Unilever’s newly-appointed CEO Fernando Fernandez has voiced optimism about the Indian market, believing in its long-term growth potential despite quarterly revenue shortfall. In an interview with Barclays earlier this month, Fernandez highlighted the brand’s…
Unilever New Zealand has promoted Nigel Melhuish, Keely Pipkin, and Sailen Mudaly to senior executive positions. Nigel Melhuish, who will serve as head of country New Zealand in addition to his role as supply chain manager, has been with the company for eight…
Unilever has hired Morgan Stanley and Evercore to sell a portfolio of non-core beauty and personal care brands as the company struggles with the impact of inflation. The portfolio includes Q-Tips, Impulse, Caress, TIGI, Timotei, Monsavon, St Ives, Zwitsal,…
Unilever said on Thursday it expects a “consumption boom” in China as lockdowns ease, flagging $1.5-$2 trillion in “excess household savings” it believes could boost its sales in the country and in Southeast Asia. After almost three years of a “zero-COVID”…
Unilever has started a range of programs and initiatives for a net zero value chain by 2039, contributing to Vietnam government’s net zero carbon emissions vision by 2050. In 2021, Unilever published its Climate Transition Action Plan, an ambitious and…
Unilever 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. Like the rest of the consumer goods industry, Unilever’s…
Unilever New Zealand MD Cameron Heath will relocate to take up the new role with his team this month after nearly six months of managing the role remotely. His predecessor, Nick Bangs, will move to Sydney to take on the role of GM, home, beauty and personal…
Dove soap maker Unilever signaled on Monday it would pursue a deal for GlaxoSmithKline’s consumer health business, calling it a “strong strategic fit” after its 50-billion-pound approach ($68.4 billion) was rejected. The update comes after GSK confirmed over…
Unilever has sold its global tea business – including T2 – to private equity company CVC Capital Partners, for €4.5 billion ($A7 billion) The business, called Ekaterra, owns 34 brands including Lipton, PG tips, Pukka, T2 and Tazo and turned over €2 billion…
Unilever is to add digital-led skincare brand Paula’s Choice to its portfolio after reaching a purchase agreement with TA Associates. The value of the deal – expected to be completed in the third quarter this year – has not yet been disclosed. According to…
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