unilever

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Retail Asia22/09/2023

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, Ponds, Brut, Moussel, Alberto Balsam and Matey. Two years ago, Unilever hired Credit Suisse to divest […]

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Retail Asia10/02/2023

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” strategy, Beijing dropped restrictions almost completely in early December. In January, China’s cabinet said […]

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Retail Asia05/12/2022

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 transparent roadmap to help reduce its operational emissions by 100% by 2030 and reach net […]

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Retail Asia31/10/2022

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 margins have been squeezed since the start of the war in Ukraine […]

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Retail Asia20/04/2022

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 care for Unilever Australia and New Zealand. Heath […]

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Retail Asia18/01/2022

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 the weekend that it had rejected the Unilever offer for its consumer healthcare business, which is home to brands such as […]

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Retail Asia22/11/2021

Unilever has sold its global tea business – including T2 – to private equity company CVC Capital Partners, for €4.5 billion ($A7 billion) The business, called Ekaterra, owns 34 brands including Lipton, PG tips, Pukka, T2 and Tazo and turned over €2 billion ($A3.1 billion) last year. The company has 11 production factories on four […]

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Retail Asia17/06/2021

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 Unilever, Paula’s Choice will join its Prestige division which manages other […]

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Retail Asia19/05/2021

Global consumer company Unilever is to convert its entire toothpaste portfolio to using recyclable tubes by 2025. The company’s oral-care brands include Signal, Pepsodent, and Closeup. After four years of development, the recyclable toothpaste tubes will be available this year in two of Unilever’s largest oral care markets – France and India. According to Unilever, […]

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Retail Asia30/04/2021

Unilever announced a 3 billion euro ($3.6 billion) share buyback and said it was confident of hitting sales targets this year after demanding from home cooks and China helped it to beat first-quarter sales expectations. Shares in the maker of Dove soap and Ben and Jerry’s ice cream climbed as much as 4 percent on […]

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Retail Asia09/05/2019

Unilever has joined hands with Telenor Pakistan to enable digital and financial inclusion in Pakistan through mainstream access to digitalized retail services, digital financial solutions, digital products and skill enhancement across Pakistan. Through this collaboration, both companies will integrate their expertise in the telecom and consumer goods industries to build a digitally inclusive ecosystem. This […]

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Retail Asia24/01/2019

A one-year-old baby with an incredible mane of hair has been signed by Pantene as one of the faces of the brand in Japan. Instagram starlett Baby Chanco has stunned social media users over the last six months as her mother uploads images of her incredible, thick hair. Baby Chanco, who lives in Japan, was […]

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Retail Asia05/12/2018

Indian online marketplace Shop101 is seeking to raise $11-12 million in a Series B funding round. Talks concerning the investment are being led by Kalaari Capital and Unilever Ventures, with participation expected by current backer Stellaris Venture Partners, which invested $5 million several months ago. Investment capital is likely to assist the firm in technological […]

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Retail Asia21/11/2018

The state auditing agency says Unilever Vietnam should pay over $25 million in back taxes for the 2009- 2013 period. Speaking at a National Assembly session on the draft bill on Tax Administration, State Auditor General Ho Duc Phoc pointed to the Holland-backed personal care products maker Unilever Vietnam as an example of taxes overlooked […]

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Retail Asia12/11/2018

Indonesia has decided not to make any changes to export levies on palm oil, Coordinating Economic Affairs Minister Darmin Nasution said on Thursday. “Even though we have had discussions on the issue, we prefer not to change the policy on this area. There is no change,” Darmin said at a press briefing in Kuala Lumpur. […]

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Retail Asia02/05/2018

UNILEVER Thailand said it aims to boost people’s livelihoods while pursuing growth in the Thai market and reducing environmental impacts under a strategy it hails as 2022 Growing Together. Robert Candelino, head of Unilever Thailand, said that outlook for the consumer market in Thailand is tough. “I think the consumer market is desperate for new […]

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Retail Asia20/02/2018

Consumer goods giant Unilever said on Friday (16/02) it had laid bare its entire palm oil supply chain, including all the suppliers and mills it sources from, to boost transparency in a rare industry move. Unilever said it was the first consumer goods company to publish such details, having disclosed the location of more than […]

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Retail Asia25/01/2018

In December 2017, L’Oréal Singapore partnered with Bolloré Logistics Singapore to donate and deliver nearly 12,000 skincare and haircare products to National Cancer Center Singapore (NCCS) and Humanitarian Organization for Migration Economics (HOME). L’Oréal Singapore reached out to both philanthropic organizations to provide and transport daily necessity products that would be beneficial to them, while […]

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Retail Asia25/01/2018

Big brands have been put on notice about their inaction over the world’s growing 5,000,000-tonne problem of plastic aluminium laminate waste. Following revelations about the scale of the problem in the UK and internationally, the CEO of the company behind the world’s only solution for recycling laminates – food pouches, pet food pouches, toothpaste tubes, […]

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Retail Asia10/01/2018

Under social-media fire in Indonesia over its Golden Gaytime ice-cream brand, Unilever has issued a statement to say the brand is not even sold in the country. Protesters say the name and design promote LGBT rights, a big issue in Indonesia. The outrage follows social-media posts featuring a Rainbow Gaytime ice-cream bar that is not […]

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