unilever
Ben & Jerry’s Ignores Unilever’s Nazi HistoryPaul Chesser, director of NLPC’s Corporate Integrity Project, pointed out that if Unilever wants to right historical wrongs, it should start with its parent company: Unilever cannot hide its collaboration with the Nazi regime in Germany during the 1930s and 1940s. Unilever invested in a large number of German businesses central to German rearmament, including shipbuilders that produced U-boats. As Unilever’s founding Chairman Paul Rykens put it, “In Germany, we are a German firm.” Unilever replaced Jewish managers and supervisory board members of it...
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By BOOM Team Unilever on October 18 recalled several aerosol dry shampoos from the brands such as Dove, Nexxus, Suave, TIGI (Rockaholic and Bed Head), and TRESemmé because of potentially high levels of benzene in the products. The United States Food & Drug Administration (FDA) said in a statement, "The recalled products were distributed nationwide in the United States. Retailers have been notified to remove recalled products from shelves." This was a voluntary recall of the products that Unilever produced before to October 2021. Also Read:India To US, Diethylene Glycol In Cough Syrups Have Kil...
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Nelson Peltz’s appointment to Unilever plc (NYSE:UL)’s board makes it look like open season for activism in the U.K. Nelson Peltz Joins Unilever’s BoardThe Trian Partners founder was accepted as a director a little over two weeks ago to cap a second successful private engagement for the activist this year, after Peltz and colleague Ed Garden joined the board of Janus Henderson. Q1 2022 hedge fund letters, conferences and more Indeed, the number of board seats won by activists at U.K.-based companies is up to 10 so far this year, from six and five during the same period in 2021 and 2020, respec...
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Unilever plc (LON:ULVR)’s first quarter sales adjusted for the impact of exchange rates rose 7.3% to €13.8bn, above expectations. This was driven by an 8.3% increase in prices, most notably in Home Care. Higher prices caused a 1% decline in volumes, though food solutions and out-of-home ice cream continued to improve as pandemic restrictions eased. Inflation is expected to increase costs by €2.1bn in the first half and €2.7bn in the second half. Unilever plans to raise prices to combat this, which is seen hurting volumes. Q1 2022 hedge fund letters, conferences and more First half revenue grow...
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Anglo-Dutch consumer products giant Unilever plc (LON:ULVR) today revealed that it is raising prices around the world, in response to rapidly rising costs.Q3 2021 hedge fund letters, conferences and more Overall, the group reported sales growth of 2.5% for Q3 and said that they were on course to hold margins broadly level for the full year, even as Unilever described cost pressures remaining “elevated”.Unilever's ResilienceCommenting on Unilever’s results, Steve Clayton, HL Select fund manager said: “These results show Unilever’s resilience, with a solid outcome in an especially challenging qu...
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