Unilever

Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty and Personal Care, Foods and Refreshment, and Home Care. The Beauty and Personal Care segment offers skin cleansing, hair care, skin care, and deodorants categories. The Foods and Refreshment segment sells ice cream, savory, dressings, and tea. The Home Care segment includes fabric category and a wide range of cleaning products. The company was founded by Antonius Johannes Jurgens, Samuel van den Bergh, and William Hulme Lever on January 1, 1930 and is headquartered in London, the United Kingdom.

Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment offers hair care, skin care, and prestige beauty and health & wellbeing. The Personal Care segment consists of sales of skin cleansing, deodorant, and oral care products. The Home Care segment comprises of sales of fabric care and a wide range of cleaning products. The Nutrition segment refers to sales of scratch cooking aids, dressings, and tea products. The Ice Cream segment covers primarily ice cream products. The company was founded by Antonius Johannes Jurgens, Samuel van den Bergh, and William Hulme Lever on January 1, 1930 and is headquartered in London, the United Kingdom.

Unilever is considering marketing changes to its dominant line of skin lightening creams, according to a company source in South Asia, even as the company and its rivals face a growing global social media backlash against such products.

Unilever, rivals mull changes amid global backlash against skin-lightening products

Ben & Jerry’s CEO says Facebook ad boycott doesn’t go far enough

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Goldman Sachs has tipped several European technology, insurance and utility companies for acquisition in the latest reshuffle of its M&A basket for the region.

Goldman Sachs backs these European stocks as acquisition targets

L'Oreal SA

L'Oreal SA, Unilever and other multinationals that acquired personal-care brands founded by Black people are moving to reassure their core customers, some of whom have pledged in the wake of racial-justice protests to direct their spending toward only Black-owned companies.

Brands tout Black heritage as some shoppers question authenticity

Unilever Plc (ULVR.L) said on Friday it is buying a chain of laundromats in Brazil to be renamed Omo, after the world’s No. 2 laundry detergent, in what the consumer goods giant said could be a precursor to other similar deals elsewhere.

Unilever Brazil laundry franchise deal may presage new business push

The company is also putting $1.1 billion into fighting climate change.

Unilever Aims for 100% Biodegradable Products, Zero Emissions by the 2030s

The goal is to hit the benchmarks set by Paris Climate Agreement benchmarks far earlier than the 2050 deadline.
Unilever, one of the largest consumer goods companies in the world, had a carbon footprint equivalent to about 60 million metric tons of CO2 in 2019.

Unilever is investing $1.1 billion in a new climate fund—and hopes to reach net zero emissions by 2039

Major firms around the world are looking to reduce their impact on the environment.

Unilever lays out plans for $1 billion investment in climate and nature fund

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Unilever Plc  said on Monday it will invest 1 billion euros in a fund to invest in climate change projects and reduce to net zero greenhouse gas emissions from all its products by 2039, 11 years ahead of the Paris Agreement deadline.

Unilever to invest 1 billion euros in climate change fund over 10 years

Unilever (AMS: UNA) said on Thursday that it plans on merging its legal arms in England and Netherlands to form a single, UK-based holding company. In 2018, shareholders rejected the company’s proposal to move its headquarters from London to the Netherlands.

Unilever proposes to merge its Anglo-Dutch legal structure into a single UK-based holding company

Unilever proposed on Thursday to ditch its dual Anglo-Dutch legal structure and create a single company in Britain to give it more flexibility for mergers and acquisitions as the coronavirus pandemic overwhelms businesses worldwide.

Unilever picks Britain as best option as it ends Anglo-Dutch era

Anglo-Dutch Unilever   plans to become a single holding company based in Britain, unwinding a dual-headed structure which has been in place for 90 years.

Factbox: Unilever's bid to end Anglo-Dutch dual-headed structure

Unilever's decision to base the company solely in Britain and not in the Netherlands represented a vote of confidence in the country, said British business minister Alok Sharma.

Unilever's UK move is vote of confidence: British minister

Unilever said it's going to unify its dual-headed legal structure to a single parent company, swapping Unilever NV UNA, +0.66% UN, +0.88% shares for Unilever plc ULVR, +1.01% UN, +0.88% .

Unilever to unify its dual-headed legal structure

Unilever: Attractive Valuation With Pockets Of Growth Opportunity

Unilever: A Consumer Products Champion

Unilever: Cash Cow

As per Trefis estimates, the coronavirus pandemic could indeed support Unilever’s  personal and home care revenues, but a drop in Foods and Refreshments revenue could cause total revenue to fall. The company’s revenue comprises of 3 segments i.e.

Unilever Revenues Dipped from 2017-2019, Drop Again in 2020?

GlaxoSmithKline

GlaxoSmithKline  has sold its stake in Unilever's  Indian business  for $3.4 billion, marking India's largest block trade, which will help the British company in its goal of reinvigorating its drug development pipeline.

GSK sells $3.4 billion Hindustan Unilever stake in largest India block trade

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva)

Britain's GSK to sell entire stake in Hindustan Unilever

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Headwinds for key product categories and geographic growth markets prompted the company to cancel 2020 performance targets.

Unilever Reports Flat First-Quarter Sales, Suspends 2020 Guidance

Alan Jope predicts continued growth in online shopping and higher sales of cleaning products

Coronavirus will cause 'lasting changes' to shopping habits, says Unilever boss

Unilever (AMS: UNA) highlighted a hit to its business due to lockdowns in India and China as the company withdrew its full-year guidance on Thursday. The consumer goods giant said that demand for cleaning items in Europe and the United States was high but it failed to offset a sharp decline in ice cream sales.

News for Unilever Stock (UL)