Unilever CEO Wants HUL To Align Growth Trajectory With India’s GDP
Fernando Fernandez states that the company will be the main beneficiary of a much more dynamic economic environment in India
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FMCG
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Food & Beverage.
Unilever Pauses Magnum IPO Amid SEC Approval Halt
- by BW Retail World Bureau
- October 21, 2025
Ongoing federal shutdown prevents SEC from approving Magnum Ice Cream listing, forcing Unilever to revise its timeline Unilever have postponed the planned demerger and listing of The Magnum ice cream company owing to the ongoing US federal government shutdown, which has halted regulatory approvals. The company said a revised timeline will be announced once […]
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Unilever Accelerates Growth Plans In India & The US
- by BW Retail World Bureau
- August 1, 2025
The company will invest disproportionately to ensure it gets the full benefits of Unilever’s scale and advantaged portfolio footprint in these markets, says CEO
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Unilever CEO Schumacher To Step Down: Report
- by BW Retail World Bureau
- February 25, 2025
The reports state that Schumacher, who joined in July 2023, is leaving by mutual agreement
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Unilever To Set Up Two Manufacturing Units In Telangana
- by BW Retail World Bureau
- January 22, 2025
The company will be establishing a palm oil refining unit at a suitable location in the Kamareddy district
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Unilever Splits Ice Cream Unit, Cuts 7,500 Jobs In Cost-Saving Move
- by BW Retail World Bureau
- March 20, 2024
Unilever has unveiled plans to separate its ice cream unit, which includes popular brands like Magnum and Ben & Jerry’s, into an independent entity, alongside announcing a new cost-saving initiative impacting 7,500 jobs. The company aims to complete the spin-off by the end of next year, as reported by Reuters. With the implementation of the […]
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Nestle, Danone Moderate Price Increases Amid Falling Inflation
- by BW Retail World Bureau
- February 24, 2024
Danone and Nestle, the leading consumer goods companies, said on Thursday that they will slow price rises in 2024, following two years of hikes that pushed many buyers to seek cheaper alternatives for essential items such as yoghurt and coffee. However, Danone, which owns brands such as Evian and Badoit waters and Activia yoghurt, warned that prices […]
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Unilever’s Nitin Paranjpe To Retire In Mid-2024, Remains HUL Chair
- by BW Retail World Bureau
- February 10, 2024
Unilever said on Thursday that Nitin Paranjpe, its chief people and transformation officer, will retire in mid-2024, about 37 years after joining the consumer giant as a management trainee. “I am very grateful to Nitin for everything he has done in the company. By the way, he will continue as the chair of Hindustan Unilever […]
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HUL Announces Management Reshuffle, Shiva Krishnamurthy Joins Management Committee
- by BW Retail World Bureau
- February 8, 2024
Hindustan Unilever (HUL) revealed on Wednesday top-level changes to its management committee, which controls the company’s operations. According to a business announcement, Shiva Krishnamurthy (49) will join the HUL Management Committee as Executive Director, of Foods and Refreshment. HUL owns brands such as Rin, Surf Excel and Dove. Srinandan Sundaram, Executive Director, Foods and Refreshment, […]
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Unilever’s Emphasis On Power Brands Sharpens Its Focus In India
- by BW Retail World Bureau
- January 1, 2024
Unilever Plc, the FMCG major, has aggressively streamlined its product portfolio, emphasising approximately 30 “power brands” in its pursuit of growth under new CEO Hein Schumacher, who assumed the role in July. These power brands, including Dove, Lux, Pond’s, Surf, Sunsilk, Lifebuoy, Horlicks, Vaseline, Knorr, Rexona, Closeup and Pepsodent, signify the company’s targeted focus, as […]