The long-standing rumour has now been confirmed: Unilever will have its main office in Rotterdam, rather than London. The food and detergent giant’s board has made the call after nearly a year of debate.
» Read more
Consumers are ready, the technology is rapidly advancing and investors see the potential: meat replacement turnover will reach 4.2 billion euro worldwide by 2020. The major multinationals are now also on board.
» Read more
Unilever may be looking for a successor to Paul Polman as CEO of the company, this does not mean that he will leave the British-Dutch company completely. Polman is still a candidate for the board of directors.
The Financial Times believes Rotterdam is in pole position to become the British-Dutch Unilever’s new main office, rather than London. The business paper claims the information comes from political insiders.
Unilever has threatened to pull its advertising budget from online media channels that lack transparency and create discord according to marketing director Keith Weed’s statements at the IAB advertisers’ congress.
Unilever has surpassed the 50 billion euro turnover mark, even without its margarine division. The British-Dutch food and personal care giant experienced growth, particularly with its brands Dove and Knorr.
Unilever Belgium will restructure its team of store representatives and cut eleven jobs. The company confirmed that to RetailDetail.
Tonic brand Fever-Tree appointed a new director, Kevin Havelock. Considering he leads Unilever’s sodas division, there is speculation that Unilever may acquire Fevertree Drinks and that has boosted its share.
Unilever and private equity firm KKR have reached a deal surrounding the former’s margarine division. KKR will apparently pay 6.8 billion euro; the transaction should be finalized mid-2018.
Unilever previously said it no longer wants to operate two main offices, spread across the Netherlands and the United Kingdom, but the decision about which one will prevail has been postponed.
Unilever has started its search for CEO Paul Polman’s successor. It enlisted headhunter Egon Zehnder, which will now search for possible candidates.
A number of major manufacturers, including Mars, Unilever and Reckitt Benckiser has joined a new British digital platform that will enable them to sell directly to the consumer.
Hanneke Faber, head of eCommerce and innovation at Ahold Delhaize, will leave the company at the end of the year. Her new employer is Unilever, where she will lead the European division.
The past summer was not one with a lot of hot days and that has had its effect on Unilever’s ice cream sales. The division’s sales therefore slumped 6.7 %.
Italian Ferrero has struck a deal with Unilever to create Kinder ice cream. Unilever already has plenty of experience in that area, with Magnum as one of its most iconic brands.
The Dollar Shave Club will arrive on European shores next year. The razor blade subscription service, owned by Unilever, has long since been a success in the United States.