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UNILEVER RESTRUCTURING
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demandBritannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move seeks to boost agility...- US Stocks: Unilever shares fall on investor concerns about food business spin-offUnilever shares dropped as investors worried about a potential food business split. This comes soon after the company separated its ice cre...
- Unilever to sharpen India play with premium & q-comm pushThe Indian unit, Hindustan Unilever (HUL), is reshaping and investing in its product portfolio to prepare for the future, with a sharper fo...
- Vadilal appoints Himanshu Kanwar as first non-family CEOVadilal Industries, following a family restructuring, has appointed Himanshu Kanwar, formerly of Unilever and Xto10x, as its first non-fami...
- Unilever to cut 1,500 fewer European jobs than previously expectedUnilever is reducing job cuts in Europe. The company will cut 1,700 jobs instead of 3,200. It is also hiring 1,000 people for its ice cream...
- Tata Motors CFO Balaji's stock soars high within groupPB Balaji, Tata Motors' finance chief, is expanding his influence within the Tata Group companies, being appointed to boards like Air India...
- Unilever wants you to wash the stains that are mostly invisibleUnilever's innovations like Persil Wonder Wash, endorsed by Usain Bolt, aim for quick rinsing. CEO Hein Schumacher targets growth as Eduard...
- Unilever plans to spin off Ice Cream business, sack 7,500 to cut costsUnilever Plc is set to spin off its ice cream business, home to beloved brands like Ben & Jerry’s and Magnum, in a cost-cutting move that w...
- What does Unilever's restructuring plan mean for HUL?With an average underlying sales growth of 2.9% from 2016 to 2020 and an underlying operating margin of 18.5% for the year 2020, the Anglo-...
- HUL to merge foods and refreshments divisionNearly two years ago, Hindustan Unilever had split these divisions to have sharper focus in these high growing segments.
- Will Nestle India do an HUL show on Dalal Street?Investors expect the company to expedite efforts at restructuring and seek greater innovation.
- Hindustan Unilever mulls job cuts, extent of layoffs could be between 10% and 15%The company employs 18,000 people across factories and offices in India, according to its 2015-16 annual report, including more than 1,500 ...
- Unilever to shift tech jobs to BangaloreUnilever is planning to move some jobs to Bangalore as part of a restructuring exercise that would involve relocating some 400 high capabil...
- Top HUL executive resignsHindustan Unilever's (HUL) executive director (legal and company secretary), Ashok Gupta, has tendered his resignation.
- Tata Tea plans to take on Coca Cola, Pepsi, Unilever globallyTata Tea today said that it has evolved a strategy to compete globally with Coca Cola, Pepsi and Unilever in the beverages business.
- HUL to license Lakme and Lever Ayush brands to Lakme LeverIn a significant restructuring exercise, Hindustan Unilever Limited (HUL) has decided to license its Lakme and Lever Ayush brands to its su...
- Unilever to slash 250 R&D jobs globallyConsumer goods major Unilever Plc has announced slashing of 250 research jobs across the world as a part of its restructuring plan to conso...
- Unilever poaches Nestle's Paul Polman as CEOPolman, who will take over from Patrick Cescau, spent 26 years in P&G before moving to Nestle and is seen as a consumer expert. Bond with y...
- Manwani, Banga in race for top job in UnileverThe post would fall vacant sometime next year when the current group chief executive Patrick Cescau, who is French, steps down.
- Unilever disappoints analysts, nets E986mUnilever, the world’s third-largest food company, posted second-quarter profit that missed analysts’ estimates as sales growth slowed and t...
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