Unilever is an international consumer goods company. Founded by Lever Brothers and dutch company Margarine Unie in the 1920s, Unilever is a public company, listed on the Euronext Amsterdam and London Stock Exchanges as UNA and ULVR respectively. The head offices for Unilever are located in Rotterdam, Netherlands and in London, England.
Unilever this week held its annual investor day in Port Sunlight, the village built in the 1880s by one of the companies that were the forer...
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There will be more requests on retailers to move on price. Not every supplier will be successful. And for those that are not, it may serve as a push to, ultimately, look for scale or for a buyer. Another round of consolidation in the sector is likely.
The process of zero-based budgeting removes the budget's baseline and requires every cost to be justified. In contrast to other budgeting techniques, it encourages critical thinking of historic expenses. It can offer big savings - but the process can also be complex, convoluted, costly and there are no guaranteed economies. Execution is key. In just-food's final part of our special report on zero-based budgeting, we look at best-practice on the implementation of the strategy.
Zero-based budgeting is essentially a cost-control mechanism. By re-setting each line of the budget at zero, it focuses attention on expenses and challenges existing costs. There are, however, contradictory views about whether the adoption of this method is supportive of revenue growth while its risks and limitations mean that it is not necessarily a good fit for everyone. Katy Askew reports.
Zero-based budgeting is not a new concept. It was developed around five decades ago by Peter Pyhrr, an account manager at semiconductor firm Texas Instruments. After being taken up by US president Jimmy Carter in the 1970s, the method fell into obscurity. Recent years have seen it experience a revival in the food industry. In this series of articles, just-food examines zero-based budgeting and asks if it is a miracle diet for packaged food companies seeking a shapelier margin profile.
In the second section of a two-part interview, R&R Ice Cream CEO Ibrahim Najafi speaks to Dean Best about how the UK-based company is navigating the challenges in its domestic - and still largest - market.
R&R Ice Cream is the second-largest ice cream manufacturer in Europe by sales, behind only Unilever. But the UK-based business's CEO, Ibrahim Najafi, promoted to the top job at the company 18 months ago, has his sights on expansion further afield.
Unilever is focused on preserving the value of its Flora-to-Becel spreads unit and investing the cash from the under-pressure division into other parts of its operations - but will continue to look at options for the business were sales to remain in decline.
Unilever today (30 November) outlined a new target for operating margin, in part driven by plans to widen the company's use of zero-based budgeting.
Wilmar International, the agribusiness accused by Amnesty International of running Indonesian palm oil plantations that contribute to child labour and human rights abuses, has called for collaboration to achieve a "labour transformation" across the global palm oil industry.
Nestle, Unilever and Kellogg are among the companies that are contributing to child labour and human rights abuses, Amnesty International has claimed in a report published today (30 November).
Unilever CEO Paul Polman and Danone chief executive Emmanuel Faber are among a clutch of senior industry executives to reiterate their support for the implementation of the Paris Agreement on climate change, amid fears President-elect Donald Trump may look to remove the US from the deal.
Fifteen companies have been named as members of the "inaugural class" of US Food Loss and Waste 2030 Champions – a national campaign to recognise US businesses and organisations pledging concrete steps to reduce food loss and waste in their operations by 50% by 2030.
Unilever and Musgrave have struck a deal bringing to an end a pricing dispute that saw the consumer goods giant halt deliveries of some of its brands to the Northern Irish retailer.
Unilever, the consumer goods giant, has said around 500 of its products will carry the European Vegetarian Union's vegetarian label.
Unilever remains locked in pricing negotiations with Irish retailer Musgrave Group as it continues to push through price increases to offset the negative impact that currency is having on profitability.
Unilever and Tesco have reached an agreement that will see the consumer goods giant resume deliveries of brands such as Marmite, Magnum and Knorr.
Tesco and Unilever have locked horns as the UK's largest retailer resists the consumer packaged goods giant's attempt to hike prices in the wake of Brexit.
Unilever's underlying sales growth was supported by pricing in the third quarter, a period which saw volumes decrease slightly.
Unilever is reportedly working on plans for a food plant in Egypt.
Unilever said today (6 October) it had decided to set up a new global food research and development centre in the Netherlands in order to "deliver disruptive innovation".
Unilever is to move its research and development into food, operations that are located across three sites in Europe, into a new facility in the Netherlands.
A coalition of 40 institutional investors representing US$1.25trn in funds is urging 16 multinational food companies – including Kraft Heinz, Unilever, General Mills and Nestle – to take action on the "material risks" posed by industrial animal production.
Unilever has announced plans to relocate up to 100 workers from its European supply chain logistics hub in Schaffhausen, Switzerland, to Rotterdam.
Thirty additional companies, including Burton's Biscuit Co. and Dairy Crest, have joined the Courtauld Commitment 2025 in a bid to reduce the resource intensity of the UK's food sector.
Unilever is launching a range of dry recipe mixes under its Knorr brand in the UK.
Unilever said it has "broadly confirmed" human error led to some of its Telma cereal products contaminated with salmonella being shipped out of a plant in Israel but stressed the company's manufacturing licence had not been suspended.
Israel's health ministry has suspended Unilever's manufacturing licence in the country after breakfast cereal thought to be tainted with salmonella was despatched from one of the company's plants in southern Israel to supermarkets.
Simplot, the US-based agri-food group, has acquired three cooking sauce brands in Australia held under licence by UK food business Symington's from Unilever.
UK consumers are being urged to think of other ways to use their jack-o-lanterns and cut the millions of tonnes of pumpkin that is wasted at this time of year.
Amazon Dash, the service that allows consumers to re-order products at home through the retail giant at the touch of a button, has been launched in three European markets.
Hindustan Unilever Limited (HINDUNILVR) - Financial and Stra
Hindustan Unilever Limited (HUL), a subsidiary of Unilever Plc, is a fast-moving consumer goods company....
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