PYMNTS-MonitorEdge-May-2024

unilever

Unilever Announces Sweeping Restructuring of Global Businesses
Unilever Announces Sweeping Restructuring of Global Businesses
January 25, 2022  |  Retail

Unilever has announced an organizational restructuring that includes 1,500 layoffs and the creation of five business groups to replace the “matrix” structure it has used...

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GlaxoSmithKline, Unilever Spar Over Future of GSK’s Consumer Health Business
GlaxoSmithKline, Unilever Spar Over Future of GSK’s Consumer Health Business
January 16, 2022  |  Healthcare

GlaxoSmithKline and Pfizer will hold out for a better bid of at least £60 billion for their joint consumer healthcare venture, in opposition to an...

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Loss Of Advertisers Knocks Facebook’s Market Value Down $56B
Loss Of Advertisers Knocks Facebook’s Market Value Down $56B
June 29, 2020  |  Facebook

With advertising boycotts aplenty, Facebook CEO Mark Zuckerberg is now out $7 billion, Bloomberg reports. The social media giant has faced backlash and losses in...

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CEO Says Unilever Is Not Benefitting From COVID-19
CEO Says Unilever Is Not Benefitting From COVID-19
April 14, 2020  |  Coronavirus

Despite increased demand for its soap brands, Unilever’s CEO said the U.K. consumer products firm is not benefiting from the coronavirus crisis. In an interview...

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Unilever Says Its Amazon Sales Don’t Add Up To Much
Unilever Says Its Amazon Sales Don’t Add Up To Much
September 27, 2019  |  Retail

Unilever has revealed that its sales on Amazon are only a small piece of its pie since most of its products sold on the website...

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Unilever Taps Amazon Exec To Lead Beauty Business
Unilever Taps Amazon Exec To Lead Beauty Business
March 27, 2019  |  Retail

To lead its personal care and beauty businesses as it homes in on digital, Unilever tapped an executive who is currently working at Amazon. Sunny Jain,...

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Amazon Overhauls Low-Margin Products In eCommerce Shift
Amazon Overhauls Low-Margin Products In eCommerce Shift
December 17, 2018  |  Amazon

Amazon is making moves to get rid of items on its site known as CRaP, which is short for “Can’t Realize a Profit.” According to...

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Dollar Shave Club’s Growing Grooming Ambitions
Dollar Shave Club’s Growing Grooming Ambitions
November 12, 2018  |  Retail

Dollar Shave Club first made a name for itself with a solid concept — and a series of very entertaining ads that brought the inexpensive razor...

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Nestle, Unilever And Coca-Cola Battle For GSKs India-Based Horlicks
Nestle, Unilever And Coca-Cola Battle For GSKs India-Based Horlicks
September 19, 2018  |  Retail

India is increasingly a hotbed for commerce, and that trend continues with Nestle, Unilever and Coca-Cola reportedly each bidding for GlaxoSmithKline’s nutritional business, Horlicks of...

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