Welcome to our dedicated page for Unilever news (Ticker: UL), a resource for investors and traders seeking the latest updates and insights on Unilever stock.
Unilever PLC (UL) maintains industry leadership through its global portfolio of essential consumer goods spanning personal care, nutrition, and household products. This news hub provides investors with centralized access to corporate developments shaping one of the world's most diversified FMCG enterprises.
Track official announcements including quarterly earnings results, sustainability initiatives, and strategic market expansions. Our aggregation includes product innovation updates, executive leadership changes, and regulatory filings critical for assessing UL's market position.
Key coverage areas include brand portfolio developments, supply chain innovations, and shareholder-related announcements. The curated feed serves as a decision-making resource for monitoring operational milestones in homecare, beauty products, and packaged food sectors.
Bookmark this page for streamlined access to Unilever's verified corporate communications. Combine these updates with fundamental analysis tools to track UL's performance in dynamic consumer markets.
Unilever U.S. is recalling approximately 137,000 cases of Popsicle Jolly Rancher Frozen Confection Pop single-serve products due to undeclared milk. The recall affects only products marked for individual sale, typically sold through ice cream trucks, concession stands, and grab-and-go freezers. Multi-pack products sold in grocery stores are not affected.
The recall covers specific lot codes of the 2.71 fl oz Green Apple Blue Raspberry Grape flavor, distributed between February 1, 2024, and August 15, 2024. Two allergic reactions have been reported. Consumers with milk allergies are advised not to consume the product and visit www.PopsicleRecall.com for reimbursement information.
Yellow Wood Partners, a private equity firm in Boston, has finalized its acquisition of Elida Beauty brands from Unilever, which includes notable consumer brands like Q-tips, Caress, Ponds, and St. Ives. Alfie Vivian, a former executive at Tyson Foods, has been named CEO of the newly independent Elida Beauty. This acquisition allows Yellow Wood to expand its presence in the health and beauty sector, adding to a portfolio of over 50 brands with retail sales exceeding $3 billion. The company aims to leverage its expertise to drive growth and operational efficiency in Elida Beauty’s global markets.
Accenture (NYSE: ACN) has appointed Alan Jope, CEO of Unilever (LSE: ULVR), to its Board of Directors effective immediately. Mr. Jope, who will serve on the Nominating, Governance & Sustainability Committee, brings extensive experience in the consumer goods sector and sustainable business practices. His appointment will be subject to re-appointment at the next annual general meeting. With this addition, Accenture’s board now consists of 10 members, nine of whom are independent. Julie Sweet, Accenture's chair and CEO, emphasized Mr. Jope's leadership potential and industry insight as essential for driving the company's strategic goals and creating value for stakeholders.
Accenture (NYSE: ACN), Microsoft (Nasdaq: MSFT), and Unilever (LSE: ULVR) have successfully completed a major cloud migration, marking a significant achievement in the consumer goods sector.
This transition, executed in just 18 months, will enhance Unilever's operational resilience, customer service, and product launch speed, while supporting its sustainability goals.
Utilizing Azure as its primary cloud platform, Unilever aims to leverage AI and cloud technology for innovation, efficiency, and reduced carbon emissions. This partnership sets a new standard for cloud transitions in the industry.
Unilever has announced the sale of its Suave brand in North America to Yellow Wood Partners LLC. This move is part of Unilever's strategy to shift towards more strategic growth opportunities. Esi Eggleston Bracey, President of Unilever USA, expressed confidence in Suave's future success under new ownership. The transaction is expected to close in Q2 2023, pending regulatory approvals. Suave will continue to be managed by Unilever outside the U.S. and Canada. Financial details of the sale have not been disclosed.