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 reports developments across a global consumer goods portfolio organized around Beauty & Wellbeing, Personal Care, Home Care and Foods. Recurring news includes brand and product activity for names such as Dove, Axe, Degree, Knorr, Hellmann's and related consumer categories, along with product safety actions, allergen-labeling recalls, sponsorships and portfolio updates.
Company news also covers packaging and manufacturing sustainability initiatives, including low-carbon aluminum packaging and factory decarbonization projects, as well as material agreements, governance matters, capital-structure updates, share buybacks and operating and financial results.
Unilever North America is investing $15 million in Closed Loop Partners’ Leadership Fund to aid in recycling 60,000 metric tons of U.S. plastic packaging waste annually by 2025. This initiative aligns with Unilever’s goal to collect and process more plastic packaging than it sells by 2025, significantly reducing its plastic footprint. Currently, 59,000 metric tons of Unilever's plastic packaging is post-consumer recycled (PCR). This investment not only supports Unilever’s sustainability commitments but also aims to enhance the supply chain of recycled materials.
Unilever PLC filed its Annual Report on Form 20-F on March 10, 2021, for the fiscal year ending December 31, 2020, with the SEC. This report is available for download on their investor relations website. Unilever, a leader in Beauty & Personal Care and Foods & Refreshment, generated sales of €50.7 billion in 2020 and serves 2.5 billion consumers daily. The company is recognized for its sustainable business practices, being a leader in the Dow Jones Sustainability Index and ranked highly in the GlobeScan/SustainAbility survey.
Dollar Shave Club (DSC), part of Unilever, has launched its largest ad campaign, "We Got You," aimed at addressing real grooming problems men face. The campaign features a series of humorous spots showcasing DSC's innovative products, including the new 6 Blade vs 4 Blade Razor Starter Set. This initiative marks a significant evolution for DSC as it emphasizes its omnichannel presence, making its products available at various retail locations. CEO Jason Goldberger highlighted the brand's commitment to understanding customer needs while promoting its redesigned product line.
The Board of Dollar Shave Club has appointed Jason Goldberger as CEO effective Jan. 19, 2021, succeeding founder Michael Dubin, who transitions to a special advisor role. Goldberger, with extensive leadership experience from companies like Sur La Table and Target, is expected to drive growth as DSC enters its omnichannel era. The leadership change comes at a time when DSC strengthens its product offerings and retail presence, having recently redesigned its brand and expanded into mass retail channels.