The divestiture comes as the CPG company prioritizes fewer, bigger brands to spur growth. It’s expected to divest its ice ...

Ice Cream was ‘a clear outlier’ in Unilever’s portfolio, according to the new chief executive who is seeking to accelerate the company’s growth plans ...

Unilever has found a buyer for The Vegetarian Butcher as it continues a brutal €1bn food brand clear out under new CEO Fernando Fernandez. The sale to JBS-owned and Netherlands-based Vivera comes ...

published on Unilever’s website late Monday, the CEO said there are about 1 billion euros ($1.08 billion) of local brands in its foods Europe division that “don’t fit well” with the ...

Unilever will speed up the sale of its underperforming labels and focus on its 30 power brands, according to its chief executive. Fernando Fernandez said the FTSE-100 company would act at a ...

NEW YORK (Reuters) - Big Food's worst nightmare is unfolding across U.S. supermarket aisles. Shoppers, weary of high prices and highly-processed packaged food, are increasingly buying from smaller ...

So the boss continues to see the benefit of pushing budget into this area. Which Unilever brands will get influencer budget? He made it very clear which markets would receive the biggest pots of money ...

Unilever is selling The Vegetarian Butcher, a plant-based offering, to Vivera for an undisclosed amount. Vivera, a plant-based food brand sold in Europe, is owned by meat processing company JBS.

Unilever's new Chief Executive Officer Fernando Fernandez expects to accelerate the company's turnaround plans by selling a number of underperforming brands in the food segment. In a fireside chat ...