Keyword: unilever
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Multinational conglomerate Unilever, the owner of some 400 brands, announced Tuesday it is spinning off its ice cream business — including major names like Ben & Jerry's, Breyers, Magnum, Popsicle and Klondike — after more than a century. The consumer goods giant said the move is part of a growth strategy to create a leaner business. At the same time, by shedding Ben & Jerry's, Unilever is ridding itself of a longtime headache. Since its founding in 1978, Ben & Jerry's has been known for its left-leaning advocacy, and the Vermont-based ice cream maker was able to maintain an independent...
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SNIP ASML declined to comment on Wednesday. However, Wennink spoke at an event in The Hague and said he was concerned the business climate in the Netherlands was worsening. "Some of these elements that made us a great company, those elements are under pressure," he said, citing increasing regulation and a plan to scrap a tax break given to highly skilled immigrants. POTENTIAL CURBS ON FOREIGN STUDENTS Around 40% of ASML's 23,000 employees in the Netherlands are not Dutch. Europe's largest tech company sources parts from around the globe but currently assembles its machines in Veldhoven, Netherlands before shipping them...
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A GoFundMe has been launched to help make a divisive BLM activist hired by Dove as its 'fat pride' spokeswoman feel 'safe' and 'protected'. Zyahna Bryant's cousin Erica Chapman created the virtual begging bowl after Bryant was slammed online for ruining a white student's life over a remark the 22 year-old activist admits she may have 'misheard.' Chapman said she wants to make Bryant feel 'safe' and 'protected,' writing: 'My cousin Zyahna has passionately and courageously supported important social issues since she was 12 years old Sadly, in today's national climate with so many angry, violent and unpredictable people, being...
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We don’t just learn that corporations are broken and that Americans have had enough. We also see the societal inversion they seek. Dove went woke 20 years ago, but it doubled down by hiring BLM and “fat liberation activist” Zyahna Bryant. Bryant made a name for herself in 2020 with her damaging, race-based attacks on Morgan Bettinger. For that reason, there’s a growing Boycott against Dove. Bryant’s Dove video, however, is a useful insight into America’s societal collapse. Dove, founded in 1957 in America but now part of the British brand, Unilever, grew on its promise that it won’t dry...
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Furious conservatives have begun boycotting Dove after the soap brand hired a Black Lives Matter activist notorious for destroying a white student's life over a remark she later admitted she may have 'misheard.' Carole Thorpe, from Charlottesville in Virginia, shared a snap of three bars of Dove soap tossed in the trash on learning the Unilever-owned brand had joined forces with Zyahna Bryant to push a 'fat liberation' campaign. Sharing her horror at news of Bryant's glitzy Dove gig, Thorpe wrote: 'After hearing that Dove Beauty chose Zyahna Bryant -who ruined Morgan Bettinger's life - for their 'fat acceptance ambassador,'...
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Unilever, the parent company of Ben & Jerry’s, lost billions in market cap after the ice cream brand celebrated July 4th with an unpatriotic tweet about American history. Unilever’s share price went from $52.32 per share to $51.37 per share, erasing an estimated $2.5 billion in market cap as social media users called for a boycott, according to Google finance data. The packaged goods conglomerate saw its market cap drop from roughly $133 billion to $131 billion because its share price. Ben & Jerry’s marked July 4th by tweeting that “the US exists on stolen Indigenous land.” It also included...
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South Dakota Governor Kristi Noem laid into uber-woke ice cream brand Ben & Jerry's over the company's infamous July 4th tweet in which it called for Mount Rushmore to be returned to Native Americans. Noem, a Republican, called the Ben & Jerry's bosses a 'bunch of liberal Vermont businessmen' who 'haven't studied our history' and think that they 'know everything about this country,' during an interview with Fox News on Thursday. The governor went on to call Mount Rushmore 'the greatest symbol of our freedom.' Since sending out the message on Tuesday, Unilever, which has owned Ben & Jerry's since...
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Ben & Jerry’s parent company has lost roughly $2.5 billion in market cap amid calls to boycott the Vermont-based ice cream maker over a July 4 tweet condemning the US for existing on “stolen Indigenous land.” Shares of Unilever, the Anglo-Dutch multinational firm, slid as much as 1% at Thursday’s opening bell after closing down .5% the previous day. The company’s stock price has fallen to roughly $51 after closing at $52.28 during Monday’s shortened trading — and the day before Ben & Jerry’s posted its unpatriotic tweet. The result has seen its market cap drop to $131 billion from...
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Unilever is a £100 billion company, one of the biggest beasts on the London stock market ... But have its bosses gone off their trolley in their mania for 'woke' values? Terry Smith, a leading fund manager and long-term shareholder in Unilever, thinks so. He used his annual letter to his own investors as the forum for an extraordinary broadside at the company's top executives, accusing them of having 'lost the plot'. ... Critics have been uneasy for several years about Unilever's politically correct antics. At times, its posturing would have seemed more at home in an undergraduate common room...
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Looks like Ben & Jerry’s ice cream couldn’t stand up to the heat: Its misguided anti-Israel boycott is finally melting away, thanks to a new arrangement by B&J’s parent company Unilever. The leftist dessert brand will now be sold throughout Israel and the West Bank under its Hebrew and Arabic names — effectively ending the boycott the company imposed on Israeli towns in the West Bank and parts of East Jerusalem in July 2021. That move prompted heavy criticism from American consumers and led several states to implement sanctions — with one stockholder even suing Unilever. Now, after consultations with...
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Ben & Jerry's is suing its parent company in an attempt to cancel the sale of its business in Israel to a local partner that would continue to distribute its products in the West Bank. The ice cream maker filed a complaint in the US District Court in New York, where it sought an injunction against Unilever (UL) "to protect the brand and social integrity Ben & Jerry's has spent decades building." Ben & Jerry's has been doing business in Israel since 1987, but in recent years it had come under pressure for selling in West Bank settlements, considered illegal...
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An agreement signed with Unilever Global stipulates that Ben & Jerry's franchisee in Israel can continue to sell ice cream all over Israel, including in Judea and Samaria - Foreign Minister Yair Lapid and Economy Minister Orna Barbibai welcomed the decision: "An important value victory against discrimination and anti-Semitism at the heart of the boycott campaign on Israel" - CEO of Israel Avi Singer:" It was a long and complex struggle, crossing borders and sectors."
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Unilever distances itself from BDS, announces new deal to allow sale of Ben & Jerry’s ice cream to Israelis in Judea and Samaria. British consumer goods giant Unilever announced Wednesday the end of an anti-Israel ice cream boycott that drew heavy criticism, triggered sanctions by some US states, and even provoked a lawsuit.
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Unilever PLC said it will stop its advertising and media spending in Russia, as well as suspending all imports and exports of its products into and out of the country. “We will not invest any further capital into the country nor will we profit from our presence in Russia,” Chief Executive Alan Jope said in a statement. The company doesn’t break out its earnings in the region. Kraft Heinz Co. separately said it is suspending all new investments in Russia, as well as all exports and imports of Kraft Heinz products into and out of Russia. Kraft Heinz sells ketchup...
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Ben & Jerry’s brought in vocal Israel critic and anti-Zionist author Peter Beinart to talk to its store owners about Israel’s "illegal occupation" earlier this week, after franchisees raised concerns about the company’s boycott of the Jewish state. On the conference call with Ben & Jerry’s franchisees and store managers, Beinart argued that Israel is illegally occupying territory that it seized from Jordan in an offensive war in 1967 and claimed that the Jewish state sends soldiers into Palestinian villages to abduct minors, according to a source familiar with the content of the call. The company’s decision to invite Beinart—an...
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The CEO of multinational conglomerate Unilever, parent company of Ben & Jerry's, struggled to renounce the ice cream maker's anti-Semitism during a conference call with investors on Thursday. "Unilever remains fully committed to our business in Israel," CEO Alan Jope said in response to critics of Ben & Jerry's inflammatory decision to stop selling its products in the West Bank and East Jerusalem. "I can assure you it is not our intent to regularly visit matters of this, where sensitivity has been a long-standing issue for Ben & Jerry's." Sensitivity indeed. Earlier this week, the firm that became an international...
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Texas may withdraw its investments from Ben & Jerry’s parent company Unilever, after the ice cream company decided to boycott Judea and Samaria, Texas State Comptroller Glenn Hegar announced on Thursday. Hegar said he directed his staff to determine whether Ben & Jerry’s or Unilever took any action that would trigger his state’s anti-boycott law.Texas’ pension fund amounts to over $100 million, according to Bloomberg, and Unilever is included in its portfolio. Texas Government Code Chapter 808 prohibits the government from investing its pension fund in any party that boycotts Israel. It defines “boycott Israel” as “refusing to deal with,...
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On Monday morning, July 19, 2021, Ben and Jerry’s Ice Cream posted a statement on their website announcing that their ice cream would no longer be sold in the “occupied palestinian territory” or OPT. This was a shock, for many, for a number of reasons, first among them being that people think of Ben and Jerry’s as a Jewish business, since, after all, its founders were Jewish. Only after careful consideration did people put two and two together, realizing that Ben & Jerry’s was bought, sometime ago, by Unilever, a Britain-based conglomerate. BEN & JERRY'S ICE CREAM The first error,...
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The beauty and personal-care company Unilever said on Tuesday that it would no longer use the word “normal” on its products and in its advertising, following a study that revealed it makes most people feel excluded. Unilever, a London-based company that owns Dove, Axe, Sunsilk and Vaseline, among other personal-care brands, also said it would not digitally alter the body shape, size and skin color of models in its advertising as part of its Positive Beauty initiative, according to a news release. And the company promised to increase the number of ads featuring underrepresented people, without specifying which groups.
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Consumer goods conglomerate Unilever said Tuesday it will no longer use the word “normal” to advertise and package its beauty and personal care products and will ban the excessive photoshopping of models as part of its inclusivity policy. The company, which owns skincare brands like Dove and Simple and haircare brands like TreSemme and TIGI, said the word “normal” will be removed from the packaging of at least 200 products within a year. It also said it will increase the number of advertisements featuring people from diverse groups, and that it will not “digitally alter a person’s body shape, size,...
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