April 28, 2001 |
Anglo-Dutch consumer products giant Unilever said it will slash 8,000 more jobs and close 30 plants as it integrates recently acquired Bestfoods into its operations. In addition, Unilever, the company behind such household names as Dove soap, Lipton tea, Vaseline and Pepsodent, reported a 4% decline in first-quarter operating profit to about $625 million, slightly better than analysts' forecasts. Revenue rose 20% to $17.6 billion.
April 14, 2011 |
In the week and a half since the Chinese government detained artist Ai Weiwei on suspicion of "economic crimes," Western governments and the global arts community have condemned China's repression of free speech. Regular Americans, too, should care about China's habit of stifling information that it doesn't like to hear. China is applying the same habit to another type of speech, economic speech. And the results could hit Americans more directly — in the pocketbook. When China's arrest of Ai on April 3 at the Beijing airport became public, it made news in the West.
November 24, 2004 |
"Sex and the City" star Sarah Jessica Parker's fashion sense raised the ire of some Israelis who demanded that billboards featuring the actress in a skimpy dress be covered up. Photos of Parker lying in a skin-revealing, spaghetti-strap gown were pasted on billboards across Israel promoting Lux soap. But ultra-Orthodox Jews took offense at the sight of her arms, back, shoulders and thigh.
October 24, 2002 |
Dreyer's Grand Ice Cream Inc., the nation's largest ice cream company, said Wednesday that third-quarter net income surged 71% as it distributed more ice cream for competitors and paid less for ingredients. The Oakland-based company, which is being acquired by Nestle's Glendale-based Nestle Holdings division, said it earned $10.33 million, or 27 cents a share, for the three months ended Sept. 28, up from $6.05 million, or 17 cents, a year earlier. Sales rose 6.1% to $383.6 million from $361.
August 5, 2000 |
Consumer goods giant Unilever said second-quarter earnings rose 7% to about $695 million, on a 3% increase in sales to $9.86 billion, bolstered by the acquisitions of Ben & Jerry's ice cream and SlimFast diet foods. The Dutch company, whose many brands include Bestfoods, Lipton, Dove and Elizabeth Arden, also said it will realign management into two global divisions, one for food and one for soaps and household products.
January 11, 1989 |
Faberge Inc. said Tuesday it is in preliminary talks to sell its toiletries, cosmetics and fragrances businesses to consumer products giant Unilever NV, a deal that analysts said would be worth more than $1 billion. New York-based Faberge, owned by the E-II Holdings Inc., makes various cosmetic products, including Aquanet hair spray, Babe perfume and Brut cologne. The company, with $1.1 billion in 1987 sales, also owns Elizabeth Arden cosmetics, which is included in the deal.