THE WHAT? L’Oreal’s shares declined by 5.5% following a report of lower-than-expected sales, with a 6.9% increase in fourth-quarter sales totaling 10.6 billion euros, missing the expected 10.9 billion euros….
THE WHAT? Unilever launched a €1.5 billion share buyback program as it reported volume growth for the first time in ten quarters. THE DETAILS The company’s full-year underlying operating profit…
THE WHAT? L’Occitane has filed a lawsuit in a California federal court against the U.S. law firm Zimmerman Reed. THE DETAILS The lawsuit accuses Zimmerman Reed of “manufacturing” mass arbitration…
THE WHAT? Ahead of Unilever’s results announcement this week, Greenpeace has erected an enormous sign above the UK-based FMCG giant’s HQ reading ‘Profit Warning – Plastic Polluted Money’. Activists from…
THE WHAT? L’Oreal has announced Ezgi Barcenas as Chief Corporate Responsibility Officer. Barcenas replaces Alexandra Palt who is stepping down, effective April 1. THE DETAILS According to a report published…