Unilever names Jope’s replacement as CEO
Unilever has named its next CEO. The UK-based FMCG giant will be headed up by Hein Schumacher, effective July 1, 2023 after a month-long handover period with outgoing CEO Alan Jope who announced his intention to retire in September, 2022.
UK’s Competition and Markets Authority to review environmental claims
The UK’s Competition and Markets Authority (CMA) has announced a review of the environmental claims made by manufacturers of food, drink, cleaning products, toiletries and personal care items, according to a report published by Reuters.
Kolmar Korea to break ground on new high-tech plant
Kolmar Korea is set to break ground on a new AI-powered manufacturing facility in Sejong, South Korea, in a matter of months, according to a report published by Pulse News.
European Citizens’ Initiative to save animal testing ban gains 1.2 million signatures
The Save Cruelty Fee Cosmetics – Commit to a Europe Without Animal Testing European Citizens’ Initiative has garnered some 1.2 million expressions of support from EU citizens, comfortably over the 1 million required.
US FDA moves to regulate CBD-based products
The US Food and Drug Administration (FDA) is seeking new powers from Congress to regulate the CBD industry, according to a report published by The Wall Street Journal.
LVMH FY2022: revenue hits new records and profit soars 23 percent
LVMH has announced its results for the 2022 financial year. The luxury goods conglomerate saw revenue rise 23 percent to a record €79.2 billion and profit leap 23 percent to €21.1 billion.
Amazon debuts air freight service in India
Amazon is now offering a logistics service in the all-important Indian market. The e-commerce behemoth has partnered with Quikjet Cargo Airlines and will use its Boeing 737-800 aircraft to deliver to cities across the country such as Mumbai, Hyderabad, Delhi and Bengaluru, according to a report published by Nikkei Asia.
P&G to open central distribution center for Europe in Greece
Procter & Gamble is expanding its logistics heft in Europe with the opening of a supply chain and logistics hub in Greece serving the European market, according to a report published by Hellenic News.
Univar Solutions snaps up Kale Kimya
Univar Solutions has announced that it has signed an agreement to acquire Turkish specialty chemicals distributor, Kale Kimya.
Revolution Beauty names President for US market
Revolution Beauty has announced the promotion of Sara Staniford to the role of President of Revolution Beauty, USA. Staniford will make the leap from Group Retail Director of Revolution Beauty London.
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