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Unilever’s tea segment has seen growth in emerging markets and its premium herbal brand Pukka has performed well, according to the company, which said it has the world’s biggest tea business.
Starbucks is selling its Tazo tea brand to Unilever for $384 million. The company said it plans to focus its tea efforts on its Teavana brand, though it's closing its mall-based Teavana stores.
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Unilever wants to sell brands worth €1 billion in sales collectively to trim the fat, reports say - MSNUnilever wants to sell brands worth €1 billion in sales collectively to trim the fat, reports say. Story by Prarthana Prakash ... as it did so with its spreads and tea segments, too.
LONDON—Unilever PLCUL-0.92%decrease; red down pointing triangle has agreed to sell the bulk of its tea business to CVC Capital Partners for €4.5 billion, equivalent to more than $5 billion ...
Unilever is increasingly open to an IPO for its tea brands, CEO Alan Jope said last week. The company is looking to focus only on high-growth areas, like plant-based foods and beauty.
Unilever’s $384 million deal to buy Tazo tea from Starbucks is its biggest move yet in a pivot from slower growing black tea toward higher-growth brands it hopes will help it foster more ...
Unilever is exploring a sale of its healthy snack brand Graze, as the consumer group’s new chief presses ahead with plans to ...
TAZO® is a leading brand in the fast-growing specialty tea category. Unilever to Acquire TAZO® Brand from Starbucks November 02, 2017 04:03 PM Eastern Daylight Time ...
Unilever and PepsiCo teamed up in 2015 to distribute Lipton Sparkling Iced Tea in flavors like peach and lemonade and sales volume fell by 1 percent to 6 percent for its household brands like Coke ...
Unilever Plc on Monday denied that its tea business was up for sale, following reports over the weekend that the consumer goods giant was looking to unload the division that sells PG Tips and ...
Unilever considers selling tea brands as UK hot tea sales are on a downward trend - News-Medical.net
Following on from the recent news (30th Jan 2020) of Unilever looking to sell their PG Tips and Lipton brands, Arian Bassari, Consumer Analyst at GlobalData, a leading data analytics company ...
Unilever has been on a soul-searching mission for over a year as it streamlines its business to focus on its power brands, slashes jobs, and spins off units. To trim the fat further, the London ...
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