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FT.com - Consumer Industries
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FT.com - Consumer Industries
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Unilever goes outside for chief
Unilever broke with a near 80-year tradition of appointing insiders to the helm of the multinational by naming Paul Polman, a highly respected top manager at Nestlé, as chief executive, replacing Patrick Cescau
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Myhome hit after payment demand
Myhome International, the Aim-listed domestic cleaning specialist with more than 900 franchisees, has gone into administration
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'Strategic shift is bringing in outsiders'
For a company used to promoting from within, the appointment of an outsider as chief executive for the first time highlights Unilever's desire for change
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A Dutchman celebrated for great leaps forward
Parachuting is not listed among the hobbies of Paul Polman, the 52-year-old Dutchman appointed Unilever's new chief executive
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Coke offers $2.4bn for China juice maker
Coca-Cola has offered $2.4bn in cash to buy China Huiyuan Juice Group, in what would be the biggest takeover by a foreign company in China
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New blood but no revolution at Unilever
After nearly 80 years, Unilever has broken its unwritten rule and appointed an outsider as chief executive. Paul Polman's arrival at Unilever House in October will be...
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WTO turns down Mexico complaint
A World Trade Organisation panel has failed to uphold most of a European Union complaint against Mexican anti-subsidy duties on imports of EU olive oil but faulted...
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Coke to squeeze more from China
Muhtar Kent, Coca-Cola's new chief executive and president, saw a gap in the array of products Coke is offering in its fourth-biggest market. He is now trying to fill it with a $2.4bn offer for China Huiyuan Juice Group
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Exit from China not always smooth for Danone
France's Danone made a profitable exit from its investment in China Huiyuan Juice Group, selling its 23 per cent stake to Coca-Cola for three times the market price. Not all of Danone's Chinese ventures have gone so smoothly
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Dechra takes dog medicine to US
The veterinary products maker will be marketing its best-selling dog medicine in the US next year, building on its recent expansion into Europe
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InBev may sell Korean arm to secure Anheuser
InBev is weighing up whether to sell its South Korean brewery and certain brands in Germany, among other assets, as it works to cover a bridge loan that will be provided to finance its $52bn takeover of Anheuser-Busch
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Four Seasons in £1.5bn debt breather
One of the UK's leading care home operators, Four Seasons Healthcare, has agreed a standstill with its lenders after failing to make a £1.5bn debt repayment that was due on Monday
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LVMH buys maker of customised yachts
The widening gulf between the haves and the have-yachts has prompted LVMH, the world's biggest luxury goods group, led by Bernard Arnault, to enter an exclusive agreement to buy Royal van Lent, the Dutch builder of Feadship customised motoryachts, which measure 50m or more
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Bakkavör plans to eat up more of the globe
When the Icelandic food group recently presented its plans for expansion to investors, it made its point with the last slide in the show ? a picture of the globe impaled on a fork
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Ramadan refreshes sales of Vimto
The early occurrence of the Muslim holy month this year boosts demand for the UK soft drink, considered a pick-me-up beverage in Saudi Arabia once daytime fasting is over
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