Skip to content
Search

Latest Stories

Unilever Appoints Beauty Head Alan Jope As New CEO

Anglo Dutch consumer goods giant, Unilever said on Thursday (29) that its CEO Paul Polman will retire from the company.

Alan Jope, currently president, beauty and personal care, has been appointed to the position with effective January 1, 2019, with Polman supporting the transition process during the first half of the year.


Paul Polman has been Unilever CEO for over 10 years and has worked in the consumer goods industry for almost four decades. During his tenure, the company has delivered consistent top and bottom line growth ahead of its markets, the company said in a release.

Alan Jope (54), has led beauty and personal care, Unilever’s largest division, since 2014 and has been on the company’s leadership executive since 2011. He led Unilever’s business in both developed and emerging markets. Alan joined the company as a graduate marketing trainee in 1985.

Alan Jope said, “it will be a huge privilege to lead Unilever, a truly global company full of talented people, and brilliant brands. Over the 30 years I have worked at Unilever, I have seen the many ways in which our brands improve people’s lives, positively impacting more than two billion citizens every day.”

Polman will retire as CEO and as a board member on December 31, 2018. He will support the transition process in the first half of 2019 and will leave the company in early July.

A successor to the role of president, beauty and personal care will be announced shortly, Unilever said in a statement.

CEO Paul Polman’s is retiring less than 60 days after a damaging issue with stakeholders.

Polman’s retirement comes after the manufacturer of Dove soap and Ben&Jerry’s ice cream was pressured to stop a plan to change the firm’s headquarters to the Netherlands in October, following a stakeholder protest.

More For You

Uber

Takeaway apps have become a source of employment for undocumented migrants

Getty Images

Uber warns UK food delivery costs could rise amid crackdown on illegal migration

Highlights:

  • Uber warns Home Office rules targeting illegal gig economy workers could increase takeaway delivery costs in the UK.
  • Undocumented migrants have historically used food delivery apps for work, exploiting limited right-to-work checks.
  • Companies like Uber Eats, Deliveroo, and Just Eat have introduced stricter checks, including facial recognition and document verification.
  • Compliance and administrative costs have contributed to a fall in Uber UK profits despite rising revenues.
  • Government enforcement includes thousands of interviews and hundreds of arrests for suspected illegal working.


Uber’s UK accounts at Companies House welcomed the Home Office’s efforts to deter migrants and people smugglers from risking Channel crossings. However, the company cautioned that “new legislative requirements could have an adverse impact on our business, including expenses necessary to comply with such laws and regulations.”

Takeaway apps have become a source of employment for undocumented migrants, attracted by historically limited right-to-work checks. Delivery riders have sometimes sold or rented their accounts on social media to “substitutes” who may be working illegally.

Keep ReadingShow less
Co-op and Bestway strike new deal to back independent retailers

Dawood Pervez (L), managing director at Bestway Wholesale and Katie Secretan, managing director of Co-op Wholesale

Co-op and Bestway strike new deal to back independent retailers

A NEW partnership has been formed between Co-op Wholesale and Costcutter Supermarkets Group (CSG) to support independent retailers across the UK.

Goes beyond the standard supply deal, it aims to bring the combined expertise and resources of both businesses together, helping local retailers compete in an increasingly tough convenience market, a statement said on Thursday (4).

Keep ReadingShow less
Nirmala Sitharaman

India's finance minister Nirmala Sitharaman said the Goods and Services Tax (GST) structure would be simplified from four slabs to two, with reductions across several sectors. (Photo: Getty Images)

India cuts consumption taxes, simplifies structure into two slabs

INDIA announced a major cut in consumption taxes on Wednesday, days after the United States imposed steep tariffs on Indian goods.

India's finance minister Nirmala Sitharaman said the Goods and Services Tax (GST) structure would be simplified from four slabs to two, with reductions across several sectors. In some cases, levies have been reduced by more than half.

Keep ReadingShow less
Jio Platforms

Jio Platforms includes India’s largest telecom operator, Reliance Jio Infocomm, with more than 500 million users. (Photo: Reuters)

Reuters

Jio IPO planned for mid-2026, AI unit announced with Meta and Google

RELIANCE Industries plans to take its telecom and digital arm, Jio Platforms, public by mid-2026, chairman Mukesh Ambani said on Friday. The announcement sets a new timeline for the long-awaited IPO of a business analysts value at over $100 billion.

At its annual general meeting (AGM), Reliance also announced the launch of an artificial intelligence unit in partnership with Google and Meta.

Keep ReadingShow less
Asda tech overhaul

Asda sales fell 0.2 per cent in the three months to June 30, 2025 (AFP via Getty Images)

AFP via Getty Images

Asda boss hails tech overhaul as key to revival despite sales slump

THE chairman of Asda has admitted the supermarket chain still faces challenges after sales slipped again over the summer, but said the completion of a major IT overhaul was crucial for its recovery.

Allan Leighton told the Times that the long-delayed technology project, called Project Future, had finally been finished after years of setbacks and costs exceeding £1 billion. The work involved separating more than 2,500 systems inherited from former owner Walmart, following Asda’s 2021 takeover by TDR Capital.

Keep ReadingShow less