Unilever PLC on Wednesday effectively abandoned its plans to buy GlaxoSmithKline's consumer healthcare business, saying on Wednesday that it would not raise a 50 billion pound offer that GSK previously rejected.
More than a year after launching CBD gummies and capsules, famous American businesswoman Martha Stewart is continuing to bet on the substance with her first body care products based on the cannabis ingredient.
British Prime Minister Boris Johnson announced the end of Covid-19 measures introduced to curb the rapid spread of the Omicron variant in England as he looks to live with the virus after a peak in cases.
The Body Shop has named an executive from Estée Lauder — Maddie Smith — as its UK and Ireland chief, as well as boosting its leadership team further with a new executive role for current UK/Ireland MD Linda Campbell.
Burberry’s full-price sales continued to grow in double-digits compared with two years ago in the 13 weeks to December 25, underlining the ongoing recovery both at the company and in the luxury sector as a whole.
Fashion brands overstating their environmental credentials had better watch out. The UK’s Competition and Markets Authority (CMA) is cracking down on businesses that make misleading sustainability claims.
The bid for GSK's assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets, where it derives 60% of its revenues.
Kesslers International has been saved. The East London-based retail display specialist has been bought out of administration by Manchester-based GB Sign Solutions, part of the PFI Group, for an undisclosed sum.