Meanwhile, the Group started discussions with Euronext in order to change its market of reference from Euronext Amsterdam to Euronext Paris as part of an initiative to simplify its structure, given the limited trading activity in that market.
If the deal goes through, it would be at a discount of around 90% to the initial public offering price of 295p roughly 18 months ago.
Wolverine Worldwide and Designer Brands have signed an exclusive licensing agreement for Hush Puppies branded footwear in the US and Canada.
COVID-19 pandemic has reshaped people’s perceptions of health, with more focus on introspection, science, and being more eco-friendly by caring more about their surroundings and earth and seeking meaningful, effective health solutions.
Nanjing is one of the few cities in China where you can find landscape scenery within the urban landscape, and Jinling STYLE is located between mountains and the water, facing one of the four famous mountains in the south of the Yangtze River, the Zijin Mountain, with Xuanwu Lake at the back, and close to the Gangzicun Station on Metro Line Four.
For the full fiscal year 2022, reported net sales were $12.44 billion, showing an increase of 7% compared to the prior year period. On a comparable basis, currency-neutral sales increased by 9%, with growth achieved across all divisions, led by double-digit increases in Nourish and Pharma.
In Full Year, sales increased by 18.5% to €38.26 billion reportedly and by 10.9% on a LFL basis. In Q4, sales rose 13.5% reportedly to €10.32 billion and 8.1% on a LFL basis.
For the full fiscal 2022, Unilever’s turnover jumped 14.5% to €60.1 billion and underlying sales growth reached 9%. GAAP operating profit surged 24% compared to 2021 to hit €10.8 billion.
During the reporting period, the group also initiated a stock buyback plan, repurchasing approximately 5.7 million common shares for approximately $300 million in the open market.
The first collection of the brand will be available for purchase through the official website PhoebePhilo.com, which will open for registration in July of this year.
