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Period: September 20, 2017 to October 2, 2017
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends

P&G's Ex-CEO Opposes Activist Investor's Election To Board Of Directors

Procter & Gamble Co.'s former CEO A.G. Lafley said shareholders should not elect activist investor Nelson Peltz to the company's board of directors. According to Lafley, Peltz's proposal to reorganize the company, which includes turning P&G into a holding company, would be a “huge step backward” and a mistake. Peltz, who has acquired $3.5-billion worth of stock in P&G, said he wants to cut the company's corporate employees by 90 percent. Peltz is the CEO of hedge fund company Trian Fund Management, which has a history of purchasing a large stake in a company, securing a board seat, and pushing for company reorganization in order to raise the stock price.

"EXCLUSIVE: Former P&G CEO Lafley says activist investor is ‘just plain wrong’", Cincinnati Business Courier , September 28, 2017

Procter & Gamble Makes Advertising More Accessible For Blind People

Procter & Gamble has changed its advertising to expand diversity and inclusivity. Described by the company as an ongoing process, the changes include making most of its advertisements consumable by blind people. Sam Latif, a consultant and leader of the company's people with disabilities affinity group, has been a driving force for P&G's efforts to make its advertising more accessible for people with disabilities.

"P&G rethinks advertising to make it more accessible", Centaur Communications Ltd, September 28, 2017

Wal-Mart Aims For High-End Market With

Wal-Mart Stores Inc. is repositioning its Jet ecommerce unit toward the high-end market, as part of the retailer's efforts to compete with online rival Amazon. Acquired by Wal-Mart for $3.3 billion in 2016, Jet plans to sell apparel from online retailers bought by the retail giant in the previous year. Also, Jet plans to introduce a new line of private-label food and grocery items.

"Wal-Mart Tries to Take Upscale", The Wall Street Journal, September 28, 2017

Unilever Indonesia Launches Body Moisturizer For Hijab-Wearing Women

Unilever launched the Pureline Hijab Fresh, a body moisturizer designed for Muslim women who wear hijabs in Indonesia. According to Unilever Indonesia VP for personal care, Ira Noviarti, there are at least 20 million women who wear hijabs in the country. Muslim women who wear hijabs account for 68 percent of total sales of fast-moving consumer goods in the country, Noviarti added.

"Unilever Indonesia expands beauty products for Muslim women", Nikkei, September 27, 2017

Unilever Joins Better Than Cash Alliance's Push For Digital Finance

Unilever announced a collaboration with the UN-based group Better Than Cash Alliance, which promotes digital payment as a means of supporting women and smallholder farmers. Part of Unilever's Sustainable Living Plan, the consumer goods company's deal with the organization signals its commitment to move away from cash as a payment platform for its value chain. According to Better Than Cash Alliance, digital modes of repaying loans have enabled farmers to reduce payment losses and collections costs, as well as “improved transparency and efficiency.”

"Unilever Joins Better Than Cash Alliance, Embraces Digital Finance Across Value Chain", Sustainable Brands, September 26, 2017

Marketing & Advertising  

Unilever Denies KJU Perfumed By Lux Shower Gels Named After North Korean Leader

Unilever has denied that the initials “KJU” from the brand KJU Perfumed by Lux of shower gels designed for the China market stand for Kim Jong Un, North Korea's leader. According to the company's head of personal care business, Alan Jope, the company realized there was an issue with the initials only after they had trademarked it.

"New 'KJU' Shower Gel Not Named After Kim Jong Un, Insists Unilever", Bloomberg, September 28, 2017

P&G rethinks advertising to make it more accessible

Centaur Communications Ltd, September 28, 2017

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