Unilever’s tea segment has seen growth in emerging markets and its premium herbal brand Pukka has performed well, according to the company, which said it has the world’s biggest tea business.

Unilever sold its global tea business Ekaterra, including its popular Lipton tea brand, to CVC Capital Partners Fund VIII for $5.07 billion. The unit generated approximately $2.5 billion in 2020 ...

Unilever and PepsiCo teamed up in 2015 to distribute Lipton Sparkling Iced Tea in flavors like peach and lemonade and sales volume fell by 1 percent to 6 percent for its household brands like Coke ...

Starbucks is selling its Tazo tea brand to Unilever for $384 million. The company said it plans to focus its tea efforts on its Teavana brand, though it's closing its mall-based Teavana stores.

LONDON—Unilever PLCUL-1.54%decrease; red down pointing triangle has agreed to sell the bulk of its tea business to CVC Capital Partners for €4.5 billion, equivalent to more than $5 billion ...

Unilever’s $384 million deal to buy Tazo tea from Starbucks is its biggest move yet in a pivot from slower growing black tea toward higher-growth brands it hopes will help it foster more ...

Unilever is increasingly open to an IPO for its tea brands, CEO Alan Jope said last week. The company is looking to focus only on high-growth areas, like plant-based foods and beauty.

Unilever is exploring a sale of its healthy snack brand Graze, as the consumer group’s new chief presses ahead with plans to ...

Unilever wants to sell brands worth €1 billion in sales collectively to trim the fat, reports say. Story by Prarthana Prakash ... as it did so with its spreads and tea segments, too.

Starbucks is reporting disappointing sales growth at its coffee shops around the world and says it will sell its Tazo tea brand to Unilever for $384 million. Shares of Starbucks Corp.(SBUX) fell 6 ...

Unilever has been on a soul-searching mission for over a year as it streamlines its business to focus on its power brands, slashes jobs, and spins off units. To trim the fat further, the London ...