The public-private partnership follows a meeting in June between Unilever’s chief sustainability officer Rebecca Marmot, USAID administrator Samantha Power, EY global vice chalir, sustainability, Amy Brachio, and Sens. Dan Sullivan, R-AK, and Sheldon Whitehouse, D-RI, to discuss the impetus for the CIRCLE Alliance and Unilever’s experience to date implementing its plastics strategy.
Unilever PLC has entered a $21m public-private partnership with US Agency for International Development (USAID) and consulting firm Ernst & Young Global Limited to promote extended producer responsibility (EPR) programs within developing countries.
The London-based company announced 23 August the creation of the CIRCLE (Catalyzing Inclusive, Resilient, and Circular Local Economies) Alliance, an effort that will initially target India, Indonesia, Vietnam and the Phillippines before expanding
Coty lowers its revenue and profit outlook for FY25, though it believes FY26 will be a better year thanks to a return of ‘blockbuster’ product launches, market expansion and mitigation strategies for current economic uncertainties.
The Estee Lauder Companies reported a 10% drop in reported sales during its fiscal third quarter presentation on a 28% decline in travel retail organic sales. The firm, which lowered its FY 2025 sales expectations, says it expects positive growth in FY 2026.
Coty’s ‘All-in to Win’ program enters the next phase, which sets aggressive savings over the next two years in part by simplifying and scaling its operating model, in addition to boosting its innovation impact.
