When Unilever agreed to buy Ben & Jerry's in 2000, the consumer giant was looking to acquire not just the small Vermont company's ice-cream operation but also its quirky, do-gooder ethos, which Unilever hoped to inject into its larger corporate culture.
For two decades, it was a happy union. Ben & Jerry's grew into a €1 billion (S$1.42 billion) brand and got to preserve its social mission and independence, while Unilever capitalised on its position as the poster child for the corporate doing-well-by-doing-good movement.
Those days are over. Ben & Jerry's independent board sued Unilever last week, alleging that its parent company broke an agreement by silencing its attempts to speak out in support of Palestinian rights. It's just the latest development in the falling out between the two brands, which began in 2021 when Ben & Jerry's said it would stop doing business in the Israeli-occupied West Bank because it was "inconsistent with our values".
هذه القصة مأخوذة من طبعة November 20, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 20, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
On social media - MOTHER AND SON REUNITED
American pop star Britney Spears (far right) received the best gift over the Christmas season.
19SixtyFive wins bid, space to open in 2025
Kampong Java arts space
Justin Baldoni's ex-publicist sues over alleged Blake Lively smear campaign
A former publicist for actor-director Justin Baldoni filed a lawsuit on Dec 24 that adds a new dimension to an alleged campaign to undermine actress Blake Lively.
Hybe to introduce facial recognition entry at concerts and fan meets in South Korea
Starting in 2025, fans attending performances by Hybe artistes will be able to enter venues using facial recognition technology.
Demand for Japanese content booms post-Shogun
Fuelled in part by the success of TV hit Shogun (2024), foreign studios are hungry for quality Japanese content and local creators are adapting to meet demand.
Perpetual champagnes, built one year at a time
More producers are blending significant portions of their reserve wines together to create a perpetual reserve
Zeekr pursues a premium status
The three-year-old Chinese electric vehicle brand tries to find its place in the world
Not Mission Impossible
Lions believe they can overcome 2-0 deficit against Vietnam in Phu To
30 of the best buys in town
The Straits Times features models across six categories that are worth looking at
Adaptable abode
This BTO flat has pockets of interconnected spaces for various purposes and activities