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 ...

Unilever’s tea party may be winding down. The consumer goods giant has kicked off a “strategic review” of its global tea business that could lead to the sale of famous brands such as Lipton ...

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 ...

LONDON—Unilever PLCUL-0.03%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 ...

The world’s largest maker of tea is exploring the sale of its tea business. Unilever, which owns Lipton and several smaller brands like PG Tips, has struggled for years to revive sales of black tea.

A string of social media posts from Lipton Ice Tea joking that the brand’s signature drink had been discontinued have been ruled misleading by the Advertising Standards Authority (ASA). In March, the ...

Lipton Ice Tea posted a series of social media posts in March claiming that their peach flavour had been discontinued, with ...

Unilever's plan to split its tea operations has raised questions among analysts about how it will handle Lipton tea, a major brand that straddles both parts of the business. The consumer goods ...

Unilever Plc’s Lipton Ltd. was the biggest purchaser of African tea last year, according to Africa Tea Brokers Ltd. The company bought 59.53 million kilograms (131 million pounds) at weekly ...

SAN FRANCISCO (MarketWatch) -- Advertising agency DDB Worldwide, a unit of Omnicom Group Inc. , said Tuesday it has been awarded Unilever Plc's Lipton Tea business. DDB said it will now handle all ...

Lipton is no longer the life of the tea party. Unilever is considering the sale of its tea operations after years of lukewarm growth as consumers brew less black tea in favor of varieties like ...