Ben & Jerry’s sues parent Unilever to block sale of Israeli business

The complaint filed in the U.S. District Court in Manhattan said the sale announced on June 29 threatened to undermine the integrity of the Ben & Jerry’s brand, which Ben & Jerry’s board retained independence to protect when Unilever acquired the company in 2000.

Lawyers for Zinger also did not immediately respond to requests for comment. Last week, Zinger settled his own lawsuit against Ben & Jerry’s for refusing to renew his license. In April 2019, Airbnb reversed a five-month-old decision to stop listing properties in those settlements. Israel condemned the move, and some Jewish groups accused Ben & Jerry’s of anti-Semitism. Some investors, including at least seven U.S. states, divested their Unilever holdings.

Either way, sales have tanked.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada surveys The Bank of Canada will release its business outlook survey and its Canadian survey of consumer expectations on Monday. The reports come ahead of the central bank's next interest rate decision and monetary policy report set for July 13, when it is expected to raise its key interest rate target again. Home sales Home sales figures for some of Canada's largest cities are expected this week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »