Unilever is moving forward with plans to spin off its ice cream business and launch an IPO in Amsterdam by 2025, with potential secondary listings in London and New York.

The division, which generated €8.3bn in sales last year and holds a 20% global market share, could be valued at up to £15bn. Unilever aims to streamline its focus on higher-growth segments such as beauty and health.

Huda Beauty is redefining its future with the sale of its fragrance brand, KAYALI, to co-founder Mona Kattan and private equity firm General Atlantic.

This strategic move paves the way for Huda Beauty to regain full founder ownership, marking a rare milestone in the beauty industry.

Founded in 2018 by Mona Kattan under the Huda Beauty umbrella, KAYALI has quickly established itself as a powerhouse in luxury fragrance, celebrated for its bold scent layering philosophy. 

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Gordon Ramsay is merging his UK and US restaurant businesses into a single global entity, bringing fresh private equity backing from Lion Capital to drive international expansion.

The restructuring will consolidate all of Ramsay’s restaurant operations under Gordon Ramsay Restaurants, in which he and Lion Capital will each hold a 50% stake. The newly unified company will have its own executive management team and board of directors based in London.