The nation's favorite chocolate is ‘disappointed' as Britain's King Charles strips Cadbury of its royal warrant—for the first time in 170 years [Fortune]
Unilever PLC (UL)
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Source: Fortune
Campaign group B4Ukraine earlier this year urged the king to remove companies “still operating in Russia” following its invasion of Ukraine. It singled out Mondelez International which owns Cadbury as well as Bacardi, Nestle and Unilever, the maker of the UK's hate-it-or-love-it breakfast spread, Marmite. Cadbury was among 100 firms including Unilever missing from a new list of 386 royal warrant holders, although Bacardi and Nestle retained their warrants. Not all those absent from the latest list, published by the Royal Warrant Holders Association, were necessarily actively removed, and instead may have ceased trading or not applied. The review of royal warrants follows Charles' accession to the throne in September 2022 on the death of his mother Queen Elizabeth II. Warrant holders receive “the right to display the appropriate royal arms on their product, packaging, stationery, advertising, premises and vehicles”. It is regarded as a guarantee of quality and can sway som
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