1/2 Price All Nivea Mens, Skincare & Suncare (Excludes Clearance & EveryDay), Hask Haircare @ Coles

Related Stores

Coles

• 

  Mr BoMBAStiG on 16/10/2019 - 16:22

  Nivea has been spectacularly dumped by its own advertising agency and accused of homophobia after a company executive allegedly rejected an ad pitch saying, “We don’t do gay”.

  Nivea then handled this well, said they didn't want to comment on speculation and confirmed they are against discrimination and for equal opportunity. Then got on with being a good company and making good products. Didn't pander to the vocal minority like most do these days.

  If you didn't like how Gillette handled trying to be a good company in 2019, avoid Proctor & Gamble (they own Gillette, Oral-B, Olay, Old Spice, SK-II, Head & Shoulders, Herbal Essences, Pantene more) and support Nivea.

  Also…

  In 2003, a 2-year bidding war ended. Procter & Gamble, an American competitor, had sought to purchase Beiersdorf [owns Nivea] and proposed a take-over deal to Allianz insurance, which then held 19.6% of Beiersdorf's stock. Fearing that Procter & Gamble was interested only in Beiersdorf's brands and not in the company as a whole, many in Hamburg preferred to retain local ownership. The city of Hamburg and its state-owned holding company HGV created such a solution. The Herz family, owner of the German company Tchibo, who already had a stake in Beiersdorf, increased their holdings to 49.9%. Allianz still held 3.6%; Beiersdorf AG bought up 7.4% of its shares, of which 3% were given to the Beiersdorf pension fund. Another share holder, a private family, retained their share. This public-private alliance ensured that Beiersdorf's headquarters would remain in Hamburg and continue to provide hundreds of jobs, while paying taxes of approximately 200 mn euros annually.