The Magnum Ice Cream Co.
Coverage of The Magnum Ice Cream Co. in the Nexus archive.
- European Heat Waves Boost Demand for Magnum Ice Cream
Magnum Ice Cream Co.'s sales increased more than expected due to heat waves in Europe boosting demand for ice cream brands like Ben & Jerry's and Cornetto.
- Ben & Jerry’s Foundation says it will shut down amid legal dispute with parent company
The Ben & Jerry’s Foundation will shut down by year-end after its parent company, Magnum Ice Cream Co., cut funding and evicted staff, citing governance issues from an audit. The foundation, which provided $600,000 annually to Vermont organizations, is challenging the decision in a pending lawsuit alleging interference with the brand’s social mission.
- Ben & Jerry's cofounder shares his advice for young people — and it's not to become an Uber driver
Ben & Jerry's cofounder Ben Cohen advises young people to pursue passion over financial gain, criticizes billionaires and the parent company's social values, and highlights the importance of purpose-driven work. He notes that Ben & Jerry's was sold to Unilever in 2000 and later spun off into The Magnum Ice Cream Company, which he believes is not upholding the brand's original social mission.
- Magnum Ice Cream Ranks Among Biggest Short Seller Bets in Europe
The Magnum Ice Cream Co. listed on Euronext Amsterdam in 2025, becoming a notable target for short sellers in Europe. The company's stock is among the largest short seller bets, indicating significant market skepticism or speculative interest.