LONDON – Unilever’s Beauty & Wellbeing division is becoming an increasingly attractive asset, with sales growth far outstripping every other company category in the first fiscal quarter. Underlying sales at the division, which includes brands such as Dove, Pond’s, Tatcha and Hourglass, grew 7.4 percent to 3.2 billion euros. Reported growth was 3.1 percent compared … Read more
LONDON — Unilever is set to acquire buzzy biotech hair care brand K18, as part of a wider strategy to invest in high-growth premium categories, build up its “power brands,” and invest in research and development. The proposed purchase comes six months after WWD reported that K18 was exploring sale options although, at the time, the … Read more
LONDON – Unilever has agreed a sale of Elida Beauty two years after first marketing the cluster of more than 20 brands, including Q-Tips, Caress, Timotei and Tigi. Unilever confirmed Monday that it has a binding offer from Yellow Wood Partners LLC to acquire Elida, which generated turnover of around 800 million euros in 2022. … Read more
Unilever, the multinational consumer goods company behind well-known brands like Dove soap and Hellmann’s mayonnaise, is under investigation by the Competition and Markets Authority (CMA) over allegations that it may be exaggerating the environmental friendliness of some of its products. This comes at a time when consumers are increasingly conscious of the environmental impact of … Read more
