No, Unilever is Not Selling Off its Beauty, Personal Care Business

Feb 3rd, 2021

Jacquelyn Schlabach

Unilever is reportedly not selling any of its beauty and personal care brands

Unilever is reportedly not selling any of its beauty and personal care brands

Unilever is reportedly not selling any "significant" portion of its beauty and personal care brands, according to Reuters.

Previously: Unilever Announces Inclusive Society Commitments

CEO Alan Jope told Reuters that the company isn't, however, ruling out smaller deals as part of reshaping its portfolio.

Reuters quoted CEO Alan Jope: “Don’t hold your breath for seeing any significant disposals in the beauty and personal care business."

Sephora continues to be a powerhouse, spiking selective retail sales by 11% (organic), totaling $4,175 million.

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Highlights in the perfume and cosmetics sector included Christian Dior's Sauvage, J’adore and Miss Dior in fragrance, as well as Rouge Dior in makeup and Capture in skin care.

Baralan featuring the latest innovative 3D techniques, iconic shapes, sophisticated finishes and versatile accessories

Baralan featuring the latest innovative 3D techniques, iconic shapes, sophisticated finishes and versatile accessories

Baralan at Luxe Pack NY 2024 in a continuous dialogue among the company historical soul, industry trends and product innovations. New ideas for primary packaging: innovative 3D techniques, iconic shapes, sophisticated finishes and versatile accessories.

IU’s first campaign will debut in April 2024.

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From L: Anju Majeed, Ph.D., and Shaheen Majeed

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Manzanita Capital first invested in Space NK in 2002.

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The private investment firm previously explored a sale of Space NK in 2018 advised by Goldman Sachs.

'Immunocologie is your skin care’s foundation for well-being, healthy skin,' says Immunocologie Skincare founder, Karen Ballou. 'Consequently, Immunocologie’s holistic approach to skin health is consistent with Blue Zones principles of living better longer.'

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As part of the partnership, select Immunocologie products (the Vital Clay Mask, Vital Ionic Mist and self-heating Lava Mask) have been featured online alongside other Blue Zones-endorsed products including longevity foods and beverages.

Jessica Alba will shift her creative energy to new endeavors after a successful fourth quarter.

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Alba will continue to provide her support and leadership as a member of Honest’s board of directors.

Cyklar founder Claudia Sulewski said, 'I was a longtime fan of The Center's brands and couldn't believe my luck when I hit it off with Ben Bennett. Joining this family is a dream come true, and I'm eager to learn and grow Cyklar with their expertise.'

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U.S. private equity giant Blackstone Inc. would reportedly try to provide debt financing to take L’Occitane private.

Report: L’Occitane Owner Exploring Another Attempt to Take Company Private

Reuters now reports that Geiger is "in advanced discussions with investors and lenders" about a potential deal that could be announced in just a few days.

The funding round was led by a16z crypto and The Estée Lauder Companies' New Incubation Ventures (NIV).

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Kiki looks to build consumer brands as dynamic platforms, with products and experiences created by and rewards shared with the communities that use them.

In March, Puig reported that full-year 2023 sales increased 19% to €4.3 billion.

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Funds will be used to "refinance recent acquisitions of additional ownership in the prestige fragrance label Byredo and Charlotte Tilbury brands," while setting the company up for future acquisitions and expansions in Asia Pacific and skin care.