Sky News Reported Unilever Is Working With Advisers On Sale Kate Somerville Skincare Brand It Acquired In 2015
Portfolio Pulse from Benzinga Newsdesk
Unilever is reportedly working with advisers to sell its Kate Somerville skincare brand, which it acquired in 2015. This move is part of Unilever's strategy to streamline its skincare portfolio.
August 25, 2024 | 4:57 pm
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Unilever is considering selling its Kate Somerville skincare brand, which could impact its portfolio and financials. This move aligns with its strategy to focus on core brands.
The sale of Kate Somerville is part of Unilever's strategy to streamline its skincare portfolio. While this may not have an immediate impact on stock prices, it reflects Unilever's focus on core brands, which could influence long-term financial performance.
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