×
253
Fashion Jobs
SHOPPERS STOP LTD
Unit HR Head
Permanent · MUMBAI
FLOOR & FURNISHINGS INDIA PRIVATE LIMITED
Sales Executive/ Sales Officer
Permanent · PANCHKULA
SELECTIVE GLOBAL SEARCH PVT. LTD.
Retail Sales Executive
Permanent · MUMBAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HALDWANI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Aligarh
SREEDHARA TEXTILES PRIVATE LIMITED
Deputy Manager - Fabric
Permanent · COIMBATORE
PANACEA VENCER
we Have Opening For Accounts Manager & Finance Manger For Garments
Permanent · COIMBATORE
JOBZ DADDY
Category Head For Home Decor of The Top Most Designer of India
Permanent · GURUGRAM
SMART SOURCE
Manager Market Place - Leading Fashion Retail - Bangalore
Permanent · Bengaluru
NCDI PLACEMENT CONSULTANCY
Accounts Executive For Retail Industry
Permanent · Lucknow
NCDI PLACEMENT CONSULTANCY
Customer Relationship Managere For Retail Industry
Permanent · LUCKNOW
PRIME PLACEMENT AND MANPOWER SERVICES
International Sales Executive - Female - Khokhra - Ahmedabad
Permanent · Ahmedabad
MIRRAW.COM
Production Manager | Mirraw
Permanent · MUMBAI
LIFESTYLE BRANDS
Senior Executive - Accounts - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Area Manager-Projects Execution (Telangana &Amp; Andra Pradesh)-Hyderabad
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Financial Manager - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Training Manager, Planet Fashion - Bangalore
Permanent · BENGALURU
HECTOR AND STREAK CONSULTING PVT LTD
Assistant Manager Production - Textile,Fabrics,Plastic,
Permanent · NASHIK
HECTOR AND STREAK CONSULTING PVT LTD
Manager Accounts - For a Manufacturing Company in Mumbai
Permanent · Mumbai
GENIUS CONSULTANTS LIMITED
Warehouse Manager in a Leading Garments Manufacturing Company
Permanent · Kolkata
GENIUS CONSULTANTS LIMITED
Digital Marketing Executive@ Hiring is Going on
Permanent · Kolkata
SUPER FASHION
HR Manager / sr. HR Manager (For Garments Industry)
Permanent · Faridabad

Unilever buys Tatcha as prestige beauty acquisition spree continues

Published
today Jun 11, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

The biggest names in beauty are all in a race at present to not only achieve organic growth but to buy-in growth and to snap up the most dynamic brands globally. Anglo-Dutch consumer-products giant Unilever is one of the most active names in that race and its latest big buy is J-Beauty brand Tatcha.


Tatcha



It has bought the 10-year-old Japanese-American company that has made an impact through its prestige skincare products based on ingredients identified strongly with Japan such as green tea, rice and algae.

The company has been riding a powerful wave of Asian beauty with both Korean and Japanese brands in high demand globally.

With expected sales this year estimated to be between $70 million and $100 million, the brand is giving many of the popular K-Beauty bands a run for their money at the moment and is a favourite at retailer Sephora.

The company was founded by Vicky Tsai in San Francisco and has a Japanese innovation Centre, trading heavily on the current appeal of all-things Japanese as well as the dynamism that can be seen at founder-led businesses coming out of California at present.

So its appeal to Unilever is very clear, although we don't know just how much it was prepared to pay as a purchase price wasn't disclosed. However, reports have estimated that it paid $500 million for the privilege of bringing Tatcha into its fast-expanding portfolio.

As mentioned, Unilever has been a big buyer of dynamic and disruptive brands of late and it has acquired Garancia, REN, Murad, Hourglass, and Dermalogica, among others. It has also been launching its own new names, such as the Love Beauty and Planet label, and supporting companies in their early stages through its Unilever Ventures arm.

Other big names have also been extremely acquisitive with Natura taking on The Body Shop and Avon, Estée Lauder Cos buying Becca, Rodin, Le Labo, Glamglow and Too Faced, and L’Oréal buying CeraVe, Atelier Cologne and It Cosmetics. 

Unilever, which also has a major presence in mass-market beauty via brands such as Dove and Sunsilk, has shown itself to be prepared to stump up big money to achieve its acquisition aims. It has been rumoured to be eyeing Drunk Elephant for around $1 billion and it paid just that amount in 2016 when it acquired Dollar Shave Club.

Copyright © 2020 FashionNetwork.com All rights reserved.