Company News, Financial News

Unilever Sells Brands to Strength of Nature

But remains committed to ethnic category.

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By: TOM BRANNA

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Throughout 2015, Unilever's been a buyer of brands, including Murad and Dermalogica. Today, the company sold a few. The company announced that it has sold the Motions, Just for Me, Consort, and Groom & Clean brands, and also the TCB brand in Africa, to Strength of Nature, for an undisclosed amount. TCB is currently sold in a limited number of African countries. A purchase price was not disclosed. Despite the move, company executives insist that Unilever isn't exiting the ethnic ma...

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