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Unilever Q3 Growth Declines Due to Currency, Sells Dollar Shave Club

Unilever saw Q3 turnover decline 3.8 percent to 15.2 billion euros, and has sold Dollar Shave Club to US private equity firm Nexus Capital Management.

United statesCity ofUnited kingdomFabian garciaJefferie molly wylenzekFernando fernandezHein schumacherDollar shave clubLondon stock exchangeNexus capital managementDollar shaveUnilever personal careShave clubNorth americaMolly wylenzek

Unilever reveals action plan amid underperforming Q3 results & sells Dollar Shave Club

Although Beauty & Personal Care sectors saw strong results, Unilever will change its strategy with a new focus, new appointments, plus sale of the Dollar Shave Club.

United statesUnited kingdomHein schumacherFernando fernandezSouth east asiaFabian garciaGraeme pitkethlyDollar shave clubDollar shave club to nexus capital managementUnilever beauty wellbeing business groupSale of dollar shave clubPersonal carePower brandsChief financial officerWellbeing business groupPrestige beauty

Unilever Ending Awkward Partnership With Dollar Shave Club

Dollar Shave Club struggled to grow and introduce new products under Unilever. Now, Unilever is selling the direct-to-consumer brand to Nexus Capital Management.

Michael cohenMichael dubinGraeme pitkethlyMark levineAlan jopeFabian garciaDollar shave clubProcter gambleTerms of serviceCapital managementDollar shaveShave clubNexus capital managementUnilever personal care

Unilever to sell Dollar Shave Club

Unilever to sell Dollar Shave Club
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Unilever Selling Off Dollar Shave Club

Unilever Selling Off Dollar Shave Club
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United statesUnited kingdomFabian garciaMichael cohenHein schumacherMichael dubinDollar shave clubNexus capital managementShave clubIts chief executive hein schumacherUnilever personal careNorth america