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Geisha-Inspired Tatcha Is Unilever's Latest US Prestige Skin-Care Addition

 
• By Eileen Francis

Unilever acquires ‘modern, prestige’ skin care firm Tatcha in a reported $500m deal. Tatcha's comprises dozens of items formulated with green tea, rice and algae. Unilever continues seeking beauty and personal care deals, which accounted for 70% of its acquired turnover in recent years.

Unilever PLC continues its beauty buying spree by acquiring Tatcha LLC, a skin care brand inspired by Japanese Geisha rituals, at a reported price of $500m.

The Anglo-Dutch firm announced the deal June 10, a day before CEO Alan Jope, speaking at a Deutsche Bank investor conference in Paris, noted Tatcha is growing significantly in North America

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