Unilever in talks for potential disposal of Kate Somerville brand

Unilever (NYSE:UL) is reportedly contemplating the sale of its well-known skincare model, Kate Somerville, which it acquired in 2015. The valuation Unilever would look for Kate Somerville stays unclear at this stage. Nevertheless, the model holds vital recognition, notably in Hollywood, and is a a part of Unilever’s prestigious private care portfolio, Sky reported, citing Metropolis sources. The corporate had engaged PricewaterhouseCoopers to subject curiosity from potential patrons, Metropolis sources mentioned. Along with Kate Somerville, insiders recommend that Unilever can also be planning to promote REN, one other skincare model it acquired in 2015, in line with the report.