News

Unilever Acquires Dollar Shave Club

Unilever, a supplier of food, home and personal-care products, is set to purchase men’s grooming brand Dollar Shave Club. Terms of the transaction were not disclosed, though Michael Dubin is expected to continue to serve as CEO of DSC.

DSC, headquartered in the Venice area of Los Angeles, California, was founded in 2012. Since inception, it has worked to transform the shaving category through its lifestyle brand, empowering 3.2 million members, and is on track to exceed $200 million in 2016.

Feature: Top 20 CEOS Under 40

With blazing energy and business savvy, these young CEOs are leading the beauty industry into a new era.

One thing is for sure: the beauty industry has transformed drastically in the last 10 to 15 years. In that time, some new faces — and products — have appeared on the scene, as well as technological innovations that have transformed the way we market, discover and share new products with the world.