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Beyond Tatcha's impressive sales numbers and potential for growth in the ever-expanding skin-care market, it seems that Unilever saw the acquisition as an opportunity to support a … It’s estimated by Allure , Bloomberg , and WWD that Unilever acquired Tatcha for $500 million dollars, and that their sales for … Shop Tatcha's collection of luxury beauty products from Japan. Unilever has completed the acquisition of Tatcha, the Japanese inspired skincare brand. Unilever Acquires Tatcha in Deal Said Approaching $500M Tatcha's products center around rituals of the geisha, and use ingredients like rice, algae and green tea. We are widely recognised as a preferred employer, both by graduates and experienced professionals – find out why.Victoria Tsai, Founder of Tatcha said: “When creating Tatcha, our dream was to make a brand that would live for at least 100 years; that dream can come true in our new home with Unilever. Unilever Acquires Tatcha, Another Cruelty-Free Brand On June 10th, 2019, Tatcha joins the hundreds of brands Unilever has acquired.
Although it is unclear what Tsai's role will be once the acquisition is complete, it's very clear that she's excited about the new partnership. Vasiliki Petrou, Unilever EVP and CEO Prestige, stated: “We are delighted to have Tatcha joining our portfolio of Prestige brands. They are not historical facts, nor are they guarantees of future performance.Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements.
That makes it one of Unilever…
Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever's global brands not meeting consumer preferences; Unilever's ability to innovate and remain competitive; Unilever's investment choices in its portfolio management; inability to find sustainable solutions to support long-term growth; the effect of climate change on Unilever's business; customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain; the cost of raw materials and commodities; the production of safe and high quality products; secure and reliable IT infrastructure; successful execution of acquisitions, divestitures and business transformation projects; economic and political risks and natural disasters; financial risks; failure to meet high and ethical standards; and managing regulatory, tax and legal matters. Its three-year revenue growth ticked up 10,996 percent to $12 million in 2014. These forward-looking statements speak only as of the date of this announcement. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. According to WWD, Unilever acquired the 10-year-old Japanese beauty company for $500 million.
A price wasn’t disclosed. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Unilever Group (the 'Group').