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Tag Archives: Brands’

Unilever Acquires Sundial Brands

LONDON, United Kingdom — Unilever, the maker of Dove soap and Ben & Jerry’s ice cream, is acquiring Sundial Brands to expand its offering of hair and skincare products aimed at black women. New York-based Sundial, founded in 1991 by Liberian immigrants, makes brands such as SheaMoisture, Nubian Heritage, Madam C.J. Walker and Nyakio. While terms of the transaction were ...

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L Brands Meets Third Quarter Profit Forecasts

COLUMBUS, United States — L Brands Inc. (LB) on Wednesday reported fiscal third-quarter earnings of $ 86 million. The Columbus, Ohio-based company said it had net income of 30 cents per share. The results met Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share. The owner of ...

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For Direct-to-Consumer Brands, Scaling Isn’t Easy

NEW YORK, United States — When Warby Parker launched in 2010, it was unlike anything else on the market: the vertically integrated online business offered attractive prescription glasses for $ 100 instead of $ 500 or more, as was typical of market leader Luxottica, and a user-friendly, free home-trial program. In its first year in business, it sold 20,000 pairs ...

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