Deals
Unilever Taps Growth From Algae-Based Skin-Care Takeover
- Tatcha brand’s sales estimated at $70 million by Bryan Garnier
- Dove soap owner seeks growth from Asian cosmetics trend
Tatcha products
Photographer: Presley Ann/Getty ImagesThis article is for subscribers only.
Unilever agreed to buy skin-care brand Tatcha, which makes creams based on a foundation of green tea, rice and algae, seeking to ride a wave of demand for Asian-influenced cosmetics.
Tatcha, founded a decade ago in San Francisco, has an innovation center in Japan. The country’s skin-care labels have been vying with South Korean brands for the attention of consumers looking for high-end alternatives to western brands.