Unilever to shut down REN skincare business
Published by Global Banking & Finance Review®
Posted on May 1, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on May 1, 2025
1 min readLast updated: January 24, 2026
Unilever will close its REN skincare business due to internal and market challenges, with closure expected by the end of Q3 this year.
(Reuters) - Unilever on Thursday said that it was taking steps to close its skincare business REN, citing internal challenges that were made worse by market conditions and "left the brand unable to sustain success in the long term."
The consumer goods company, which makes Dove soap and Vaseline, said there was no fixed date for the closure of REN, but it expects the brand to stop trading by the end of the third quarter this year.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Mrigank Dhaniwala)
The main topic is Unilever's decision to close its REN skincare business due to internal and market challenges.
Unilever cites internal challenges exacerbated by market conditions, making it unsustainable to continue REN.
Unilever expects REN to stop trading by the end of the third quarter this year.
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