11 Jun 2019 --- Unilever is set to acquire prestige skincare brand Tatcha for a reported US$500 million. Founded in 2009 in San Francisco by start-up entrepreneur Victoria Tsai, Tatcha is a modern skincare brand rooted in classical Kyoto beauty rituals. The brand is distributed through premium retailers predominantly in the US and has a strong social media and digital presence. Although further terms of the deal were not disclosed, the transaction is expected to close in Q3 2019 following the recent signing of an agreement.
