Latest news with #DoveMenCare
Yahoo
28-06-2025
- Business
- Yahoo
Unilever Just Dropped $1.5 Billion on a Soap Brand--Here's Why It Might Be Genius
Unilever (UN) is making a $1.5 billion move into the premium men's grooming gamequietly snapping up Dr. Squatch, the viral soap brand with a Sasquatch mascot and a cult-like following. Founded in 2013 by Jack Haldrup, Dr. Squatch built its name on natural bar soaps and clever online ads. It has since expanded into deodorants, colognes, and hair care, selling through both e-commerce and retail shelves. While Unilever declined to confirm numbers, the Financial Times pegged the price tag at $1.5 billion, citing sources familiar with the matter. For Unilever, this isn't just about soap. Dr. Squatch fills a key gap in its men's personal care lineup, sitting alongside Axe and Dove Men+Care but with a more premium, DTC-native edge. The company said it plans to scale Dr. Squatch globallyhinting at ambitions well beyond the U.S. market. This could position Unilever to go head-to-head with Procter & Gamble's Old Spice, especially among younger men who care more about ingredients, branding, and online authenticity than shelf placement. The backstory? Summit Partners had reportedly been exploring a sale last year, targeting a $2 billion valuation. That makes this $1.5 billion deal a potentially savvy entry point for Unileverespecially if it can maintain Dr. Squatch's digital momentum while expanding internationally. Investors watching consumer staples may see this as more than just a quirky soap play. It's a calculated bet on brand storytelling, digital distribution, and premium male groomingan $80+ billion global market that's only getting more fragmented and competitive. This article first appeared on GuruFocus.
Yahoo
28-06-2025
- Business
- Yahoo
Unilever Just Dropped $1.5 Billion on a Soap Brand--Here's Why It Might Be Genius
Unilever (UN) is making a $1.5 billion move into the premium men's grooming gamequietly snapping up Dr. Squatch, the viral soap brand with a Sasquatch mascot and a cult-like following. Founded in 2013 by Jack Haldrup, Dr. Squatch built its name on natural bar soaps and clever online ads. It has since expanded into deodorants, colognes, and hair care, selling through both e-commerce and retail shelves. While Unilever declined to confirm numbers, the Financial Times pegged the price tag at $1.5 billion, citing sources familiar with the matter. For Unilever, this isn't just about soap. Dr. Squatch fills a key gap in its men's personal care lineup, sitting alongside Axe and Dove Men+Care but with a more premium, DTC-native edge. The company said it plans to scale Dr. Squatch globallyhinting at ambitions well beyond the U.S. market. This could position Unilever to go head-to-head with Procter & Gamble's Old Spice, especially among younger men who care more about ingredients, branding, and online authenticity than shelf placement. The backstory? Summit Partners had reportedly been exploring a sale last year, targeting a $2 billion valuation. That makes this $1.5 billion deal a potentially savvy entry point for Unileverespecially if it can maintain Dr. Squatch's digital momentum while expanding internationally. Investors watching consumer staples may see this as more than just a quirky soap play. It's a calculated bet on brand storytelling, digital distribution, and premium male groomingan $80+ billion global market that's only getting more fragmented and competitive. This article first appeared on GuruFocus.
National Post
09-06-2025
- Health
- National Post
Dove Men+Care Encourages Canadian Dads to Celebrate 'My Most Important Role' on LinkedIn
Article content Fathers and father figures are invited to make 'Dad' a job title, challenging traditional ideals around masculinity and success Article content TORONTO — To mark Father's Day, Dove Men+Care invites Canadian Dads and father figures to update their LinkedIn profiles with one of their most meaningful life roles: 'Dad.' Rolling out across Canada, the campaign encourages fathers to recognize and celebrate fatherhood as a full-time role and claim space for it on a platform traditionally reserved for professional milestones. Article content As part of the campaign, Canadian Dads are encouraged to use LinkedIn's 'Add position' feature to reflect their role as a father and join a growing movement of men reshaping the traditional definition of masculinity, identity, and care. Making fatherhood LinkedIn-official, Dove Men+Care sparks a broader conversation that urges men to treat personal milestones with the same importance and visibility as professional ones. Article content 'Too often, men proudly share promotions, but rarely the presence and care they bring at home,' said Divya Singh, General Manager, Personal Care, Unilever Canada. 'With this campaign, we are redefining success to include care and celebrate the powerful role fathers and father figures play beyond the workplace.' Article content To kickstart the movement, Dove Men+Care partnered with Founder/CEO Ross Simmonds, Sports Commentator Donnovan Bennett, Celebrity Chef and TV host Dave Rocco, Innovation Strategist Shawn Kanungo. Each thought leader, known in Canada for their professional achievements, are sharing their personal fatherhood stories alongside custom visuals designed by Toronto-based illustrator Mateusz Napieralski. Canadians are encouraged to download and re-share these custom illustrations along with their own fatherhood update and journey. Article content 'When men see fatherhood as a vital part of who they are, it positively shapes their mental health and emotional well-being,' said Dr. Andrew Howlett, a Toronto-based Child and Family Psychiatrist, and co-founder of the Fathers' Mental Health Network. 'By valuing and supporting active fatherhood, we help dads feel recognized and empowered – building resilient families and healthier communities.' Article content As a long-time partner of Dove Men+Care, Dad Central, a national organization that provides research, programming, resources, and a community to support father involvement, is helping amplify the campaign through its extensive community network. The group is also contributing expert insight on the cultural importance of active fatherhood and its long-term impact on society. Article content The campaign runs nationally in the lead-up to Father's Day, encouraging Dads across Canada to take part on LinkedIn. To learn more about Dove Men+Care, visit To find out more about Dad Central visit: About Dove Men+Care Dove Men+Care is the first range of products from Dove developed specially for men. Manufactured by Unilever, the line includes the #1 dermatologist recommended male bar and body wash brand. Launched in 2010, the Dove Men+Care portfolio includes bars, body washes, anti-perspirant/deodorants, and hair care. Dove Men+Care is available nationwide in food, drug, and mass outlet stores. Article content About Unilever Article content Unilever is one of the world's leading suppliers of Beauty & Wellbeing, Personal Care, Home Care, Foods and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 128,000 employees and generated sales of €60.8 billion in 2024. Article content Unilever is one of the world's leading suppliers of Beauty & Wellbeing, Personal Care, Home Care, Foods and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 128,000 employees and generated sales of €60.8 billion in 2024. Article content Our leading brands in North America include Dove, Hellmann's, Vaseline, Degree, Axe, TRESemmé, Knorr, Magnum, Ben & Jerry's, Nutrafol, Liquid I.V., Paula's Choice, and Dermalogica. Article content For more information on Unilever U.S. and its brands visit: For more information on Unilever Canada and its brands visit: About Unilever in Canada Unilever is one of the world's leading suppliers of Beauty & Wellbeing, Personal Care, Home Care, Foods and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 128,000 employees and generated sales of €60.8 billion in 2024. Article content Our leading brands in Canada include Dove, Vaseline, Degree, Axe, SheaMoisture, TRESemmé, Knorr, Hellmann's, Breyers, Magnum, Ben & Jerry's, Liquid I.V., and OLLY. Article content Dad Central is a national non-profit organization dedicated to supporting and promoting responsible father involvement in Canada. Through evidence-based research, resources, and community programming, Dad Central helps fathers, families, and organizations recognize and strengthen the important role dads play in child development and family well-being. With over two decades of experience, Dad Central works to ensure every child has the opportunity to benefit from an involved and caring father. Article content Article content Article content Article content Article content Contacts Article content
