Flash Report 3 minutesRegister for Free AccessUnilever Expands Home Care Portfolio with the Acquisition of The Laundress Coresight Research January 30, 2019 Executive SummaryOn January 28, 2019, Unilever announced it had acquired The Laundress, a premium detergent and fabric care company headquartered in New York. Unilever said The Laundress will continue to operate from its New York City headquarters and that the founders will remain in place to lead the business and to operate the brand’s flagship store in New York. The global home care market is a highly competitive space and is expected to grow at a CAGR of 3.8% in the five years to 2024, according to market intelligence firm Mordor Insights. Unilever described the acquisition of The Laundress as a “strong addition” to its portfolio of products. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Salesforce Connections 2023: Embedding Generative AI in the Marketing Cloud and Commerce CloudCES 2023 Day One: Sustainable and Intelligent Solutions Tech To Address Global ChallengesGlobal Economic Outlook Looking More Positive: What’s NewRetail Shrink and ORC: California and New York Enact Tough New Anti-Theft Laws
