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: Understanding Cross-Channel and Cross-Category Shopping: US Consumer Tracker Extra, July 2023Earnings Insights 1Q24, Week 4: Alibaba and Walmart Report Sales Increases; The Home Depot and Under Armour See Sales DeclinesUS Consumer Tracker: Consumer Financial Security ImprovesThree Data Points We’re Watching This Week