• The Wall Street Journal reports that Unilever is acquiring Dollar Shave Club for $1 billion.
According to the story, "Dollar Shave Club, which isn’t profitable, said it has signed up 3.2 million members for its mail-order service that ships out disposable razors and other grooming products for a flat monthly fee." With annual sales of $152 million, Dollar Shave Club has "chipped away at market leader Gillette."
According to the story, "Dollar Shave Club, which isn’t profitable, said it has signed up 3.2 million members for its mail-order service that ships out disposable razors and other grooming products for a flat monthly fee." With annual sales of $152 million, Dollar Shave Club has "chipped away at market leader Gillette."
- KC's View:
