Unilever to Terminate Operations of REN Skincare Brand
Unilever's decision to shutter its skincare brand REN ain't no walk in the park, mate. Internal quagmires and a bumpy market have conspired against the brand, making a long-term stay a tall order. The global consumer goods titan, known for household faves like Dove soap and Vaseline, didn't specify an exact date for REN's swan song, but it's likely to happen by the end of Q3 this year.
Sources point to a mix of internal hiccups and market turbulence that's left REN in a precarious position. The specifics of these internal issues remain under wraps, but it's suggested that broader industry fluctuations and changing skincare preferences may have played a significant role in REN's predicament. Following reported unsuccessful attempts to find a buyer, the decision seems inevitable.
Founded in 2000, REN made a name for itself with a clean-beauty focus and crowd-pleasers like its Ready Steady Glow Daily AHA Toner. As the clock ticks down to the brand's likely closure, fans can savor the memories and find alternatives to keep their skincare routines fresh.
- The closure of Unilever's skincare brand REN, known for its popular products like Vaseline and the Ready Steady Glow Daily AHA Toner, has been linked to internal issues and market instability.
- Despite unsuccessful trading attempts to find a buyer, the decision to shut down REN seems imminent due to a combination of external factors and internal hiccups.
- The finance and business implications of REN's closure could be more detrimental, considering the brand's unique focus on clean beauty and changing skincare preferences in the market.
- As REN prepares for closure, fans may find alternate methods to maintain their skincare routines, marking the end of an era in the skincare market.
