Unilever has agreed to sell its premium skincare brand Kate Somerville to Rare Beauty Brands, marking the latest step in its ongoing portfolio reshaping strategy.
The deal includes the Kate Somerville skincare and body care ranges, along with its flagship clinic on Melrose Place in Los Angeles. The transaction is expected to complete in the fourth quarter of 2025, subject to regulatory approvals.
Mary Carmen Gasco-Buisson, CEO of Unilever Prestige, said the move would enable the brand to continue its growth under a more aligned owner. “Over the past 18 months, the team has worked diligently to accelerate Kate Somerville’s turnaround. As the brand enters a new chapter, we believe its continued growth and success will be best supported by new ownership better aligned to its evolving needs,” she said.
Chris Hobson, president and CEO of Rare Beauty Brands, described the acquisition as a “significant milestone” for the company. “We have long admired the brand's innovative spirit and its commitment to results-driven skincare, which aligns perfectly with our mission to create products that delight, communities that empower, and brands that inspire,” he said.
Rare Beauty Brands, led by Hobson, is known for its portfolio of prestige beauty labels. It is distinct from Rare Beauty, the cosmetics line founded by singer and actress Selena Gomez.