10.03.16
Negotiations are still early, but at press time, Unilever was said to be in talks to acquire The Honest Company. The Santa Monica, CA company was cofounded by Actress Jessica Alba in 2011.
A year ago, The Honest Company was valued at $1.7 billion after raising $100 million from investors. But the company suffered a PR setback earlier this year when its natural positioning came under fire from environmental groups.
A year ago, The Honest Company was valued at $1.7 billion after raising $100 million from investors. But the company suffered a PR setback earlier this year when its natural positioning came under fire from environmental groups.