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Unilever Buys Sundial Brands—the Makers of SheaMoisture and Nubian Heritage

Sundial will operate as a standalone unit within Unilever.

Sundial Brands, the black-owned company behind natural body and hair care products SheaMoisture, Nubian Heritage, Madam C.J. Walker and nyakio has been acquired by Unilever.


Unilever made this move to "address underserved needs of multicultural and millennial consumers," according to Business Wire.

Details of the acquisition's terms have not been disclosed, but Sundial is expected to turnover around $240 million.

Sundial Brands' founder, CEO and Executive Chairman, Richelieu Dennis, who is also of Liberian descent, will continue to lead the business as it will operate as a standalone unit within Unilever.

This partnership will also yield the development of the New Voices Fund, an effort that will eventually scale $100 million, to empower women of color entrepreneurs.

While it's encouraging to see Sundial grow and expand its reach to the global community with this transaction, it doesn't change the fact that it will no longer be black-owned.

"The products [are] not gonna change, and we're not selling out," Dennis says in a video interview with Michaela Angela Davis for Unilever.

"The agreement is all about building the foundation," Esi Eggleston Bracey, the new EVP & COO of Unilever North America Personal Care says in the video. "Building off of it from the business and the products today."

Watch the video playlist to learn more below.

Photo credit should read KELVIN IKPEA/AFP via Getty Images

The Netherlands Returns Nigeria's Centuries-Old Stolen Artefact

The Netherlands has returned to Nigeria a 600-year-old stolen artefact, the Ife Terracotta, which has been received by Nigeria's Minister of Information and Culture, Alhaji Lai Mohammed.

According to The Guardian Nigeria, the Netherlands has returned a 600-year-old artefact to Nigeria. This comes after the artefact was reportedly smuggled using fraudulent papers through Ghana to the Dutch country. Netherlands ambassador to Nigeria, Harry van Dijk, handed over the Ife Terracotta to Alhaji Lai Mohammed, Nigeria's Minister of Information and Culture. The repatriation of the small but "priceless" Ife Terracotta has been a long journey considering it was reportedly smuggled out of Nigeria in 2019.

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Sho Madjozi Drops New Upbeat Mixtape 'What A Life'

Sho Madjozi drops her latest mixtape 'What A Life' featuring Manu WorldStar, Dr Thomas Chauke, Makhadzi and many more.

Sho Madjozi has released her latest mixtape titled What A Life. This is the second official release from the artist following her wildly successful 2018 debut album, Limpopo Champions League. The South African "John Cena" hitmaker has come back with a banging nine-track project. Sho Madjozi's What A Life which is a compilation of bangers with some of her own favourite South African artists. Manu WorldStar, Dr Thomas Chauke, Makhadzi, DJ Mfundhisi, Sunglen Chabalala and Russian Army feature on the mixtape. This mixtape drops just a few months after Sho Madjozi signed a major deal with American record label, Epic Records.

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Watch Kizz Daniel's Latest 'Boys Are Bad' Music Video

Kizz Daniel drops the visuals for 'Boys Are Bad' which features on his third studio album, 'King of Love'.

Nigerian artist Kizz Daniel has dropped the sexy visuals for his hit single "Boys Are Bad" which features on his third studio album, King of Love. The Afropop hitmaker recently shared news of the vibrant song's visuals on social media. The brief but undeniably alluring music video is treated with an array of mellow colours which collectively set the tone for a laid-back atmosphere. According to PulseNG, Kizz Daniel has created a "captivating and groovy dancehall video" for "Boys Are Bad".

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Netflix Cancels Second Season of 'Queen Sono' Due to COVID-19 Pandemic

Netflix has reportedly cited filming challenges that have been brought on by the pandemic as the reason for their decision to cancel the second season of the spy-thriller series, 'Queen Sono'.