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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 RODGER BOSCH/AFP via Getty Images.

'Africa Is a Country Radio' Spotlights Cape Town in Latest Episode

Hosted by Chief Boima, the latest episode from 'Africa is a Country Radio' explores Cape Town's vibrant music scene from rapper YoungstaCPT to Cape Malay choral music, jazz and more.

Africa Is a Country Radio has shared its latest episode which puts Cape Town into the spotlight. The theme for the show's current season is port cities. Having explored the Black Atlantic and the Black Indian Ocean in their previous episodes, this latest episode positions Cape Town's history and so-called Cape Malay culture in the middle. The show is hosted by Sierra Leonean-American music producer and managing editor of the publication, Africa Is a Country, Chief Boima and also features two additional guests.

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Veteran South African Journalist Karima Brown Has Died

Tributes have been pouring in for journalist, political commentator and activist, Karima Brown, who has recently passed away from COVID-19.

Veteran South African journalist, political commentator and activist, Karima Brown has passed away. Brown had previously been admitted to hospital after contracting COVID-19 and was undergoing treatment over the past couple of weeks. Unfortunately, she lost her battle with the disease earlier this morning. Tributes have been pouring in from media colleagues, friends, politicians and ordinary South Africans since news of Brown's death emerged.

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Watch Davido Perform 'Assurance' & 'Jowo' On Jimmy Kimmel Live

The Nigerian superstar performed for the late night American TV show.

Davido stopped by Jimmy Kimmel Live last night to give viewers a lively performance.

Backed by a full band, the Nigerian superstar kicked things off by playing A Good Time single "Assurance," which will reportedly be featured in the Coming 2 America soundtrack. After a quick interlude and set change—a king's throne appeared onstage—Davido and his band went into a medley of "Jowo," his A Better Time single.

Davido's been busy this year as he recently shared the music video for A Better Time's "The Best" alongside Mayorkun, was featured in the remix of Focalistic's "Ke Star," and collaborated with Teni on "For You."

Watch Davido's Jimmy Kimmel live performance of "Assurance" and "Jowo (Medley) below.

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