Unilever Ventures Invests in Dr Roebuck’s Skin Care

Unilever Ventures has invested in Australian skin-care brand Dr Roebuck’s. Dr Roebuck’s was founded by sisters Zoe and Kim Roebuck in 2016. The brand centers around a cream their parents, who are doctors, created when they were kids to help with their eczema and dry skin. Now, the line has 18 stockkeeping units, including No Worries Hydrating Face Moisturizer, $45; Tama Healing Mask, $25, and Down Under Collagen Boosting Eye Treatment, $38. Dr Roebuck’s is sold in more than 2,000 doors, including Sephora in the U.S., Southeast Asia, Australia and Europe, and Shoppers Drug Mart in Canada. The line centers around “clean” ingredients, like kakadu plum extract and aloe vera, and doesn’t include parabens, sulfates, phthalates or silicones. Dr Roebucks formulates products in-house, and has toyed with the idea of owning its own manufacturing, according to chief executive officer Natalie Sperling. Next up is a six-ingredient copper serum, she said, which is slated for fall. Sperling said the business veers away from trends, and instead thinks of itself as a line meant to capture late twentysomethings and remain their go-to for skin care. Terms of the deal were not disclosed. Industry sources estimate that because of the brand’s recent distribution expansion, it could do

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