Unilever is selling Dollar Shave Club after 7 long, awkward years of trying to make it work

• Unilever is selling Dollar Shave Club seven years after paying $1 billion for the brand.
• Nexus Capital Management, which owns Toms, will have majority ownership of Dollar Shave.
• Sources previously told Insider that Dollar Shave struggled to grow under Unilever.

Dollar Shave Club, the brand that pitched cheap razors with quirky commercials, is being sold by Unilever, its multinational owner.