Kenvue Is Considering Selling Some Brands, Reuters Reports

Kenvue Inc., the consumer-health business that was part of Johnson & Johnson, is exploring a sale of some of its skin-care and beauty brands, Reuters reported Thursday, citing people familiar with the matter.

The company may sell brands including Clean & Clear, Maui Moisture and Neostrata, according to Reuters, while holding onto bigger brands such as Neutrogena and Aveeno.

Kenvue has faced shareholder pressure after activist investor Starboard Value LP took a stake last year, saying the company trades at a discount to peers such as L’Oreal SA, Procter & Gamble Co. and Haleon Plc despite having best-in-class ...