Who Owns Axe?
Axe is owned by Unilever, a publicly traded British multinational consumer goods company. Unilever developed Axe internally and launched it in France in 1983. The brand operates under Unilever's Beauty & Personal Care division, headquartered in London, United Kingdom.
Parent Company
Unilever plc
Founded
1983
Status
Publicly Traded
Headquarters
London, United Kingdom
Who Owns Axe?
- Parent Company: Unilever plc
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: LSE: ULVR
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Axe | Unilever plc | Wholly owned |
History of Axe
- Founded: 1983
- Founders: Unilever (internal development)
Axe was launched on June 6, 1983, in France by Unilever, debuting with three classically masculine variants: Musk, Amber, and Spice. The brand was inspired by another Unilever product, Impulse, and was specifically designed to fill a gap in the men's fragrance and deodorant market by combining effective deodorant protection with a high-quality fragrance. This strategic launch demonstrated Unilever's ability to identify market opportunities in the men's grooming segment and create products that could combine functional benefits with appealing fragrance profiles that would resonate with young male consumers.
The brand expanded rapidly throughout Europe and Latin America during the late 1980s and 1990s. Due to trademark restrictions, Axe was marketed under the name Lynx in the United Kingdom, Ireland, Australia, and New Zealand. In some markets such as South Africa, it was initially introduced as EGO before rebranding to Axe in 2002. This adaptive approach to branding and market entry demonstrated Unilever's flexibility in navigating different regulatory environments and market conditions while maintaining a consistent brand identity and product quality across diverse geographic markets.
Axe entered the United States market in 2002, quickly establishing itself as a major player in the men's grooming category. The brand's distinctive advertising campaigns, which focused on the theme of attracting women, became culturally iconic and helped Axe become one of the most recognizable male grooming brands globally. This bold marketing approach demonstrated Axe's ability to create memorable advertising campaigns that could resonate with target audiences while establishing the brand as a cultural phenomenon in the men's grooming market.
Throughout the 2010s and 2020s, Axe evolved its brand positioning toward more inclusive and modern messaging. The product range expanded beyond body sprays to include shower gels, antiperspirants, deodorant sticks, shampoos, and styling products. Today, Axe is the world's number one men's fragrance brand, sold in over 70 countries worldwide. This evolution in brand positioning and product expansion demonstrates Axe's ability to adapt to changing consumer preferences and social expectations while maintaining its core appeal and market leadership in the men's grooming category.
About Unilever plc
What does Unilever own?
As of April 2026, Unilever owns a portfolio of over 400 brands across four business groups: Beauty and Wellbeing (Dove, Vaseline, TRESemme, Pond's), Personal Care (Axe/Lynx, Rexona/Sure, Lux, Lifebuoy, Close Up), Home Care (Domestos, Cif, Surf, Omo, Comfort), and Nutrition (Knorr, Hellmann's, pending transfer to McCormick upon deal close). Unilever no longer owns ice cream brands (Magnum, Walls, Ben & Jerry's, Breyers) following the 2025 Ice Cream demerger. The March 31, 2026 McCormick combination, expected to close mid-2027, will transfer Hellmann's, Knorr, Frank's RedHot, French's, Cholula, and Maille to the expanded McCormick entity. The company also owns approximately 61% of Hindustan Unilever Limited, a publicly listed subsidiary in India.
Is Unilever publicly traded?
Yes, Unilever plc is listed on the London Stock Exchange under ticker ULVR and on Euronext Amsterdam under ticker UNA. American Depositary Receipts are listed on the New York Stock Exchange under ticker UL. The company does not have a controlling shareholder, and its shares are held primarily by institutional investors. Unilever simplified its dual-listed structure in 2020, consolidating its legal headquarters in the United Kingdom.
Who founded Unilever?
Unilever was formed in 1929 through the merger of Lever Brothers, a British soap company founded by William Hesketh Lever in 1885, and Margarine Unie, a Dutch margarine producer formed through the merger of the Jurgens and Van den Bergh companies in 1927. The founders of the predecessor companies include William Lever, James Darcy Lever, Antonius Johannes Jurgens, and Samuel van den Bergh.
Where is Unilever headquartered?
Unilever is headquartered in London, United Kingdom. The company's registered office and principal executive offices are located in London. Unilever simplified its dual-listed structure in 2020, consolidating its legal headquarters in the United Kingdom and ending the separate Unilever N.V. Dutch entity. The company's shares continue to trade on both the London Stock Exchange and Euronext Amsterdam.
How many brands does Unilever own?
Unilever currently owns over 400 brands across Beauty and Wellbeing, Personal Care, Home Care, and Nutrition. Following the completion of the McCormick Foods combination (expected mid-2027), Unilever's portfolio will narrow to its HPC brands, with the largest being Dove, Axe/Lynx, Rexona/Sure, Vaseline, Domestos, Cif, Surf, and Omo. The company's food brands (Hellmann's, Knorr) are included in the McCormick deal and will transfer upon close.
Who owns Unilever?
Unilever plc is a publicly traded company with no controlling shareholder. The company's shares are held primarily by institutional investors including major asset managers and index funds. No single shareholder holds a majority stake in Unilever. Fernando Fernandez serves as CEO, having been appointed in March 2025 following the departure of Hein Schumacher. The company's board includes a majority of independent non-executive directors.
- Founded: 1929
- Headquarters: London, England, United Kingdom
- Company Type: Publicly Traded
- Stock: LSE: ULVR
- Revenue: approximately €59.7 billion (FY2025)
- Employees: Approximately 128,000
Where Is Axe Made / Based?
- Headquarters: London, United Kingdom
- Manufacturing / Operations: France, Mexico, United States, India, United Kingdom, Brazil
Axe Sustainability & Ethics
Axe is subject to Unilever's group-wide sustainability commitments, which apply across the company's brand portfolio following the restructuring completed in 2025. Unilever's overarching framework, the Compass strategy, includes commitments to halve the use of virgin plastic, ensure 100% of plastic packaging is reusable, recyclable, or compostable by 2025, and achieve net zero emissions across the value chain by 2039.
Axe aerosol body sprays are among the product formats that present sustainability challenges due to the use of compressed gas propellants and aluminium cans. Unilever has worked to reduce the propellant content in aerosols and to increase the recycled content of aluminium packaging. The aluminium used in Axe cans is recyclable and Unilever participates in extended producer responsibility schemes in multiple markets.
Axe gained PETA approval and joined PETA's Beauty Without Bunnies program in 2024, certifying that Axe does not conduct or commission any animal tests on ingredients or finished products. However, Axe does not hold Leaping Bunny certification, and parent company Unilever sells products in markets where animal testing is required by local regulation, including mainland China. This creates a complex situation for consumers who prioritise independently verified cruelty-free status, as the brand itself is PETA-approved while the parent company is not cruelty-free.
Unilever has reduced the environmental footprint of Axe and Lynx formulations through its Clean Future programme, which aims to eliminate fossil-fuel-derived ingredients from product formulations. The Axe Fine Fragrance Collection and newer product lines have been developed with a higher proportion of nature-derived fragrance ingredients compared to earlier formulations.
In 2024, Unilever announced a strategic review of its personal care portfolio, including consideration of divesting certain brands to focus on higher-growth segments. As of March 2026, Axe remains within Unilever's Personal Care division.
Awards & Recognition
Axe has earned recognition primarily for marketing effectiveness and brand strength in the men's grooming category rather than sustainability or corporate responsibility.
- **Cannes Lions (Multiple Years):** Axe advertising campaigns, particularly the "Find Your Magic" campaign launched in 2016, received Cannes Lions recognition for effective and culturally relevant men's grooming marketing that shifted away from the brand's earlier objectification-focused advertising.
- **Effie Awards:** Axe has received Effie Awards recognising the marketing effectiveness of campaigns that connected brand identity with measurable sales performance in competitive grooming markets.
- **Brand Finance Personal Care 50:** Axe/Lynx has been ranked among the top 50 most valuable personal care brands globally by Brand Finance in annual valuations.
- **Unilever Internal Recognition:** Axe has been cited by Unilever as one of its billion-dollar brands, a designation applied to brands generating over EUR 1 billion in annual retail sales, reflecting its scale within the portfolio.
Axe Recalls & Controversies
Advertising and Gender Stereotypes: Axe's earlier advertising strategy, built around the premise that using its products would make men sexually attractive to women, attracted sustained criticism from consumer advocates and gender equality organisations from the mid-2000s through early 2010s. The UK Advertising Standards Authority upheld complaints against specific Axe (Lynx) advertisements for objectifying women. This led to a significant brand repositioning starting in 2016 with the "Find Your Magic" campaign, which emphasised individuality and self-expression rather than sexual conquest.
Aerosol Safety Incidents: Individual incidents of aerosol misuse by teenagers, including deliberate inhalation of propellants, led to safety concerns in several markets. Unilever responded with updated product labelling and consumer safety messaging. A small number of serious incidents were reported in the UK and United States between 2005 and 2015.
Lynx/Axe Fire Incident (UK, 2009): A widely reported incident involved a 12-year-old in the UK suffering burns after accidentally igniting Lynx body spray near a flame. The case raised awareness about aerosol flammability and was discussed in UK consumer safety media.
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Axe Ownership: Pros & Cons
Advantages
- +Strong brand recognition among young male consumers globally
- +Wide product range covering body sprays, deodorants, shower gels, and hair care
- +Access to Unilever's global distribution network spanning 190+ countries
- +Significant R&D investment through Unilever's research capabilities
- +Affordable pricing within the premium men's grooming category
Considerations
- -Intense competition from natural and eco-conscious grooming alternatives
- -Environmental concerns about aerosol propellants in body spray products
- -Gender-specific marketing approach may limit potential audience expansion
- -Dependency on Unilever's corporate strategy and resource allocation priorities
- -Shifting consumer preferences toward premium and niche fragrance brands
Frequently Asked Questions About Axe
Sources & Further Reading
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Axe
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Lvmh | Italy | 1916 | Luxury | Global | Unisex | |
| Procter Gamble | USA | 1983 | Mass market | Global | Womens | |
| Clorox | USA | 1984 | Premium | Global | Unisex | |
| Nexus Capital Management | USA | 2011 | Premium | United states | Mens | |
| Walmart | USA | 1986 | Mass market | United states | Unisex | |
| Procter Gamble | USA | 1937 | Mass market | Global | Mens |
Learn More About Competitors

Acqua di Parma
Owned by LVMH Moët Hennessy Louis Vuitton SE
Italian luxury fragrance and grooming brand founded in Parma in 1916, owned by LVMH since 2001 and renowned for its signature Colonia fragrance.

Always
Owned by Procter & Gamble Company
Procter & Gamble's feminine hygiene brand launched in 1983, holding approximately 27% global market share in menstrual pads and sold in more than 100 countries.

Burt's Bees
Owned by The Clorox Company
American personal care brand specializing in natural and organic skincare, lip care, and personal grooming products made with beeswax and natural ingredients.

Dollar Shave Club
Owned by Nexus Capital Management
American direct-to-consumer razor and grooming brand known for its subscription model and viral marketing.

Equate
Owned by Walmart Inc.
Walmart's flagship health and beauty private label brand with 75% U.S. household penetration, ranking as the second most popular store brand in America, offering over-the-counter medications and personal care products at affordable prices.

Old Spice
Owned by Procter & Gamble Company
American men's grooming brand known for its deodorants, antiperspirants, body washes, and distinctive nautical-themed marketing campaigns.
Competitive Analysis
Market Positioning: Axe competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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