Olaplex files IPO, announces plans to enter skin care

By Sarah Parsons | Published: 31-Aug-2021
Finance

What is the future of the Advent-owned patented technology hair bond specialists?

You need to be a subscriber to read this article.
Click here to find out more.

Olaplex, the hair care brand that pioneered bond building treatments, has filed for an initial public offering (IPO) to sell US$100m worth of stocks.

Founded in 2014, the California luxury brand was acquired by private-equity firm Advent in 2019. Despite the intermittent closures of salon partners in 2020 as a result of the pandemic, which it calls 'the foundation for our brand', Olaplex

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Olaplex
See more

You may also like

Recruitment

Former Olaplex CEO moves over to head Performance Beauty Group

Read more
Wong says she will apply ‘technology-first’ thinking to accelerate growth in new role

Trending Articles

  1. Shiseido updates executive board with two new members The appointments aim to further enhance the effectiveness of the Japanese beauty giant’s board of directors
  2. The Body Shop appoints CMO and CFO to drive growth post-acquisition Penny Brook and Sally Dowling have joined the British beauty retailer’s executive leadership team, with the aim to bring the company back to its former glory
  3. L’Oréal launches fund to support supplier decarbonisation The beauty giant has joined forces with Chenavari Investment Managers on the fund, called Solstice
  4. Sephora’s ambitious plan to open 20 UK stores by 2027 The LVMH-owned retailer’s Global President and CEO, Guillaume Motte, wants to ramp up Sephora’s UK expansion plans to challenge established players
  5. Pierre Fabre Laboratories invests in skin care and supplements brand MiYé The pharmaceutical group will elevate the French start-up’s business by accelerating its R&D, brand presence and more

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

Recruitment

Former Olaplex CEO moves over to head Performance Beauty Group

Wong says she will apply ‘technology-first’ thinking to accelerate growth in new role
Hair Care

Olaplex CEO shakes up C-suite to fuel comeback

CEO Amanda Baldwin has appointed two senior leadership positions to help get the the bond-building hair care brand back on top
You need to be a subscriber to read this article.
Click here to find out more.
Regulatory

Year in review: 2023’s biggest beauty stories and headlines

These are the beauty industry news stories that dominated this year, covering bankruptcy, legal woes and a very influential doll
Hair Care

Olaplex sales continue downward spiral in Q3

The bond-building brand attributed the lowered performance during the quarter to continued poor demand for its products
You need to be a subscriber to read this article.
Click here to find out more.
Hair Care

Olaplex lawsuit: how to manage a social media crisis and save your brand reputation

As Olaplex continues to publicly battle a hair loss lawsuit, Rebecca Howlett and Iona Silverman from law firm Freeths explain how to protect your brand reputation during litigation
Hair Care

Olaplex revises 2022 guidance, sees shares plummet

The company now expects net sales for fiscal 2022 to be between US$704m and $711m
Hair Care

Olaplex sales surge during first half of 2022

New product launches form Olaplex were met with a positive reception from consumers, driving sales during the second quarter
Subscribe now