Olaplex Holdings, Inc. (OLPX): Short Sellers Are Buying This Beauty Stock [Yahoo! Finance]
Olaplex Holdings, Inc. (OLPX)
Company Research
Source: Yahoo! Finance
The US beauty market, which is seeing major shifts in distribution and customer interaction, continues to be a key area of interest for stakeholders. Beautymatter CEO Kelly Kovack underlined that consumer-driven channels have replaced traditional distribution strategies, compelling companies to engage with customers wherever and whenever they're most comfortable. According to a report , the US beauty market is expected to grow to $114 billion by 2027. On the other hand, the prestige channel saw its third straight year of double-digit growth in 2023, rising by 14% to $31.7 billion, outpacing the mainstream market across make-up, skincare, hair, and fragrance, according to the February 2024 CEW conducted annual "Global Trend Report" virtual event. Luxury brands represent the fastest-growing segment, with sales surpassing $16 billion, although being smaller at 11% of the market. Bigelow Trading's Daina Nadler emphasized the value of multichannel distribution plans that are customize
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OLPX
News
- Insiders Buying Olaplex Holdings Might Wish They Invested More, Stock Gains 25% [Yahoo! Finance]Yahoo! Finance
- Repairing Olaplex: 3 Catalysts That Evidence A Turnaround [Seeking Alpha]Seeking Alpha
- The Rise And Significance Of Natural Texture Hairstyles On The Runway [Forbes]Forbes
- Why Shares of Olaplex Soared This Week [Yahoo! Finance]Yahoo! Finance
- Olaplex Holdings, Inc. Announces Participation in the Barclays 17th Annual Global Consumer Staples Conference on September 4th [Financial Post (Toronto, Ontario, Canada)]Financial Post
OLPX
Earnings
- 8/6/24 - In-Line
OLPX
Sec Filings
- 8/29/24 - Form 4/A
- 8/29/24 - Form 4
- 8/29/24 - Form 4
- OLPX's page on the SEC website