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30 Nov

Olaplex Sales Drop 30 Percent in Third Quarter –

Olaplex Sales Drop 30 Percent in Third Quarter –
Olaplex’s woes have continued into the third quarter. The hair care brand, once the category’s darling, culminating in a 2021 IPO, has seen sales proceed to slip. Net sales for the quarter ended Sept. 30 fell 30 percent year-over-year to $123.6 million. Specialty retail, previously the brand’s largest channel, saw sales fall 41.8 percent from the prior 12 months, to $43.2 million. Skilled and direct-to-consumer channels were $48.3 million and a $32.1 million within the quarter, respectively.  Net income fell 66.5 percent to $20.4 million, and adjusted net income dipped 54.5 percent to $33.4 million, for the quarter. The corporate has narrowed its guidance, expecting $450 million to $460 million in net sales for the complete 12 months. Olaplex had previously projected $445...
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7 Jul

EXCLUSIVE: Heristoria Unveils Second Drop of Revamped Archival Pieces

EXCLUSIVE: Heristoria Unveils Second Drop of Revamped Archival Pieces
OUT OF OFFICE: LVMH Moët Hennessy Louis Vuitton’s platform for archival and historical pieces Heristoria is showcasing its second chapter in Paris until Sunday. Based on Heristoria chief executive officer Gérosine Henriot, this second chapter was inspired by a visit to the Officine Générale Buly outpost within the Marais, situated in a constructing that was once the Rudier foundry where artists like August Rodin and Antoine Bourdelle had their sculptures forged. “Softness and calm reign supreme on this timeless place and this immediately evoked a way of unavailability, symbolized by the expression ‘out of office’ today,” said the manager. Provided that “Out of Office” moniker, the 31-piece selection is a nod to escapism and explores a five-decade range between 1970 and the 2010s. On...
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11 Jun

First Have a look at the Latest Drop from

First Have a look at the Latest Drop from
Latest Balance is able to take the wraps off the third season of its Made in USA collection designed by buzzy designer Teddy Santis. Within the spring of 2021, Santis, founder and inventive director of Latest York-based Aimé Leon Dore, was named by the Boston-based sports brand because the creative director of its Made in USA brand, Latest Balance’s designation for product that has a domestic value of 70 percent or more. The newest edition of the gathering, a spring/summer line, might be released in three drops starting on June 16. The primary will feature a limited-edition 990v6 quickstrike sneaker in a suede/mesh construction in shades of limestone and magenta. Shortly after, a 990v4 and a 998 pack might be offered in...
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21 May

Bad Birdie to Drop First Comprehensive Women’s Golf Collection

Bad Birdie to Drop First Comprehensive Women’s Golf Collection
It’s not a stretch to say that Bad Birdie is a bit irreverent — the tagline for its latest women’s golf collection is: “Women’s golf apparel sucks. Bad Birdie has modified that.” The Scottsdale, Arizona-based brand launched six years ago with a goal to disrupt the staid men’s golf market. Its loud and colourful designs quickly made a mark with green-grass shops in addition to big-box sporting goods retailers on the lookout for a more-contemporary alternative to the larger, conservative golf brands. And now, Bad Birdie is popping its attention to women. This week, the brand will release its first-ever women’s capsule, a large 41-piece collection that Allison Lippincott, lead designer, predicts “will turn the ladies’s golf apparel market the wrong way...
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