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Top related persons:
JuE Wong - 2 Wong - 2 Olaplex - 2 Amanda Baldwin - 1 — - 1 John P - 1 Bilbrey - 1 Jefferies - 1
Top related locs:
California Wall Silicon
Top related orgs:
Service - 2 Olaplex - 1 LinkedIn - 1

Search resuls for: "JuE Wong"


7 mentions found


☆ Olaplex's CEO, who once said hair loss complaints are 'sadly, a fact of life in our industry,' steps down
  + stars: | 2023-10-12 | by ( Gloria Dawson | ) www.businessinsider.com   time to read: +3 min
Olaplex CEO JuE Wong is stepping down and resigning from the haircare brand's board. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementOlaplex Holdings CEO JuE Wong is stepping down after a tumultuous three years at the helm of the haircare brand. Then, some customers shared complaints online saying the products were causing their hair to fall out. AdvertisementAdvertisementA group of customers sued Olaplex in California, claiming its products caused "serious" problems including hair loss and scalp damage.
Persons: JuE Wong, Amanda Baldwin, Wong, —, John P, Bilbrey, Olaplex, Jefferies, Baldwin Organizations: Service, Olaplex, LinkedIn Locations: California
☆ Olaplex is losing favor with its most critical ambassadors – hairstylists
  + stars: | 2023-08-08 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
Olaplex is losing ground with hairstylists, a key source of new customers for hair care products. The brand's sales through stylists fell 61% during its second quarter, which ended in June. But according to Olaplex, stylists play an outsized role in growing sales. One of them was a lawsuit, in which about 100 Olaplex users claimed that the company's products had caused hair loss and other damage. Other products that claim to strengthen users' hair have also appeared on the market, increasing competition for Olaplex products.
Persons: Olaplex, JuE Wong, Wong Organizations: Service Locations: Wall, Silicon
☆ Olaplex CEO Jue Wong Celebrates Her Asian Heritage
  + stars: | 2023-05-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOlaplex CEO Jue Wong Celebrates Her Asian HeritageFor Asian American Pacific Islander Heritage Month, Olaplex CEO Jue Wong urges the community to help others while also pushing yourself.
☆ Olaplex is launching a serum for your eyelashes as it faces slumping sales and a lawsuit
  + stars: | 2023-03-28 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
Olaplex is launching an eyelash serum, its first product outside of hair care. Olaplex is trying to stoke growth as demand for its hair care products wanes and it faces a lawsuit. The hair care brand is launching a serum designed to strengthen your eyelashes, Women's Wear Daily reported on Monday. But for 2023, sales from products like the lash serum will be small and outweighed by falling demand for Olaplex's core hair care products. In response, CEO Wong has said that Olaplex products are safe, and that the complaints are "a fact of life in our industry."
☆ 3 things plaguing Olaplex that have nothing to do with the hair loss lawsuit
  + stars: | 2023-03-20 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +4 min
Olaplex is facing a lawsuit from users claiming the products made their hair fall out. The hair care brand is defending itself against a lawsuit from a growing number of users who claim that the company's bond-building products damaged their hair. Olaplex is investing in sales and marketing campaigns to boost sales — a move that risks disappointing investors focused on the company's profitAs a young brand, Olaplex kept its marketing and sales budgets slim. "However, [Olaplex] is now recognizing the need to invest in marketing and sales to support growth," the TD Cowen analysts said. A full set of Olaplex products costs $240 on the company's website.
☆ Olaplex sales plunge as the trendy hair care brand faces growing competition and a lawsuit
  + stars: | 2023-02-28 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +2 min
Olaplex's fourth-quarter sales fell nearly 22%, and the company expects the declines to continue into 2023. Net sales at the hair care brand fell nearly 22% to $130.7 million during the fourth quarter of 2022. The company's stock is down 76% since its September 2021 IPO. Olaplex faced competition from new bond-building hair care brands during the quarter, CEO JuE Wong said during the company's earnings call on Tuesday. "However, Olaplex products do not cause hair loss or breakage," she added.
☆ Olaplex CEO says hair loss complaints are 'sadly, a fact of life in our industry' as she's slammed with a new lawsuit and PR nightmare
  + stars: | 2023-02-17 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
JuE Wong said that Olaplex's hair care products are "safe and effective" in a LinkedIn post. The company is facing a lawsuit that claims Olaplex products damaged some customers' hair. But JuE Wong, Olaplex's CEO, said in a LinkedIn post on Thursday that Olaplex's products are not to blame for those problems. She quoted recent articles on Olaplex, including Insider's coverage, which say that a direct connection between the products and effects like hair loss are hard to prove. A Facebook group called "Olaplex Hair Loss/Hair Damage?"
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