DIRS.INFO The most relevant business & tech news

☆ Why an $800 million social-commerce startup is betting on live shopping in the US and what it learned by first building a business in China
▼ + stars: | 2024-01-12 | by ( Sydney Bradley | Dan Whateley | ) www.businessinsider.com time to read: +6 min

Could live shopping finally have its moment in the US market? "The initiative really was born out of our experience in China," Reis said. In China, Douyin "took market share away from the large other platforms," Reis said. On TikTok, shopping is entertainmentThere's a reason live shopping is gaining ground on TikTok: it's captivating. "Live shopping is all about entertainment."

Persons: Julian Reis, Reis, SuperOrdinary, it's, Olaplex, Byrd, TikTok, hasn't, ByteDance, we'd, We've, " Reis, everyone's Organizations: Business, Shop, Milk, Bloomberg, Brands, QVC Locations: China, TikTok, Shanghai, Los Angeles, Douyin

☆ 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

☆ These stocks could be taken over in the next 12 months, Goldman speculates
▼ + stars: | 2023-07-21 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

The Wall Street investment bank polled its analysts about the probability of M & A activity of the companies under its research coverage. Analysts were tasked with assigning a "1" ranking to those possible targets if the probability was 30%-50% of M & A activity in the next 12 months. In a tight credit environment and amid concern about a looming recession, M & A activity saw a sluggish first half of the year. The market is expected to open up as interest rates stop rising, and the stocks on Goldman's list could have the potential to be taken over once credit becomes more available. Health care stocks Maravai LifeSciences , Quanterix Corp ., Enhabit also have a relatively high likelihood of being M & A targets in the next 12 months, according to Goldman analysts.

Persons: Goldman Sachs, Bud, Enhabit, Goldman Organizations: Companies, P Global Market Intelligence, Molson Coors Beverage, Bellring Brands, Foods, Citi, Molson Coors, Quanterix Corp

$43.00 from Nordstrom Originally $64.00 Save 33%Deal icon An icon in the shape of a lightning bolt. $42.00 from Nordstrom Originally $62.00 Save 32%Deal icon An icon in the shape of a lightning bolt. $77.00 from Nordstrom Originally $96.00 Save 20%Deal icon An icon in the shape of a lightning bolt. $140.00 from Nordstrom Originally $184.00 Save 24%Deal icon An icon in the shape of a lightning bolt. $32.00 from Nordstrom Originally $56.00 Save 43%Deal icon An icon in the shape of a lightning bolt.

Persons: you'll, Charlotte Tilbury, we've, Kiehl's Creme, Bobbi Brown, it’s, Charlotte, Jo Malone, Jo Malone London’s, Suede, Wood, Kate Somerville, Dyson, Augustinus Bader, Mascara Organizations: Nordstrom, skincare, nab, Triple, Oil

While we've been keeping tabs on the best Prime Day deals, we're seeing a handful of exceptions where rarely discounted products are dropping to incredible prices. The 12 best rare Prime Day deals ending soonDeal icon An icon in the shape of a lightning bolt. It rarely sees price drops, but right now it's down to only $17 in a rare deal for Prime Day. Help keep your pup cool anywhere with this dog bath that's 20% off during the second day of Prime Day. Prime Day officially lasts from July 11 to 12 — that means most of these deals will end tonight at 11:59 p.m. PT.

Persons: we've, Bowser's Fury, Vera Bradley Microfiber, Vera, Collar Organizations: Razer, Deal, Belkin, Amazon, Nintendo, Walmart, Bands Locations: Cha Kyusu, Birch

I use Cetaphil Gentle Skin Cleanser and Dr. Barbara Sturm’s Hyaluronic Serum and The Good C Serum. She has a personal line of products called Katalaya Skin Care; right now I’m using her Rejuvenating Moisturizer. When I want to make it look like I’ve slept well, I’ll mix my foundation in with my moisturizer for light coverage. I love the Dior Forever Skin Glow Foundation because it looks like skin and it doesn’t take much for it to seamlessly blend. I’m somebody who takes excess blush and puts it on my eyes, so right now I’m using Dior Rouge Blush in Grand Bal.

Persons: I’m, Barbara Sturm’s, Pearl Grimes, I’ve, Rouge, Rosemary Lavender Organizations: Rouge Dior, Foods Locations: Aveeno, I’m

Unlike Prime Day, where you must be an Amazon Prime member, anyone can take advantage of Walmart Plus Week. To compare the Walmart Plus Week deals to Amazon, visit our best Prime Day deals live blog. Walmart is holding a competing Prime Day sale called Walmart Plus Week. Do I need a Walmart Plus subscription to get Walmart Plus Week deals? Walmart Plus Week started with early access deals for Walmart Plus members on July 10.

Persons: Price Dyson, Dyson, Price, Opal Organizations: Walmart, Amazon, Glide, Price Samsung Galaxy, Samsung Galaxy, Android, Price GE, Deal, Monitor, Amazon Prime

Prime Day 2023 ends tonight and we're still working hard to round up all the best deals of day 2. Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date. Even with a newer C3 model out this year, this remains a better value, especially at this current Prime Day deal price. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day.

Persons: we're, we've, snagging, We're, I've, Sarah Saril, you've, we'd, We've, they're, it's, Amazon’s, eero, You'll, Apple, Bose, AirPods, Price, Price Roku, Dolby, Max, Price Casper, Casper, Coop, it’s, It's, Rich, wicks, Price Bowflex, Garmin Venu, Venu, you’ve, Luna, Riley C.E.O, Sunday Riley, It’s, Murad Retinol, Kit Burt's, Kit, They're, Snuggies, Elaine Benes, Kenneth Cole, Steven Madden, Martens, Ray Bans, Vines, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Now's, JW Pei, Price Honeywell, Price Apple, Price Arlo, we’ve, fryer, Bento, bento, you'll, LaCroix, seltzer, Foodi, Fryer, Pro Air Fryer, Price Dyson, Dyson, Hoover, Decker, Bissell, Price Dell, Price LG, Ed, Swift, Zelda, Price Hori, Con Organizations: Tech, Apple, Amazon, Prime, Black, Alexa, Amazon's, Echo Studio, Music, Price Apple, Price Sony WH, Sony, Samsung, LG, Walmart, Casper, Health, Bands, Price Garmin, Garmin, OSHA, Optimum, Theragun's, Amazon Prime, Sunday, Panasonic, frizz, Amazon Deal, GAP, Adidas, Chelsea, Deal, Navy, Columbia, Honeywell, Energy, Steam, IRIS, GE, Oster Digital, Fryer, Oster, OmieGo, ICE, Pro Air, ICM, Deal LG, Fire, Price LG, PlayStation, Google, Price NVIDIA, HP, Price Samsung, MacBook Air, Asus, Mobile, Lenovo, Intel, AMD, Monitor, Seagate, Dell, Monitor Samsung, ASUS, Gaming, EA Star Wars, Star, Nintendo, Gray, Super Nintendo Entertainment Locations: Siena, Birch, Sol, Colombia, Cha Kyusu, sharpener, Whynter, it's, It's

We're also in the middle of Walmart+ Week, a big sales event taking place both on Walmart's website and in stores. Here are some of the best Walmart+ Week deals we've found so far from our favorite brands. The best Walmart+ Week deals you can buy right nowDeal icon An icon in the shape of a lightning bolt. $198.00 from Walmart Originally $499.00 Save 60%Is Walmart holding a sale during Amazon Prime Day 2023? Do I need a Walmart+ subscription to get Walmart+ Week deals?

Persons: We're, we've, Price, Dyson Organizations: Amazon, Walmart, Glide, Monitor

And unlike Amazon Prime Day, Walmart+ Week sales are open to all customers, even if you don't have a Walmart+ subscription. Here are some of the best Walmart+ Week deals we've found so far from our favorite brands. And to see how Walmart+ Week compares to Amazon Prime Day, make sure to check out our best Prime Day deals live blog. During Walmart+ Week 2023, it's down to $599 for the king size, which is $30 less than Amazon's deal price. What deals should I expect from Walmart during Walmart+ Week 2023?

Persons: we've, Price, Dyson, Opal Organizations: Walmart, Amazon, Amazon Prime, Glide, Price Samsung Galaxy, Samsung Galaxy, Android, Price GE, Deal, Monitor

☆ 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.

☆ Who is trans advocate Dylan Mulvaney?
▼ + stars: | 2023-04-13 | by ( Scottie Andrew | ) edition.cnn.com time to read: +7 min

She became famous on TikTok, where she pivoted from musical theater to advocacy when she came out as trans. But when she started posting videos sponsored by Bud Light, Olay and Nike, her accounts became flooded with anti-trans hate. After cultivating a sizable following during the pandemic, Mulvaney came out as a trans woman in March 2022. From time to time we produce unique commemorative cans for fans and for brand influencers, like Dylan Mulvaney. Mulvaney says she tries to tune out anti-trans hateDylan Mulvaney presented an award at the PFLAG National 50th Anniversary Gala in March.

☆ The Social Media Rise and Crash of Olaplex
▼ + stars: | 2023-04-06 | by ( Chavie Lieber | Sara Ashley O Brien | ) www.wsj.com time to read: 1 min

Even by the light-speed standard of social media, Olaplex had a fast rise—and suffered an even quicker backlash. Founded in 2014, the hair-care company built a following with salon treatments whose bond-building technology addressed common hair complaints: split ends, breakage, frizz and color damage. Olaplex became a byword for hairstylists and beauty influencers, leading the company to make a consumer product line and a splashy Wall Street debut.

☆ Olaplex is losing top employees as it faces falling sales and a hair-loss lawsuit
▼ + stars: | 2023-04-06 | by ( Alex Bitter | Sindhu Sundar | ) www.businessinsider.com time to read: +6 min

Eight top Olaplex employees have left the company since October, Insider has learned. Her LinkedIn profile says she joined the online-game company Big Fish this year as vice president of people and culture. Kathy Lewis, Olaplex's vice president of education, had been on "contracted sabbatical" since December, according to her LinkedIn profile. The hair-care brand Wella said in a LinkedIn post last week that it hired Lewis as the vice president and global head of education. Olaplex grew its head count over the following year to 174 employees, according to its 10-K filing in February.

☆ 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.

☆ Another 70 Olaplex customers just joined the hair-loss lawsuit against the trendy hair care brand
▼ + stars: | 2023-03-03 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Dozens more customers have joined an ongoing lawsuit against the TikTok-famous brand Olaplex. More than 100 customers now say in an amended suit that they suffered physical injuries like hair loss. Olaplex has said clinical tests have shown its hair products to be "safe and effective." Dozens of customers have joined an amended complaint filed Thursday night in California federal court, adding to a rising volume of allegations that Olaplex products can cause hair loss and scalp problems. "However, Olaplex products do not cause hair loss or hair breakage."

☆ 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?"

☆ Premarket stocks: Don't underestimate the American shopper
▼ + stars: | 2023-02-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

All that extra cash should support strong spending through February and perhaps March, said Bank of America analysts. That means the Fed may use the strong data as an excuse to keep hiking interest rates. Recession risk may be deferred, but it certainly hasn’t dissipated.”PPI, housing starts and bald spots: What investors are watching today▸ Thursday morning brings two big data releases: The January Producer Price Index and housing starts. ▸ Housing starts, a measure of new home construction, have declined every month since August. Housing starts are expected to decline slightly.

☆ Olaplex fights back against lawsuit accusing the buzzy brand of causing hair loss
▼ + stars: | 2023-02-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Olaplex, facing a new lawsuit over its hair products, said tests show its products are safe. The brand, a staple in TikTok hair care routines, posted "third-party" test records on its website. "As such, there is no induced inflammation to the hair follicle, which is the primary cause of hair loss." The test reports that Olaplex posted were issued by a number of laboratories including BioScreen Testing Services Inc., Consumer Product Testing Company, and Brazil-based Allergisa Pesquisa Dermato Cosmética Ltda. A representative for Olaplex said on Wednesday that the HRIPT reports are "industry standard and reflect the use of Olaplex products under real world conditions."

☆ Olaplex sued for allegedly causing hair loss and bald spots
▼ + stars: | 2023-02-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ Olaplex hit with lawsuit by customers accusing the buzzy brand of causing hair loss, downplaying complaints
▼ + stars: | 2023-02-10 | by ( Sindhu Sundar | Azmi Haroun | ) www.businessinsider.com time to read: +4 min

Insider has previously reported on Olaplex customers who said they experienced hair loss and got refunds. "OLAPLEX products do not cause hair loss or hair breakage," a spokesperson for the company told Insider in a statement. Insider has previously reported on customers alleging that they experienced hair loss after using Olaplex products and reported that some had even received refunds. Olaplex's statement added that there are "a wide variety of reasons for hair breakage or hair loss," calling the allegations in the lawsuit, "baseless accusations." "Defendants have been dismissive of their customers' hair loss, instead describing hair shedding as normal and unavoidable and attributing the hair loss to a long list of other potential causes," they wrote.

☆ Olaplex customers just filed a lawsuit alleging hair loss. See how other consumer suits have played out.
▼ + stars: | 2023-02-10 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +8 min

Olaplex has been sued by customers who alleged its products damaged their hair and scalp. Companies like Thinx, P&G, and Unilever have set aside millions of dollars to settle consumer suits. The suit's allegations follow a pattern familiar in other consumer lawsuits, which have also targeted companies' advertising and the ingredients in their products. In that case, customers said Devacurl's curly hair products contained ingredients that released formaldehyde and caused skin irritation, and said the company had quietly changed ingredients and formed a committee to handle negative publicity. Devacurl has said on its settlement website that it "vigorously denies" claims of health problems like hair loss and scalp problems.

Search resuls for: "Olaplex"

25 mentions found