In Q1, Olaplex Holdings, Inc. announced net sales of $98.9 million, marking a 13% decline year-over-year. Despite this, Olaplex continues to forecast full-year net sales between $435 million and $463 million, representing a potential decline of 5% to an increase of 1% year-over-year.
New Appointments
Dunleavy has previously held roles at Away, Nike, Comcast, NBCUniversal, and GE. Gohman has a background with L’Oréal, Ralph Lauren, Coach, and Marc Jacobs.
"I am thrilled to welcome these two talented executives to Olaplex as we continue developing a strategy designed to harness Olaplex's many strengths and enable our company to achieve its true potential," says Amanda Baldwin, CEO of Olaplex.
Baldwin adds, "Catherine is a proven leader with a strong track record of executing high-impact strategic, operational, and financial initiatives at scale at some of the world’s most recognizable brands. Katie’s marketing and creative acumen will be instrumental in our efforts to maximize the power of the Olaplex brand and empower and enable the success of our stylist community. I am honored to work with each of them as we deliver on the priorities aimed at generating consistent sales and profit growth."
Dunleavy comments, "I am honored and privileged to join Olaplex, a company well-known for creating innovative and superior products through a differentiated science-based approach. Olaplex is at an important stage of its evolution, and I can’t wait to help build on the work to date to unlock the company’s tremendous potential."
Gohman shares, "Olaplex has successfully differentiated itself as a leader in the prestige hair care category, and I am excited to join at such a significant moment for the business. I look forward to working with the talented Olaplex team to ensure our customers and network of stylists can best benefit from the extraordinary technical foundation of our products."
Published By Maria A. Jaén
