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OLAPLEX Acquires Biotech Company Purvala
Globenewswire· 2025-08-26 10:55
Core Insights - OLAPLEX has announced its first acquisition of Purvala Bioscience, a Boston-based biotech company, marking a significant step in its commitment to product innovation after ten years since its launch [1][3] - Purvala focuses on developing bioinspired technologies for health and beauty, aiming to create high-performing molecules inspired by natural biological structures [2] - OLAPLEX's CEO emphasized the company's foundation on innovation and the potential to integrate Purvala's technologies to enhance its product offerings, particularly its bond-building technology [3] Company Overview - OLAPLEX, founded in 2014, revolutionized the hair care industry with its Complete Bond Technology™, which protects and strengthens hair during and after services [4] - The company has expanded its product line to include a full suite of hair health formulas, sold globally through various channels including professional and direct-to-consumer [4] - The acquisition of Purvala is expected to drive the next generation of science-backed product innovations, aligning with OLAPLEX's mission to deliver transformative results for stylists and customers [3][4]
OGX® Haircare Introduces Shay Mitchell as First Global Brand Ambassador
Prnewswire· 2025-04-07 10:45
Core Insights - Kenvue Inc. has launched a new campaign for its OGX® brand featuring actress Shay Mitchell as the global brand ambassador, focusing on hair repair solutions at competitive prices [1][2][4] - The campaign emphasizes the OGX® Bond Protein Repair line, which utilizes a patented bond-building protein to repair and strengthen hair, making it accessible to consumers seeking effective solutions without the high costs associated with salon brands [3][4] Company Overview - Kenvue Inc. is recognized as the world's largest pure-play consumer health company by revenue, with a portfolio of iconic brands including Aveeno®, BAND-AID® Brand, Johnson's®, Listerine®, Neutrogena®, and Tylenol® [6] - The company aims to empower consumers through science-backed products and has a commitment to addressing everyday health and beauty needs [6] Product Details - The OGX® Bond Protein Repair line is designed to protect and strengthen hair, featuring products like the OGX® Bond Protein Repair 450°F Heat Protect Spray, which offers protection against high heat styling [3] - The campaign includes educational content on social media, highlighting the impact of heat, color, and styling damage on hair, while promoting affordable repair solutions [2][4] Brand Positioning - OGX® positions itself as the 1 brand in hair repair, leveraging Shay Mitchell's influence to enhance brand visibility and consumer engagement [1][4] - The campaign aims to educate consumers on hair damage and effective repair methods, with expert insights from trichologist Abbey Yung [2][4]