Olive & June to be acquired by Hydro Flask owner for $240M

Quick Summary:

Olive & June’s founder and CEO Sarah Gibson Tuttle will remain on the team as the nail care company joins Helen of Troy’s portfolio of brands.

The brand in 2019, though, began focusing on the at-home nail care market.

In Helen of Troy’s most-recent quarter, net sales revenue fell 3.5% year over year to $474.2 million.

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Article Details

Author / Journalist: Caroline Jansen

Category: EconomyBusiness

Markets: United States

Topics: Care Olive Products Brand Helen Million Nail Revenue Year June

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 12:37:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23769112

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