Wella Company Experiences Major Gains for Second Year

Wella Company, a leader in the global beauty industry, has announced year-over-year double-digit profit and growth ahead of expectations.

In fiscal year 2022, which ended in June, Wella Company reached all financial performance across the globe. 

Wella Company’s portfolio includes retail hair, nail and beauty tech brands Wella Professionals, OPI, ghd, Briogeo, Nioxin, Sebastian Professional and Clairol.

Wella Professionals leads the company’s overall portfolio growth with double-digit performance, retaining its number one share in professional color globally.

Sebastian Professional is Wella Company’s second-largest salon professional brand and achieved double-digit growth this year with gains across all key markets, driven by its care/styling hybrid products.

Nioxin continued to deliver strong performance with net revenue growing double-digit year-on-year in key regions like North America and EMEA.

The Briogeo acquisition (closed June 2022) further solidified the company’s eco-ethical haircare portfolio. 

London-based ghd (good hair day) delivered, on average, a double-digit annual growth rate over the last four years.

OPI is the number one professional nail brand worldwide and number three in U.S. retail.

Annie Young-Scrivner, CEO of Wella Company, says, “Our first two years of business have shown the enduring potential of the Wella Company portfolio—we are re-establishing category excellence in both hair and nails, and both professionals and consumers are falling in love again with our beautiful brands. Our continued strong financial performance, coupled with growth and gain in market share across all categories, even in the challenging global context, is proof that our business is just beginning to tap into its full potential.”