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Olaplex Sales Fall, But Company Says Recovery Is on Track

Sales in speciality retail stores rose 22.4 percent, but were dragged down by poor performance in its professional and direct-to-consumer channels.
Olaplex is known as the prestige hair category creator.
After going public in September 2021, Olaplex was considered the industry’s crown jewel. (Olaplex)

Olaplex showed signs of recovery with strong sales from Sephora and other stores in the second quarter, but those gains didn’t make up for a continued slide in its direct-to-consumer business.

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