Company News, Financial News

Wella Company Marks First Year as Standalone Organization

Overall business is very healthy and financial performance is over-delivering, says CEO Annie Young-Scrivner.

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By: Christine Esposito

Editor-in-Chief

Wella Company is marking its one-year anniversary as a stand-alone company. Home to brands such as Wella Professionals, Clairol, OPI, Nioxin, Sebastian Professional and ghd, Wella was founded in Germany in 1880. It returned to independent operating status on in December 2020, led by KKR investing a majority-equity stake, which it has twice increased over the past year.   Despite the challenging global environment during COVID-19, Wella said it hired nearly 1,100 people.   “In our company’s f...

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