The product Virtue Flourish®, launched by the brand in 2021, has been clinically validated to safely and effectively address female hair loss issues.

In the fiscal year 2023, Hoka achieved a remarkable 58% year-on-year growth in global revenue, reaching $1.4 billion. This marks the fourth consecutive year of Hoka’s revenue growth surpassing 50%.

For Fiscal 2024, the Company expects revenues to increase approximately low-single digits to last year on a constant currency basis.

Werewool primarily utilizes protein DNA technology to develop sustainable fiber fabrics with natural colors and elasticity.

During the third quarter of the fiscal year 2023, ending on April 1st, the Greater China region recorded a growth of approximately 20%, exceeding expectations.

Shanghai Jahwa has completed another acquisition of a maternal and child company.

Estée Lauder stated that although there has been an increase in foot traffic in major shopping areas such as China’s Hainan Island and Korea, consumer spending on luxury beauty products has lagged behind.

In 2021, Koio’s sales grew by 50%, and in 2022, the company recorded another 50% growth.

Ceremonia will use this funding to expand its presence in Sephora stores across the US and plans to open a flagship store in New York City this summer.

This marks ODDITY’s largest acquisition to date.