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On Wednesday, Oddity Tech, the Israel-based parent company of makeup brand Makiage and Spoiled Child, a skin care line, started trading on the Nasdaq under the symbol ODD.
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Oddity Tech said on Monday it was targeting a valuation of $1.92 billion in its US initial public offering (IPO), more than 13 percent higher than what it was previously seeking.
Israel-based Oddity Tech will seek a valuation of up to $1.7 billion in its US initial public offering (IPO), the beauty and wellness products company said on Monday.
Israel-based beauty tech company Oddity filed a registration statement with the US Securities and Exchange Commission for an initial public offering under the ticker “ODD” this week. The number and price of shares to be offered is yet to be determined.
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Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.
Fashion’s enfant terrible is trading exclusivity for the mass market. Is it the ultimate fashion coup, or the final surrender of prestige?
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