Good Hair Day

Today is Friday, September 4th, and we begin with Wella, which, per Cosmetics Business, has filed to go public in the U.S., Wella filed for its U.S. initial public offering on August 31, according to Cosmetics Business, ending months of speculation.

A listing would move a portfolio that includes OPI and GHD out of private ownership and into quarterly public reporting, giving the category another disclosed read on salon and prestige demand.

That reporting has Wella posting net income of $2.7 million on revenue of $2.94 billion for the year ended June 30, against a net loss of $44.6 million on $2.69 billion a year earlier.

Proceeds per that filing are set to go in part to repaying debt and the tax consequences of restructuring.

Today is Tuesday, September 1st, 2026, and you're listening to Gray Journal Daily News Podcast.

WellaCo, the beauty company behind OPI, Wella Professionals, Clairol, and GHD, has filed for a U.S. IPO, according to CNBC.

Backed by KKR, the company is testing investor appetite for established beauty brands with both professional and retail channels.

Investors will focus on margins, cash flow, brand strength, channel mix, and debt levels, particularly given its private equity ownership.