Coty Inc., one of the worlds largest fragrance companies, reached an agreement to acquire nail-polish maker OPI Products Inc. Terms werent disclosed, but people familiar with the situation said the price tag was about $1 billion.Coty Inc
What does OPI stand for in the nail polish?
Odontorium Products Inc. And thus OPI — it stands for Odontorium Products Inc. — was born. Weiss-Fischmanns career is the envy of many, but creating tongue-in-cheek names for bold nail polish colors like “A Grape Affair” and “A Butterfly Moment” is just a fraction of what the beauty mogul did for OPI.
Has OPI been sold?
North Hollywood nail polish maker OPI Products Inc., best known for its nail lacquers inspired by celebrities including Katy Perry, Justin Bieber and Jennifer Lopez, has been purchased by cosmetics giant Coty Inc., the companies announced Monday.
Should you match your toe and fingernail polish?
Simply put, no – you mani and pedi doesnt have to match. It should be noted that there is nothing wrong with choosing to match your mani-pedi. This could be done by applying similar shades of nail polish to your fingers and toes.
Who owns Essie nail polish?
LOreal This womans name is in more than 25,000 nail salons Her Essie brand, now owned by LOreal, is undoubtedly one of the most recognizable names in nail polish and a mainstay for millions of women who get regular manicures.
Where is OPI manufactured?
OPI has manufactured and distributed a line of popular nail polishes and has been based at its North Hollywood complex at 13034 Saticoy St. since it was formed in 1981, a Coty spokeswoman said. Manufacturing will now be done in Sanford, North Carolina, where Coty has its largest U.S. plant.
Why is essie nail polish so good?
The only nail polish thats as consistent as it is stylish Essie is known amongst nail artists and fashionistas as the creme de la creme of nails. Its diverse and impressive range of colors varies from the lightest of pinks to the deepest of reds. Its colors that remain timeless, chic, and elegant.
Does Maybelline own essie?
LOreal currently owns 51 beauty brands, including some of the most well-known names in the drugstore (Maybelline, Garnier, NYX, Essie, CeraVe). They own several professional hair care and fragrance brands as well as big names such as Lancome and Kielhs.