Misplaced Pages

Wella

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Wella AG is a German company specializing in hair care , styling , colorants , and other beauty products, and was founded in 1880 in Germany by Franz Ströher . Its headquartered in Darmstadt, Germany . The company was controlled by Procter & Gamble from 2003 until it was sold to Coty in 2015 along with some 40 other P&G brands. On December 1, 2020, Coty completed the sale of the Wella, Clairol , OPI and ghd brands stake to American private equity firm KKR for $ 2.5bn in cash whilst retaining 40% stake in the standalone company.

#51948

38-601: On October 1, 2021, Coty announced that it would sell an approximate 9% stake to KKR for $ 426.5 million. The deal reduces Coty's stake in the Wella, Clairol, OPI and ghd brands to around 30.6%. On November 8, 2021, Coty agreed to sell an approximate 4.7% stake in Wella to KKR in exchange for the redemption of approximately 56% of KKR's remaining convertible preferred shares in Coty. The deal reduces Coty's stake in Wella, Clairol, OPI and ghd to approximately 25.9%. KKR will continue to have

76-420: A 2.4% ownership stake in Coty on an as-converted basis. On July 18, 2023, Coty agreed to sell an approximate 3.6% stake in Wella to investment firm IGF Wealth Management for US$ 150 million. Coty will retain a 22.3% stake in Wella with an implied valuation of approximately $ 900 million. Wella was founded in 1880 by Franz Ströher , a hairdresser from Saxony , Eastern Germany. The company originally made tulles,

114-746: A portfolio of designs that were shown on live models at the House of Worth . Clients selected one model, specified colours and fabrics, and had a duplicate garment tailor-made in Worth's workshop. Worth combined individual tailoring with a standardization more characteristic of the ready-to-wear clothing industry , which was also developing during this period. Following in Worth's footsteps were Callot Soeurs , Patou , Paul Poiret , Madeleine Vionnet , Mariano Fortuny , Jeanne Lanvin , Chanel , Mainbocher , Schiaparelli , Cristóbal Balenciaga , and Christian Dior . Some of these fashion houses still exist today, under

152-490: A programme that teaches hairdressing and life skills to disadvantaged young people. The program started in Brazil and has since expanded to include Romania , Cambodia , and Vietnam and has trained over 44,800 people. In 2014, Wella patented a new molecule called ME+. This molecule is a substitute for PPD, also known as p-phenylenediamine , and PTD or para-toluenediamine which are present in most colouring products to fix

190-658: A salon-exclusive product range that let customers take professional-style products home for the first time. In the early 1970s, Wella introduced Perform a new perm product that allowed hairdressers to create Afro style looks. In 1972 they released Wella Balsam, the first shampoo specifically produced for retail sales. The advertising campaign featured the stars of TV show Charlie's Angels : Farrah Fawcett , Jaclyn Smith and Cheryl Ladd . In 1981, actress and model Brooke Shields appeared in an advertising campaign for Wella Balsam. Wella also launched For Men, their first ever product line exclusively for men. In 1995, Wella re-launched

228-399: Is an establishment or person involved in the clothing fashion industry who makes original garments to order for private clients. A couturier may make what is known as haute couture . Such a person usually hires patternmakers and machinists for garment production, and is either employed by exclusive boutiques or is self-employed. The couturier Charles Frederick Worth is widely considered

266-748: Is defined as "the regulating commission that determines which fashion houses are eligible to be true haute couture houses". Their rules state that only "those companies mentioned on the list drawn up each year by a commission domiciled at the Ministry for Industry are entitled to avail themselves" of the label haute couture . The Chambre Syndicale de la Couture Parisienne is an association of Parisian couturiers founded in 1868 as an outgrowth of medieval guilds that regulate its members in regard to counterfeiting of styles, dates of openings for collections, number of models presented, relations with press, questions of law and taxes, and promotional activities. Formation of

304-471: Is distinguished by the form of its use, such as it being used as currency. Silk fabric is composed of fibers that are produced by the silkworm mainly found in China. There are various kinds of silks, used by designers in the textile world, such as dupioni , China, brocade , Jacquard, and satin silk. These various kinds of silks are often used to produce certain styles of clothing. For example, Chiffon silk

342-578: Is the creation of exclusive custom-fitted high-end fashion design . The term haute couture generally refers to a specific type of upper garment common in Europe during the 16th to the 18th century, or to the upper portion of a modern dress to distinguish it from the skirt and sleeves . Beginning in the mid-nineteenth century, Paris became the centre of a growing industry that focused on making outfits from high-quality, expensive, often unusual fabric and sewn with extreme attention to detail and finished by

380-474: Is used to create draping due to the fact that this silk is a thinner silk than others; it allows for easier movement and flow of the fabric, thus creating an easier process for draping. Wool is the textile fiber obtained from animals such as sheep , camels , camelids , goats , or other hairy mammals . Wool was first discovered and used mainly for protection against cold weather. Not all types are acceptable or considered "fine" wool. For instance, fine wool

418-792: The German Democratic Republic dismantled the Wella plant in Apolda as part of the reparations plan enacted by the Soviet Union. The plant in Rothenkirchen was expropriated and renamed VEB Londa, becoming communal state property under the Volkseigener Betrieb . The Ströher family and some members of staff decided to start the business again from scratch on a smaller scale in Hünfeld , Osthessen under

SECTION 10

#1732790559052

456-742: The National Socialist regime due to the Nazi's economic policy and their restrictions on raw-material supplies, along with wartime conditions. As Freemasons , the Ströher brothers were actively opposed to National Socialism. During the Second World War , the Wella plant in Apolda was used to manufacture ventilation systems and equipment for submarines, no longer producing their permanent wave machines and hair dryers. After World War II,

494-535: The reunification of Germany , in February 1990 the Rothenkirchen plant was reintegrated into Wella, forming a joint venture with Londa to produce and market hairdressing products throughout Europe. In 1950, Wella introduced Koleston, the first hair balm designed to protect and nourish hair. In 1954, Hollywood icon Elizabeth Taylor appeared in Koleston advertising. In the 1960s, the company launched Wella Privat,

532-495: The Koleston line as Koleston Perfect. The new product included natural ingredients including fruit wax. 2002 saw the launch of Wella TrendVision, an annual presentation of Wella's haute couture hair collections. The event is now known as the International TrendVision Award, or ITVA: a global hairdressing competition. In 2003, Wella was acquired by Procter & Gamble (P&G), purchasing 77.6% of

570-749: The Wella Company as a stand-alone private entity based in Geneva, Switzerland. in April 2022, Wella announced it had acquired the eco-haircare brand, Briogeo from Nancy Twine . Franz Str%C3%B6her Franz Ströher (born 21 February 1854 in Oberwiesenthal ; died 1936 in Germany) was a German hairdresser and businessman. Franz Ströher worked as a hairdresser in Saxony . German Company Wella

608-677: The base used for making wigs. In 1890, he invented the Tullemoid Waterproof, a technique that allowed the scalp to breathe. In 1894, he opened his first factory in Rothenkirchen, Germany and his sons Karl and George Ströher joined the business soon after. In 1924, the Ströhers registered the name Wella at the German patent office. As wigs and hairpieces fell out of fashion , the company turned to permanent wave products;

646-693: The colour. PPD and PTD been known to cause mild to severe allergic reactions. The ME+ molecule is used in the Wella Professionals colour brand Koleston Perfect Innosense, which was the first permanent colour product to be approved by the European Centre for Allergy Research Foundation (ECARF). As of 2019 the ME+ molecule is now used in the complete Wella Professionals Koleston Perfect line. In 2015, Coty announced that they would be buying 43 beauty brands from P&G for 12.5 Billion and finished

684-603: The company for $ 3.4 billion and paying a total of $ 5.7 billion including shares, further expanding the group's beauty portfolio across Eastern and Western Europe, and Latin America. Josh Wood became a Global Wella Professionals Colour Ambassador in January 2008 and in 2010 took on the full-time role as Wella Professionals’ Global Creative Director of Colour. Eugene Souleiman currently serves as Global Creative Director for Wella Professionals. Wella founded Making Waves in 2011 –

722-528: The fabric or medium being used by designers to create an article of clothing. History of silk originated in Neolithic China within the Yangshao culture (4th millennium BC), where the " Silk worm " was discovered. The Asian elite began using silk in high fashion. As time went on, silk began to be traded leading to the creation of the "Silk Road", which was a boost to China's economy. The value of silk

760-531: The father of haute couture as it is known today. Although born in Bourne, Lincolnshire , England, Worth made his mark in the French fashion industry. Revolutionising how dressmaking had been previously perceived, Worth made it so the dressmaker became the artist of garnishment: a fashion designer. While he created one-of-a-kind designs to please some of his titled or wealthy customers, he is best known for preparing

798-533: The feel of haute couture to more wardrobes. Fashion houses still create custom clothing for publicity, for example providing items to celebrity events such as the Met Gala . Recent guest members have included the fashion houses of Cathy Pill , Gerald Watelet  [ fr ] , Nicolas Le Cauchois  [ fr ] and Ma Ke (Wuyong). In the 2008/2009 Fall/Winter Haute Couture week, Emanuel Ungaro showed as an Official Member. Textiles refer to

SECTION 20

#1732790559052

836-444: The ghd brands (placed together under the "Wella" moniker), at $ 4.3 billion, will be investing $ 1 billion directly as deleveragement alongside $ 2.5 billion in net cash proceeds when the Wella deal is closed, expected to be within the next six to nine months. The Wella business will issue around $ 1 billion of debt after the closing of the deal, distributing the proceeds to its shareholders. The deal closed on December 1, 2020, establishing

874-404: The lacemakers, ribbonmakers, fashion merchants, embroiderers, pin and needle peddlers, etc. Seamstresses did not operate public shops, unlike tailors, but instead relied on word of mouth and connections to procure high-end clientele. 18th century France witnessed a dramatic rise in clothing consumption, and scholars have documented a "clothing revolution" that occurred between 1700 and 1789. This

912-476: The latest Parisian fashion to serve as models. As railroads and steamships made European travel easier, it was increasingly common for wealthy women to travel to Paris to shop for clothing and accessories. French fitters and dressmakers were commonly thought to be the best in Europe, and real Parisian garments were considered better than local imitations. A couturier ( French: [ku.ty.ʁje] )

950-443: The leadership of modern designers. In the 1960s, a group of young protégés who had trained under more senior and established fashion designers including Dior and Balenciaga left these established couture houses and opened their own establishments. The most successful of these young designers were Yves Saint Laurent , Pierre Cardin , André Courrèges , Ted Lapidus , and Emanuel Ungaro . Japanese native and Paris-based Hanae Mori

988-402: The main source of income, often costing much more than it earns through direct sales; it only adds the aura of fashion to their ventures in ready-to-wear clothing and related luxury products such as shoes and perfumes , and licensing ventures that earn greater returns for the company. It is their ready-to-wear collections that are available to a wider audience, adding a splash of glamour and

1026-537: The merger in October 2016. Bart Becht , former Coty Chairman and Chief Executive, stated that the company would take over all of P&G's Wella management teams. In 2020, the investment firm Kohlberg Kravis Roberts (KKR) announced a 60% acquisition of Wella from Coty, appointing Annie Young-Scrivner , the previous CEO of Godiva Chocolatier , as the new CEO of the company. KKR, valuing Coty's Professional and Retail hair business, included are Wella, Clairol , OPI, and

1064-585: The most experienced and capable of sewers—often using time-consuming, hand-executed techniques. Couture translates literally from French as "dressmaking", sewing , or needlework and is also used as a common abbreviation of haute couture and can often refer to the same thing in spirit. In France, the term haute couture is protected by law and is defined by the Paris Chamber of Commerce based in Paris . The Fédération de la Haute Couture et de la Mode

1102-596: The name Ondal GmbH. Production began again in 1946 with the new business being registered as Wella AG in 1950 with the central management of the company located in Darmstadt, Hessen in West Germany . Throughout the 50s and 60s the company followed an aggressive campaign in international markets within developing countries such as Chile, Brazil, the Asian and Pacific territories as well as various parts of Africa. After

1140-416: The name Wella at the German patent office. As wigs and hairpieces fell out of fashion, the company turned to permanent wave products. In 1927, they introduced the first perming appliance and supplied it to salons. Haute couture Haute couture ( / ˌ oʊ t k uː ˈ tj ʊər / ; French pronunciation: [ot kutyʁ] ; French for 'high sewing ', 'high dressmaking')

1178-425: The name Wella was taken from Dauer wella pparat , meaning "permanent wave device" in German. In 1927, they introduced the first perming appliance and supplied it to salons. In the 1930s Wella developed the first hair dryers with built-in motors and movable tubes that allowed head movement during the drying process. Also in the 1930s, Wella introduced Wella Junior, a portable perming machine. The company suffered under

Wella - Misplaced Pages Continue

1216-542: The organisation was brought about by Charles Frederick Worth . An affiliated school was organized in 1930 called L'Ecole de la Chambre Syndicale de la Couture. The school helps bring new designers to help the "couture" houses that are still present today. Since 1975, this organization has worked within the Fédération de la Haute Couture et de la Mode . In response to the Nazi occupation of Paris , more rigorous criteria for

1254-530: The rights to make clothing for women and children, while male tailors retained the right to make clothing for men and boys over the age of 8. Within this empire, the couturières' work ranged from simple mending, to modes (fashions). They performed darning and alterations, and also made fine dresses of luxurious fabric for members of the royal family and aristocracy. Seamstresses were only one part of this complex network and process, and included domestic manufacture, imported products, and work alongside guilds such as

1292-525: The term haute couture were established in 1945. To earn the right to call itself a couture house and to use the term haute couture in its advertising and any other way, members of the Chambre Syndicale de la Haute Couture must follow specific rules: The term is also used loosely to describe all high-fashion, custom-fitted clothing, whether it is produced in the fashion capitals of London , New York City , Paris , and Milan . In either case,

1330-634: The term can refer to the fashion houses or fashion designers that create exclusive and often trend-setting fashions or to the fashions created. The term haute couture has also taken on further popular meanings referring to non-dressmaking activities, such as production of fine art and music. Haute couture can be referenced back as early as the 17th century. Industry and consumption were legally protected through guild statutes that required strict adherence to quality, quantity, etc. Women dressmakers, known as couturières , attained guild privileges in 1675. Their guild statutes made it so these women acquired

1368-411: Was also successful in establishing her own line. Lacroix is one of the fashion houses to have been started in the late 20th century. Other new houses have included Jean Paul Gaultier and Thierry Mugler . Due to the high expenses of producing haute couture collections, Lacroix and Mugler have since ceased their haute couture activities. For all these fashion houses, custom clothing is no longer

1406-463: Was characterised by the increased size and value of wardrobes across the country, even among the middling and working classes. The fashion industry sprang to life to meet increasing demand. Rose Bertin , the French fashion designer to Queen Marie Antoinette , can be credited for bringing fashion and haute couture to French culture. Visitors to Paris brought back clothing that was then copied by local dressmakers. Stylish women also ordered dresses in

1444-403: Was founded in 1880 by him. The company Wella originally made tulles, the base used for making wigs. In 1890, Franz Ströher invented the Tullemoid Waterproof, a technique that allowed the scalp to breathe. In 1894, he opened his first factory in Rothenkirchen , Steinberg , Saxony. Franz Ströher was married and his sons Karl and George Ströher joined the business. In 1924, the Ströhers registered

#51948