Welcome to our dedicated page for Oliveda Intnl news (Ticker: OLVI), a resource for investors and traders seeking the latest updates and insights on Oliveda Intnl stock.
Oliveda International, Inc. operates through Olive Tree People Inc. and European affiliates in olive-tree-based beauty, wellness, and agricultural products. Company news centers on waterless beauty formulations, hydroxytyrosol-based cosmetics, olive-leaf products, organic mountain olive tree cultivation, extra virgin olive oil extraction, and distribution through online channels and retail stores.
Recurring updates include patent activity for waterless formulations, brand and product launches such as Olive Rose hydroxytyrosol NO MAKEUP, North American and European market activity, and promotional initiatives tied to olive tree conservation, mindfulness, and the company’s waterless beauty movement.
Oliveda International, Inc. (OTC Pink: OLVI) has received an additional 63 million shares of Olive Tree People Inc., raising its total holdings to 64 million shares valued at $80 million.
The SEC has qualified a Regulation A+ Tier 2 offering to raise up to $15 million at a price of $1.25 per share. Despite this offering, Oliveda will retain approximately 84% of the Olive Tree common stock.
Proceeds will support US expansion, including flagship stores and new product launches.
Oliveda International, Inc. (OTC Pink: OLVI) has announced the acquisition of The Intuition of Nature Inc., marking it as a wholly owned subsidiary. This acquisition aims to launch a premium skin care line at accessible prices starting at $5.95 in June 2021, targeting a projected global sales figure of $100 million over three years. The product line will initially include 19 items, expanding to 55, focusing on replacing fillers with potent plant-based ingredients.
Oliveda International, Inc. (OTC Pink: OLVI) announced plans to raise up to $15 million through a Regulation A+ Tier 2 stock offering in 2021. The funds will primarily support expansion efforts in the U.S., including flagship stores in Los Angeles, New York, San Francisco, and Miami. The company aims to enhance its operations while minimizing shareholder dilution. Legal counsel has been retained to file the necessary offering circular with the SEC. Oliveda, established in 2003, focuses on natural cosmetics and operates a growing retail network.
Oliveda International, Inc. (OTC Pink: OLVI) is set to report a 40% increase in sales for 2020, despite a challenging market with lockdowns and store closures. This growth is attributed to a strong performance in online orders, exceeding industry expectations of a 20-40% decline. The company will release its audited financial results for 2018-2020 around March 31, 2021. Oliveda operates 650 retail stores and plans to expand this network significantly in the next five years.
Oliveda International (OTC Pink: OLVI) is expanding into the pregnancy beauty market following supermodel Gigi Hadid's endorsement of its products during her pregnancy. According to market research, the global pregnancy care products market was valued at over $23 million in 2019, projected to grow to nearly $42 million by 2026. Oliveda emphasizes the importance of using natural and safe skincare solutions during pregnancy and has identified key products for expectant mothers, aligning with a broader trend towards organic skincare.
Oliveda International, Inc. (OTC Pink: OLVI) announced that supermodel Gigi Hadid featured its products in a Vogue video discussing her beauty secrets. Hadid, with nearly 64 million Instagram followers, emphasized her preference for clean and natural products during her pregnancy, highlighting Oliveda's use of antioxidant-rich olive leaf extract instead of conventional water-based creams. CEO Thomas Lommel expressed optimism about the increasing interest in Oliveda's offerings, which aim to meet evolving consumer needs amid rising skin allergies. The company plans to expand its global retail presence.