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Redken’s come a long way since the launch of their first three products back in 1960.
In fact, the company was growing so fast that by 1965 Paula Kent was able to buy out Jheri’s share and become the sole owner of Redken.
The company started growing very quickly under the leadership of Paula Kent and by 1966 had crossed the $1.5 million sales mark.
Kent had been relying on bank loans to expand the operation and keep up with demand, but in 1971 she decided to tap the public markets, raising $5 million from an initial public offering of stock underwritten by the Los Angeles firm of Mitchum Jones & Templeton.
The company held its first symposium a few years down the line in 1974.
Redken hosts 500 salon professionals in 1974 – the first Redken “Symposium”
With the arrival of 1977, Paula had completely embraced the role of a successful business woman and was named among the “100 Top Corporate Women” by Business Week.
Sales reached $65 million in 1979 when its customer list totaled 13,300 salons in the United States.
In 1980, Redken became an international brand and launched in 13 countries.
By 1983 the company was generating about $13 million in international sales.
Shades EQ Equalizing Color Gloss, one of the biggest breakthroughs in haircolor, is introduced in 1983
She was going to buy it someplace," Kent told Forbes in a 1984 interview.
He became Redken's president, while John Meehan became chairman and Paula Kent Meehan assumed the title of "founder-chairman." When business fell off Mester was forced out in July 1986 and the Meehans resumed more active control.
They came to believe, according to the New York Times, that some of their competitors misused that information to discredit the company during the 1986 downturn.
Sales reached the $120 million mark by 1988, but by this time the Meehans were not happy with being a public company and decided to take the business private.
And by 1992 Paula Kent made the list as one of the “Eight Most Powerful Woman Business Owners” by Entrepreneurial Woman Magazine.
Within five years the loan was paid off and by 1993 sales reached $165 million.
In 1993, Redken is sold to beauty industry leader L’Oreal
Several months later, in January 1994, an earthquake struck the area, causing extensive damage to the facility, and Redken headquarters were relocated to New York City, the heart of the beauty and fashion industries.
The Redken Exchange, the industry’s leading resource for learning, opens its doors in 1996
In an effort to rebuild the brand, the company in 1998 ran its first television spots in a decade.
Seitz, John L., "Profile of Paula Kent Meehan," Beverly Hills Courier, December 24, 2004.
Since 2004 the company also has offered men's hair care, styling, color, and skin products.
To remain current, Redken redesigned its packaging in 2004.
Guido, Redken Global Creative Director since 2005.
Josh Wood, Redken Global Colour Director since 2017.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Revlon | 1932 | $2.0B | 5,700 | 28 |
| Chopard | - | $523.0M | 25 | - |
| TOM FORD | 2005 | $654.0M | 909 | 7 |
| Red Label Sports | 2010 | $600,000 | 30 | 1 |
| Forever Living Products International | 1978 | $445.0B | 4,100 | - |
| Cartier | 2005 | $6.2B | 650 | - |
| REVOLVE | 2003 | $1.1B | 530 | 89 |
| Franklin Covey Co | 1983 | $287.2M | 1,000 | 354 |
| Newton Running | 2007 | $5.0M | 42 | - |
| Discovery Toys | 1978 | $12.7M | 332 | - |
Zippia gives an in-depth look into the details of Redken, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Redken. The employee data is based on information from people who have self-reported their past or current employments at Redken. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Redken. The data presented on this page does not represent the view of Redken and its employees or that of Zippia.
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