NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (“ODDITY”) today announced the commencement of an underwritten secondary public offering of 4,000,000 of ODDITY’s Class A ordinary shares (“Ordinary Shares”) by a fund managed by L Catterton (the “Selling Stockholder”). The Selling Stockholder intends to grant the underwriters a…

There’s a personal finance trend on TikTok that is reshaping spending habits humorously, and it’s being referred to as “girl math.” . So, what is girl math all about? To put it plainly, it’s the way females rationalize their spending. Female TikTokers are explaining that in this world of girl math, cash isn’t actual currency, sale purchases equate to savings, and cosmetic procedures are considered an “investment in your future self.” . Another widely embraced girl math idea is that attending a concert is essentially cost-free since you bought the tickets so far in advance. Similarly, returning an item is viewed as a means of saving money.

On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its Il Makiage and Spoiled Child brands. . In June, PYMNTS reported that the Israeli firm, founded in 2018 by siblings Oran Holtzman and Shiran Holtzman Erel, had planned to go public on Nasdaq with the ticker symbol ODD. In July, the retailer commenced trading.  . The company uses artificial intelligence (AI) for product development and had earlier projected sales growth of about 20.5% for the three months concluding on Sept. 30.