About Olay

Olay is an American skin care line. It is one of the top skin care retail brands in the world, except for Japan, and is one of Procter & Gamble's multi-billion dollar brands. For the 2009 fiscal year ended June 30, Olay accounted for an estimated $2.8 billion of P&G's $79 billion in revenue.Olay originated in South Africa as Oil of Olay. Graham Wulff (1916-2008), an ex-Unilever chemist from Durban, started it in 1949. The name 'Oil of Olay' was chosen by Wulff as a spin on the word 'lanolin', a key ingredient.It was unique in the early days because it was a pink fluid rather than a cream, packaged in a heavy glass bottle.

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