OLAY is American.

In the 1950s, chemist Graham Wulff discovered that his wife Dinah was allergic to the thick, waxy beauty cream she was using in a can of shoe polish. Very frustrated. The creams made her skin look oily. Graham wanted to create a product for his lover that would moisturize her skin and make her feel beautiful and feminine at all times.

Graham worked with Dinah on tweaks, including the product’s absorbency and texture, its pink hue, and its recognizable aromatic scent. Finally, Oil of OLAY Beauty Fluid was born.

Extended information:

As the brand began to sell its products in international markets, the company decided to modify the name of the product in each country to make it sound satisfactory and realistic to consumers. This resulted in the different imported names of Olay Oil (UK and Ireland), Olay Oil (Australia) and Oraz Oil (France, Italy, the Netherlands and Germany).

In November 1970, Richardson-Merrell Company acquired Adams National Industrial Company, and OLAY ushered in the second change of ownership in history. Richardson & Murrell capitalized the brand's "Oil" and also added "Beauty Fluid" to help protect the trademark. At the same time, they further increased their sales force and created television commercials.

During this period, although OLAY's sales increased significantly, however, like many brands, business management was not unified, resulting in differences in performance across countries. This directly led to OLAY changing owners three times - in 1985, P&G acquired Richardson Murrell Company and officially took OLAY under its ownership.

Baidu Encyclopedia-OLAY