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Olay is a well-known skincare brand that has been part of the consumer goods industry for many years. It was originally developed by South African businessman Graham Wulff and his wife, and was introduced to the market in the 1950s. Over the years, Olay has undergone several changes in ownership.

As of my last update in early 2021, Olay is owned by Procter & Gamble (P&G). P&G is a multinational consumer goods corporation that owns a wide range of other brands as well. They acquired Olay in 1985 and have since expanded the brand globally.

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Olay. Olay, previously Oil of Olay, is an American skin care line. It is one of Procter & Gamble's multibillion-dollar brands. For the 2009 fiscal year, which ended on June 30, Olay accounted for an estimated $2.8 billion of P&G's $79 billion in revenue.read more >>