07.13.10
Addison, TX
972.687.6300
www.marykay.com
Sales: $2.5 billion
Sales:
$2.5 billion
Key Personnel:
David Holl, president and chief executive officer; Richard Rogers, executive chairman; Timothy M. Byrd, chief financial officer and office of the chairman; Terry R. Cole, president, international supply chain management; Darrell Overcash, president, U.S. and Canada operations; Beth Lange, chief scientific officer
Major Products:
Skin care, color, body care, sun care and fragrance marketed under the Mary Kay and TimeWise brand names
New Products:
Skin Care—TimeWise Body Targeted-Action Toning Lotion, TimeWise Body Hand and Décoletté Cream Sunscreen SPF 15, Coconut Lime gift set (limited edition), pedicure set (limited edition); Fragrance—Men’s Fine Fragrance Body and Hair Shampoo (limited edition)
Comments:
Sales slipped 3% last year at privately-held Mary Kay, but maybe India can turn that around. In March, the company announced plans to expand product development and infrastructure in India. It will reportedly invest approximately $20 million for the same in the next five years. Mary Kay entered India in 2007 and currently has 4,000 direct sellers in the country.
Mary Kay’s new TimeWise Body Hand & Décolleté Cream Sunscreen SPF 15 is powered by superfruits to simultaneously target the skin on the hands and décolleté, according to the company. A patent-pending açai berry extract is combined with lipid-rich pomegranate sterols to help strengthen the skin barrier and increase hydration.
Over the years, the company has been involved in an array of programs in support of women. One of its latest is the Beauty That Counts Initiative. On sale through Sept. 15, Mary Kay will donate $1 from each sale of limited edition Beauty That Counts Creme Lipsticks to The Mary Kay Foundation in its efforts to end domestic violence.
Mary Kay products are sold in more than 35 markets worldwide, and the global Mary Kay independent sales force exceeds 2 million.
972.687.6300
www.marykay.com
Sales: $2.5 billion
Sales:
$2.5 billion
Key Personnel:
David Holl, president and chief executive officer; Richard Rogers, executive chairman; Timothy M. Byrd, chief financial officer and office of the chairman; Terry R. Cole, president, international supply chain management; Darrell Overcash, president, U.S. and Canada operations; Beth Lange, chief scientific officer
Major Products:
Skin care, color, body care, sun care and fragrance marketed under the Mary Kay and TimeWise brand names
New Products:
Skin Care—TimeWise Body Targeted-Action Toning Lotion, TimeWise Body Hand and Décoletté Cream Sunscreen SPF 15, Coconut Lime gift set (limited edition), pedicure set (limited edition); Fragrance—Men’s Fine Fragrance Body and Hair Shampoo (limited edition)
Comments:
Sales slipped 3% last year at privately-held Mary Kay, but maybe India can turn that around. In March, the company announced plans to expand product development and infrastructure in India. It will reportedly invest approximately $20 million for the same in the next five years. Mary Kay entered India in 2007 and currently has 4,000 direct sellers in the country.
Fast Fact: Company founder Mary Kay Ash was named the Greatest Female Entrepreneur in American History by Baylor University in 2003. |
Over the years, the company has been involved in an array of programs in support of women. One of its latest is the Beauty That Counts Initiative. On sale through Sept. 15, Mary Kay will donate $1 from each sale of limited edition Beauty That Counts Creme Lipsticks to The Mary Kay Foundation in its efforts to end domestic violence.
Mary Kay products are sold in more than 35 markets worldwide, and the global Mary Kay independent sales force exceeds 2 million.