Sales: $3.2 billion.
Key Personnel: Richard R. Rogers, executive chairman; David Holl, president and chief executive officer; Sheryl Adkins-Green, chief marketing officer; Thomas S. Cho, chief supply chain officer; KK Chua, president, Asia Pacific; Tara Eustace, president, Europe; Deborah Gibbins, chief financial officer; Melinda Foster Sellers, chief people officer; Kregg Jodie, chief information officer; Nathan Moore, president, North America; Ryan Rogers, board of director and chief investment officer; Julia Simon, chief legal officer and secretary; Jose Smeke, president, Latin America.
Major Products: Skin care, color cosmetics, body care, sun care and fine fragrances marketed under the Mary Kay and TimeWise brand names.
New Products: TimeWise Miracle Set 3D, TimeWise Vitamin C Activating Squares.
Comments: Sales fell 8% last year at privately-held Mary Kay, according to industry estimates.
In May, Mary Kay launched TimeWise Miracle Set 3D—the largest product launch in company history. The new skin care line takes a three-dimensional approach to premature skin-aging to defend against free radicals, to delay the onset of premature skin aging from the unavoidable environmental and lifestyle stressors, and deliver visible results of younger-looking skin in only weeks, according to Mary Kay.
“TimeWise Miracle Set 3D reflects not only years of research on the latest ingredient innovations, but also an understanding of how today’s environment impacts the look of skin aging,” said Dr. Lucy Gildea, chief scientific officer at Mary Kay Inc. “It has been known that free radicals contribute to the look of premature skin aging but it’s a broader scope of what triggers free radicals that came to light in recent years. More than just UV rays, other environmental stressors and lifestyle factors such as car exhaust, air pollution, stress and lack of sleep can lead to the production of free radicals. Since we can’t avoid these aggressors completely, our newest skin care line introduces the latest in skin science to provide powerful antioxidant protection with visible results to help defy the look of aging.”
The patented formula contains three ingredients:
- Encapsulated resveratrol, which provides antioxidant benefits in three ways;
- Vitamin B3, a brightener and antioxidant; and
- A peptide to support skin’s natural collagen and elastin for a more youthful, resilient look.
“We are proud to further expand our operations in Latin America with the opening of Mary Kay Peru,” said David Holl, president and chief executive officer for Mary Kay Inc. “As the demand for high quality products increases and the entrepreneurial spirit strengthens with the country’s economic growth, we anticipate a successful launch in Peru.”