Mary Kay goes to Colombia
Global Cosmetics Powerhouse to Deliver Beauty and Opportunity to Entrepreneurial-Minded Colombians.
For a global cosmetics company focused on enriching women’s lives, there may be no greater indicator of future success than opening its newest market in the home of Miss Universe. On the heels of Miss Colombia winning one of the most coveted international beauty titles, the iconic beauty brand announces its arrival inColombiaonMarch 13with the opening ofMary Kay Colombia.
The globally recognized beauty company wasfounded by Mary Kay Ash in 1963. After retirement, Ash sat at her kitchen table and wrote a list of the positive and negative things seen in her direct selling career and realized she had inadvertently created a marketing plan for a dream company – one which would provide women with unlimited potential to achieve personal and financial success. Today,Mary Kayis a$4 billioncompany with more than 200 skincare, fragrance and color cosmetics products sold by 3.5 million Independent Beauty Consultants in more than 35 countries.
«We are proud to expand our operations inLatin Americawith the opening of Mary Kay Colombia», saysDavid Holl, President and Chief Executive Officer for Mary Kay Inc. «Since Mary Kay opened inBrazilin 1998 we have seen extraordinary growth and we anticipate a successful launch inColombiaas its economy continues to thrive, the demand for high quality products increases and entrepreneurship strengthens».
Mary Kaymade an initial investment of$8 millionto start its operations inColombia.Mary Kayexecutives from the U.S.,Mexico,BrazilandArgentinaworked in partnership with Mary Kay Colombia executives in all aspects of the expansion, from market research to tailoring the Mary Kay opportunity to the Colombian market.
Mary Kayenters the market with 150 select beauty products in the color cosmetics, skin care, fragrance and body care categories. As Colombian women discover what they love aboutMary Kay, members ofMary Kay’sindependent sales force from the U.S. andMexicowill mentor leaders in the new Colombian independent sales force and help enrich the lives of women across the country.
Celebrating more than 50 years in business,Mary Kaywas named the top 10 best-selling skin care brand and the top 15 color makeup brand globally by Euromonitor International. Irresistible products. For more than 50 years,Mary Kayhas offered it all. With 3.5 million Mary Kay Independent Beauty Consultants and$4 billionin global annual sales,Mary Kayis a top beauty brand and direct seller in more than 35 markets around the world.