Radar > 222393

Mary Kay enters Colombia aiming to expand its retail business

Mary Kay llega a Colombia con el fin de ampliar el negocio de venta directa

Intel ID : 222393
Synopsis

Mary Kay, a US-based cosmetics retail company, will expand its business in Colombia. The objective is to open headquarters in Bogota and expand throughout Latin America.

The company's business model is direct sale, and it will participate in a market which already has other brands present.

The company has 3.5 million Independent Beauty consultants in more than 30 countries.
(content in spanish)

La empresa estadounidense Mary Kay, dedicada a la venta de productos cosméticos, ampliará su negocio en Colombia. La intención de la compañía es abrir una sede en Bogotá y con ello ampliar su presencia en Latinoamérica.

El modelo de negocio es de venta directa, lo que proporcionará una participación en el mercado colombiano junto con otras marcas ya presentes en dicho mercado.

La compañía tiene 3,5 millones de consultoras de belleza independientes en más de 30 países en el mundo.

Bidder

Mary Kay
United States

Intel ID 222393
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Healthcare, Hygiene, Medical Aesthetics and Cosmetics (Primary)
Primary Sector (TTRSC)
15.04.01 Cosmetics & Perfumes
15 Consumer Products & Services / 15.04 Consumer Nondurables

Secondary Sectors (TTRSC)
15.01.01 Accessories
15 Consumer Products & Services / 15.01 Apparel & Accessories

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.