Mary Kay launches new subsidiary in India.
INDIA: Mary Kay Inc. has launched a new subsidiary, Mary Kay Cosmetics Pvt. Ltd., based in Gurgaon near New Delhi. Mary Kay Inc. will invest approximately $20 million in India during the next five years, with the first phase focused on New Delhi, Chandigarh and Ludhiana.
The Mary Kay company also plans to open its first beauty center in New Delhi in Saket. At launch, the Mary Kay product lines will feature more than 60 skin care and color cosmetics products, with additional products planned in early 2008.
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|Publication:||Household & Personal Products Industry|
|Date:||Oct 1, 2007|
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