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Thu Jan 27, 2005 6:01 pm  |
I almost hesitate to start this discussion since I remember "whitening discussions" practically taking over the board last year, but this is a news release that I read today.
Malaysia Economic News
January 18, 2005, Tuesday
331 words
TUPPERWARE TO INVEST RM7 MLN IN BEAUTICONTROL BRAND BUILDING PRODUCTS
TUPPERWARE-INVESTMENT
Nor Baizura Basri
SINGAPORE, Jan 18, 2005
Tupperware Corporation, one of the world's leading direct sellers, has allocated RM7 million this year for its BeautiControl brand building products especially for Malaysia and Singapore markets.
Its area vice president and managing director, David Wong said since the BeautiControl product line was introduced to the market in 2003, it had continuously attracted younger professionals to be involved in the business.
In 2000, the company acquired BeautiControl, an international skincare and beauty wellness company based in Dallas, in the United States, which has 20 years experience in research and development of beauty products.
"We are now in the process of developing a line of whitening products that is specially designed for Asian skin. For clinical testing alone, we have so far invested more than RM200,000," he told reporters at the pre-launch of Tupperware's new product 'Go Flex', today.
Last year, BeautiControl contributed 12 percent to the total retail sales of RM130 million.
The company expects to launch the whitening products in the second quarter of this year.
Wong is bullish on the outlook this year based on its latest products and BeautiControl division.
"I think a lot of factors are favourable in terms of market trend," he said.
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I really don't know anything else about it, but there it is.
JUDY |
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Looking young never grows old! |
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