DS Healthcare Group to Enter China Beauty and Personal Care Market

Loading...
Loading...
DS Healthcare Group
DSKX
today announced it has signed an agreement with a distributor in China and will soon launch its products into the fast-growing Chinese beauty and personal care market. The Company expects to begin generating revenues from sales in China in the fourth quarter of this year.According to Euromonitor International, total sales of beauty and personal care products in China tripled in size from 2000 to reach an estimated $24 billion in 2010. Euromonitor projects the market will grow to $34 billion by 2015. Analysts believe this rapid pace is driven by China's fast growing middle class."We believe international expansion will be a key driver for our revenue growth in the future. Our products have universal appeal and we are ready to meet demand in an increasing number of markets. Having started to gain traction in Brazil, we are now ready to enter China," stated DS Healthcare President and CEO Daniel Khesin.DS Healthcare currently distributes its products in over 15 countries throughout Europe, Asia, the Middle East, and South America.  About DS Healthcare GroupDS Healthcare Group Inc. leads in the development and distribution of topical therapies for personal care, including what management believes is the world's most effective topical treatment for
See full press release
Loading...
Loading...
Posted In: NewsGuidanceContractsManagementGlobal
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...