Though there experience a global meltdown of economy, the beauty products is earning quite a rosy economy in the country, informed Manila Times. Despite of such a vast down fall of economy all around the world, cosmetic and beauty care products have making a good amount of income told by many manila sellers.
A sales development and education manager of the local unit of US cosmetics manufacturer, Kristine Joy Santos comments that people of Manila do not want to show their hard conditions on their face. These comments shows that this year there have been increased sales of cosmetic products.
Some more information makes a clear comment on the issue that one of the owner Mary Kay Philippines has strike the peak till the end of this year gaining 30 percent more as compared to annual sales target.
One of the product specialists of Ever Bilena informed that their company is in profit this year more then last year. In anther case, Lenny Ragasa of Beauty Lane Philippines which is a local distributor of US manufactured beauty products like waxes, nail polish and eyelash and eyebrow accessories also influenced their American suppliers those were just two years old.
Every coil as its other side and so some of the beauty products sellers also experienced crunch this year.
With the rise of rice prices in initial part of the year Baro complained that there was a slight drop down in sales of Ever Bilena products. He also added that the prices were increased a little as the company imports their products from France, Germany, Luxembourg, Taiwan and China.
To it Ragasa added that beauty lane is maintaining its current price. She also informed that Beauty Lanes now includes freight charges from beauty salon where products are delivered.
The sellers also said that the price reaches to normal state if not doing better these days. Due to good sales, one of the seller Mary Kay Philippines spread the local line product of anti-acne products this year and products line for men last year, Santos told.
The overall beauty product company manufacturing imported make-up, lotion, perfumes, scrubs and anti-ageing, facial and skin care products for women are earning to their best. Thus, though the crisis summons the situation of loss and deprivation, beauty Products Company is coming up with best of their profit.