NEWS FROM THE STANDARD |
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Dairy Industry Aims to Milk the Net
Jul 26 2000 11:56 AM PDT
PROFILE |
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Mary Kay is in the pink (and in Avon's shadow) as the US's #2 direct seller of beauty products. It sells more than 200 products in eight product categories: facial skin care, cosmetics, fragrances, nutritional supplements, sun protection, nail care, body care, and men's skin care. Some 800,000 direct-sales consultants demonstrate Mary Kay products in the US (80% of sales) and about 35 other countries. Consultants vie for prizes such as the use of cars (including pink Cadillacs, first given in 1969, and white sport utility vehicles, added in 1998). Mary Kay has a mostly female workforce, although it does employ some men (such as its chairman/CEO and CFO). Founder Mary Kay Ash and her family own most of the company.
COMPETITION |
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Alticor Inc. (dossier)
Avon Products, Inc. (AVP)
L'Oréal SA (LORLY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,200.00
1-Yr. Sales Growth: 20.0%
Employees: 3,600
Revenue per employee: $333,333.33
KEY PEOPLE |
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John P. Rochon
CEO
David Holl
CFO
CONTACT INFO |
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16251 Dallas Pkwy.
Addison, TX 75001
US
Phone: 972-687-6300
Fax: 972-687-1609
Online: Web Site
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