Business Services Industry
Thai Property Firm, Five Global Companies to Enter Cosmetics Market.
Knight Ridder/Tribune Business News, October, 2002
By Sukanya Jitpleecheep, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Oct. 3--Thailand's buoyant cosmetics industry is set to grow further with the launch of ten more brands, including one initiated by local property firm Krissada Mahanakorn.
Some have already entered the market and the rest plan to do so by the end of this year.
A source at the Thailand Direct Selling Association said Krissada Mahanakorn Co had established Beauty Essence Co to sell the Amiko brand through direct channels.
At least five new international brands will enter the market at the same time later this year, the source said, declining to identify them.
Four other brands which were launched earlier this year included local...
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