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Cosmetic Product Companies Look to Expand Operations - Company Enters Agreement with Major Distributor for Sale of Beauty & Cosmetic Products in North America


News provided by

FN Media Group, LLC

Jun 02, 2014, 08:30 ET

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CORAL SPRINGS, Florida, June 2, 2014 /PRNewswire/ --

Consumer goods companies specializing in cosmetics take steps to increase production and value with partnerships and other developments: Verde Media Group Inc. (OTC: VMGI), Elizabeth Arden, Inc. (NASDAQ: RDEN), Avon Products Inc. (NYSE: AVP), The Procter & Gamble Company (NYSE: PG), Johnson & Johnson (NYSE: JNJ) and Colgate-Palmolive Co. (NYSE: CL)

Verde Media Group Inc. (OTC: VMGI) is pleased to announce that it has recently entered into a Memorandum of Understanding, through its subsidiary Beautyject Inc., with Power Shark Capital ("PSC") for the sale and distribution of its beauty and cosmetic products throughout North America.  PSC is headed by Jean Pelletier. Mr. Pelletier is an accomplished entrepreneur who has successfully founded and run numerous companies, many of which have been listed on public exchanges in Canada and the U.S. Mr. Pelletier has also acted as an advisor to numerous private and publicly traded companies during his career, and brings with him an expertise in private and public corporate finance, marketing, strategic advising and public and media relations.

To Read the Full VMGI Press Release, please go to: http://fnmprofiles.com/profiles-vmgi.html

Kevin Harrington of PSC will act as an advisor to Beautyject Inc. Mr. Harrington, who starred on the popular television show Shark Tank, is a world-renowned direct marketing expert who is widely recognized as the pioneer and principal architect of the infomercial industry. Mr. Harrington has sold more than $4 Billion worth of products through TV infomercials, commercials and other direct marketing venues. Mr. Harrington has also authored the best-selling book Act Now: How I Turn Ideas into Million-Dollar Products. Verde Media Group also just recently filed the necessary information to become current on the Pinksheets - OTCMarkets.

Elizabeth Arden, Inc. (NASDAQ: RDEN), a global prestige beauty products company, recently announced that it has signed an exclusive agreement with Wildfox Couture, the indie vintage-inspired women's knitwear designer brand, to develop and market its own line of fragrance products. "Partnering with Wildfox is an opportunity for us to expand our designer fragrance portfolio with a fast-growing fashion brand that has a strong point of view and an incredible ability to relate to the young, fashion-forward consumer," said Robin Mason, Senior Vice President of Global Fragrance Marketing at Elizabeth Arden. Based in Los Angeles, musician Jimmy Sommers, CEO and Co-Founder of Wildfox, along with the creative direction of co-founding partner Kimberley Gordon, continue to develop this lifestyle brand known for its iconic campaigns, dreamlike quality and products that tell a story, with a wide range of clothing and accessories.

Avon Products Inc. (NYSE: AVP) and Coty Inc. recently announced to have entered into a partnership by which select Coty fragrances will be marketed and sold through Avon Brazil's network of 1.5 million independent sales Representatives. Brazil, Avon's largest market, is also the largest fragrance market globally. The deal brings together Avon's extensive network of Representatives in Brazil and Coty's portfolio of celebrity and lifestyle fragrance brands in an effort to increase both companies' global fragrance market share, consumer loyalty and brand appeal in Brazil. "This commercial partnership allows Coty to expand its geographical reach and strengthen our footprint in the emerging markets, with Brazil being a key driver in our growth strategy," said Renato Semerari, President, Coty Beauty. "Avon's extensive experience in Brazil makes the company an ideal partner, and we look forward to working together."

The Procter & Gamble Company (NYSE: PG), together with its subsidiaries, manufactures and sells branded consumer packaged goods. The Beauty segment offers antiperspirants and deodorants, cosmetics, personal cleansing, skin care, hair care, hair colors, prestige products, and professional salon products under the Head & Shoulders, Olay, Pantene, SK-II, and Wella brand names. PG closed up slightly at $80.79 per share this past Friday (05/30/14) on over 7.4 Million traded by the market close.

Johnson & Johnson (NYSE: JNJ), together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics. The Consumer segment offers a range of products used in the baby care, skin care, oral care, wound care, and women's health fields, as well as nutritionals, over-the-counter pharmaceutical products, and wellness and prevention platforms.  On Friday, JNJ closed up .69% on over 5.9 million shares traded.

Colgate-Palmolive Co. (NYSE: CL), together with its subsidiaries, manufactures and markets consumer products worldwide. The company operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products comprising liquid hand soaps, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products, such as dishwashing liquids, laundry and dishwashing detergents, household cleaners, oil soaps, bleaches, and fabric conditioners. On Friday, CL closed up 2.21% on over 7.8 million shares traded.

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup. 

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by Verde Media Group Inc. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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