Jamie Matusow, with Joanna Cosgrove11.01.19
Update: Mary Kay ranks at #19 on our latest report Top 20 Global Beauty Companies 2020.
Mary Kay is #17 on this year's list of Top Global Beauty Companies.
Below is a look at the company's 2019 highlights, recent acquisitions, best-selling brands and latest innovations.
Beauty Sales
$3.4 billion (est.)
Key Personnel
Major Products/Brands
Skincare, Color Cosmetics, Fragrances, Body Care, Sun Care, marketed under the Mary Kay and TimeWise brand names.
New Products
Comments
Mary Kay turned 55 in 2018, and the company is going strong with sales estimated at $3.4 billion for the year. In sync with the momentous anniversary and to support future growth for made-in-America products, the company announced the opening of the Richard R. Rogers Manufacturing/R&D Center, a new U.S.-based global manufacturing and research and development facility in Lewisville, TX. It is named in honor of company co-founder, executive chairman and the son of Mary Kay Ash. The Center will support Mary Kay’s needs in producing skincare products, color cosmetics and fragrances for millions of beauty consultants in nearly 40 countries. In June, the facility earned LEED Silver Certification.
“The opening of the Richard R. Rogers Manufacturing/R&D Center marks an exciting milestone in our company’s 55-year history,” explained David Holl, president and CEO for Mary Kay Inc.”
He added: “Approximately 75% of our current business is overseas and more than 50% of Mary Kay products produced at our U.S. manufacturing facility are exported to our international markets. As an innovation leader, this new facility will also allow us to continue producing best-in-industry products today, while practicing sustainability for the future.”
Back in New York City, the multibillion company celebrated its anniversary by partnering with the Museum at The Fashion Institute of Technology (FIT) to unveil a special exhibition, “Pink: The History of a Punk, Pretty, Powerful Color.” The exhibit sought to honor the history of the color that Mary Kay has been associated with for more than 50 years.
The global direct seller also celebrated 50 years of an American icon—the Mary Kay pink Cadillac—by unveiling the newest addition to its career car fleet: the all-new Mary Kay pink Cadillac XT6. Since the inception of the Mary Kay Career Car Program in the U.S., more than 165,000 top-performing independent sales force members have qualified or re-qualified for the use of a Mary Kay career car with nearly 24,000 earning the use of a coveted Mary Kay pink Cadillac. Today, there are more than 4,000 Mary Kay career cars on the road nationwide.
2019 Highlights
Mary Kay presented findings on an antioxidant complex that delays the premature signs of aging related to the damaging effects of diesel exhaust particles. This breakthrough technology, found in the Mary Kay TimeWise Miracle Set 3D skincare line, is said to provide a powerful free-radical regimen with an exclusive, patent-pending, three-dimensional approach to skin aging.
“Mary Kay scientists spent years researching the latest ingredient innovations to develop our newest skincare collection that defends against free radicals and helps delay the onset of premature skin aging from unavoidable environmental and lifestyle stressors such as car exhaust and air pollution,” said Dr. Lucy Gildea, senior vice president-chief scientific officer.
The Direct Selling Association honored Mary Kay with the DSA Product Innovation Award for TimeWise Miracle Set 3D.
In May, Holl was ranked among the top 10 most reputable chief executives in the world according to the Reputation Institute’s CEO RepTrak 2019.
Read Next: Colgate-Palmolive is #15
Mary Kay is #17 on this year's list of Top Global Beauty Companies.
Below is a look at the company's 2019 highlights, recent acquisitions, best-selling brands and latest innovations.
Beauty Sales
$3.4 billion (est.)
Key Personnel
- Richard R Rogers, executive chairman
- David Holl, chairman and chief executive officer
- Sheryl Adkins-Green, chief marketing officer
- K.K. Chua, president, Asia Pacific region
- Tara Eustace, president, European Region
- Nathan Moore, president, North America region
- Jose Smeke, president, Latin American region
- Dr. Lucy Gildea, senior vice president-chief scientific officer
- Katherine Weng, general manager for China
Major Products/Brands
Skincare, Color Cosmetics, Fragrances, Body Care, Sun Care, marketed under the Mary Kay and TimeWise brand names.
New Products
- TimeWise Miracle Set 3D
- Skinvigorate Sonic Skin Care System
- Mary Kay Matte Lipstick
- Mary Kay Chromafusion Eye Shadow + Mary Kay Petite Palette Bundles
- TimeWise Luminous 3D Foundation
Comments
Mary Kay turned 55 in 2018, and the company is going strong with sales estimated at $3.4 billion for the year. In sync with the momentous anniversary and to support future growth for made-in-America products, the company announced the opening of the Richard R. Rogers Manufacturing/R&D Center, a new U.S.-based global manufacturing and research and development facility in Lewisville, TX. It is named in honor of company co-founder, executive chairman and the son of Mary Kay Ash. The Center will support Mary Kay’s needs in producing skincare products, color cosmetics and fragrances for millions of beauty consultants in nearly 40 countries. In June, the facility earned LEED Silver Certification.
“The opening of the Richard R. Rogers Manufacturing/R&D Center marks an exciting milestone in our company’s 55-year history,” explained David Holl, president and CEO for Mary Kay Inc.”
He added: “Approximately 75% of our current business is overseas and more than 50% of Mary Kay products produced at our U.S. manufacturing facility are exported to our international markets. As an innovation leader, this new facility will also allow us to continue producing best-in-industry products today, while practicing sustainability for the future.”
Back in New York City, the multibillion company celebrated its anniversary by partnering with the Museum at The Fashion Institute of Technology (FIT) to unveil a special exhibition, “Pink: The History of a Punk, Pretty, Powerful Color.” The exhibit sought to honor the history of the color that Mary Kay has been associated with for more than 50 years.
The global direct seller also celebrated 50 years of an American icon—the Mary Kay pink Cadillac—by unveiling the newest addition to its career car fleet: the all-new Mary Kay pink Cadillac XT6. Since the inception of the Mary Kay Career Car Program in the U.S., more than 165,000 top-performing independent sales force members have qualified or re-qualified for the use of a Mary Kay career car with nearly 24,000 earning the use of a coveted Mary Kay pink Cadillac. Today, there are more than 4,000 Mary Kay career cars on the road nationwide.
2019 Highlights
Mary Kay presented findings on an antioxidant complex that delays the premature signs of aging related to the damaging effects of diesel exhaust particles. This breakthrough technology, found in the Mary Kay TimeWise Miracle Set 3D skincare line, is said to provide a powerful free-radical regimen with an exclusive, patent-pending, three-dimensional approach to skin aging.
“Mary Kay scientists spent years researching the latest ingredient innovations to develop our newest skincare collection that defends against free radicals and helps delay the onset of premature skin aging from unavoidable environmental and lifestyle stressors such as car exhaust and air pollution,” said Dr. Lucy Gildea, senior vice president-chief scientific officer.
The Direct Selling Association honored Mary Kay with the DSA Product Innovation Award for TimeWise Miracle Set 3D.
In May, Holl was ranked among the top 10 most reputable chief executives in the world according to the Reputation Institute’s CEO RepTrak 2019.
Read Next: Colgate-Palmolive is #15
