For immediate release.
.
.
for immediate release.
.
.
VIPERA COSMETICS Eyes
Expansion on Back of AED519.
5
million UAE Market
Adopts the high-end kiosk concept across the region to capitalize on high
traffic areas and brand visibility
Dubai – October 16th...
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For immediate release.
.
.
for immediate release.
.
.
VIPERA COSMETICS Eyes
Expansion on Back of AED519.
5
million UAE Market
Adopts the high-end kiosk concept across the region to capitalize on high
traffic areas and brand visibility
Dubai – October 16th
, 2011: VIPERA COSMETICS, the award-winning European
cosmetic brand, is to expand its market share in the United Arab Emirates (UAE) on
the back of regional sector growth.
This is backed by 2011 research stating that the
regional market forecast for color cosmetics across the Gulf Cooperation Council
(GCC) is expected to exceed US$500 million (AED1.
84 billion) by this yeari
.
With
regard to the UAE in particular, the market for color cosmetics alone is forecast to
reach AED519.
5 million annually by 2014ii
.
Confident in its vision for VIPERA COSMETICS and the aggressive growth
strategy, Amit Gandhi,
Director of VIP Ventures, explained: “Research clearly shows a high demand for
beauty products in these regions.
This, coupled wit
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