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Start up cosmetic company seeks business partner

Member: yokoobata
Located in: London, United Kingdom (Great Britain)

Business Details

Looking for:
  • Established business - looking for partner
Experience:
  • Art & graphic design
  • Design
Industries:
  • Biotech/Pharmaceuticals
  • Health & Beauty/Well Being
  • Medical/Healthcare
  • Retail Trade & Shops

Background Information

Kotoha is an award winning natural skin, scalp and hair care cosmetics company. It is trading in the UK with a small number of pharmacies and salons plus a salon in Japan. It?s founder, Yoko Obata created and uses the products on herself and has had amazing results on both her and her loyal customers. She has a strong pedigree of creating skin care products from Oriental natural ingredients and gaining great success with these products to mend a range of skin, scalp and hair issues from wrinkles and acne to dry skin and dandruff.

The products are predominantly targeted at both male and females aged between 30 to 69. There are 32 million people in this age range in the UK and 288 million across USA, UK and Japan, our initial targeted countries. More than 60% of adults in our target age range are not happy with their skin, which is over 172m people in just these 3 countries.

There are currently 12 products which range in RRP from £15 for shampoo to £45 for anti-aging cream. They have wholesale margins from £7.46 for shampoo to £23.24 for the anti-aging cream. The products appeal to sophisticated consumers with high discretionary spend and we will be marketing them as premium products to the ?mass market?.

All of the products have been fully tested and have the appropriate certificates for retail sales from approved laboratories.

Although the current sales is small, the brand and products are featured in a lot of influencer's blog site and raising the profile.

Currently the director is looking for a potential business partner who has good strategies on PR and marketing and good sales skills. The person has to have strong passion on beauty, health, wellbeing and grooming. Some experience in the beauty and health industry would be hugely advantageous.

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