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FCE Faces Cosmetics

0.175
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Faces Cosmetics LSE:FCE London Ordinary Share GB00B1CKTQ32 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.175 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

New Franchise Agreement

28/04/2008 3:16pm

UK Regulatory


RNS Number:2565T
Faces Cosmetics PLC
28 April 2008

                              Faces Cosmetics plc

                      ("Faces Cosmetics" or "the Company")

            ("branded cosmetics, skin care and anti-aging products")



                   INTERNATIONAL EXPANSION INTO SOUTH AMERICA



South America Development Begins in Ecuador



The establishment of a network of franchisees in South America has commenced in
Ecuador with an Area Development Agreement starting with 5 locations. The site
of the first FACES location has already been identified in the Mall del Rio
Shopping Centre where a new phase is currently being built.



The South American market should represent a growth opportunity for FACES
products and services, which have been well received by consumers as part of the
franchisee appointment process.



The entry into Ecuador is a first step for the Company to pursue further
expansion in neighboring countries and, ultimately, throughout South America.


Contacts:

Faces Cosmetics plc
Ramesh Jolly
Chief Executive Officer
Tel: +1(905) 760 0110 Ext.112
www.facescosmetics.com

Nominated Adviser
Dowgate Capital Advisers Limited
Jim McGeever
Tel: +44 (0) 20 7492 4777


END












                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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