THE WHAT? Oriflame has become the latest beauty firm to announce the sale of assets in Russia, according to a report published by Direct Selling News. The deal is expected to close in the second quarter of the year.
THE DETAILS The Swedish direct sales firm has signed a binding agreement with Arnest Management to sell 100 percent of the sales in Cetes Cosmetics Russia, Oriflame’s manufacturing entity in the country.
THE WHY? The sale forms part of a previously announced strategic review of Oriflame’s assets in Russia following the country’s invasion of Ukraine.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
