Mary Kay China

2968 Words12 Pages
Mary Kay China: Enriching Women’s Lives Since establishing its first factory in China in 1995, Mary Kay (China) Cosmetics Co., Ltd. has achieved astonishing success, growing rapidly and gaining a significant cosmetics market share. Mary Kay China has become the most profitable subsidiary among the more than 30 Mary Kay subsidiaries worldwide. In 2003 and 2004, it was rated the most profitable cosmetics firm in China by the China Statistics Bureau. In 2005, it was rated as the highest return on investment chemical firm in China by the China Chemical Industry Enterprise Management Association. Mary Kay China was also recognized as the Best Employer by Fortune China and Watson Wyatt in 2003 and 2005. The Company’s turnover is well below the industry rate. Tasked with a mission to enrich women’s lives, Mary Kay China is also involved in important philanthropic work. It has donated more than RMB 23 million toward programs that support female students, help women start businesses, support an anti-domestic violence hotline and provide beauty training to laid-off workers. In recognition of its volunteer efforts, the Company won the 2005 Junior Achievement “China Corporate Volunteer Resource Award” and was presented the “Corporate Community Outreach Award” by the American Chamber of Commerce. 1 Paul Mak: General Manager Mary Kay (China) Cosmetics Co., Ltd. Paul Mak joined Mary Kay in 1997 and is currently responsible for the overall management of operations in China including the manufacturing facilities in Hangzhou and 55 branches located in China. Before joining Mary Kay, Paul Mak was the director of operations at Shanghai Johnson Ltd. of SC Johnson Wax. He was responsible for the management of one production site, contract manufacturing, engineering and warehousing, as well as planning, purchasing and exporting. Mak was responsible for approximately USD 80
Open Document