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Mary Kay history
Mary Kay company history timeline
Beauty by Mary Kay opened on Friday, September 13, 1963.
After a disagreement with World Gift, she resigned in 1963.
As sales grew, so did the company’s need for space, so in 1969, a new 275,000-square-foot manufacturing facility was built in Dallas.
By 1970, the company was awarding 20 Cadillacs.
Mary Kay's first international venture was launched in 1971 with a subsidiary in Australia.
Ironically, shortly after Mel Ash's death in 1980, Mary Kay's nemesis, Beauti-Control, resurfaced after being bought by Dick and Jinger Heath, who resuscitated the rivalry to an intense new high.
Mary Kay Ash became chairwoman emeritus of Mary Kay Cosmetics in 1987, and Richard became chairman.
In 1989 Mary Kay tried to take over its largest rival, Avon Products, but was unsuccessful.
In 1991 Mary Kay expanded its product line to include bath and body products developed as part of its joint venture with International Flavors & Fragrances.
In 1993 Mary Kay also became a Fortune 500 company.
By 1993 Mary Kay had become the bestselling brand of facial skin care and cosmetics in the United States, with wholesale sales of more than $735 million.
In 1995 Mary Kay Ash stepped down from an active role in the company due to ill health.
In 1995, a decade after the buyout, Mary Kay was wholesaling an estimated $866 million.
The Mary Kay Ash Charitable Foundation was created in 1996 to provide funding of research into diagnosis, preventions, treatments, and cures for cancers that affect women.
napoli, lisa. "direct-pitch stalwarts reluctant to sell online." the new york times, 23 february 1998.
By 1998 Mary Kay had 500,000 beauty consultants in 26 countries.
In 1998, after ten years in operation, the subsidiary held nine percent of the local cosmetics market.
Kirkpatrick, John, "New CEO of Mary Kay Cosmetics Giant to Break Up Investment Firm," Knight-Ridder/Tribune Business News, June 29, 2001.
Underwood, Jim, More Than a Pink Cadillac: Mary Kay, Inc.'s Nine Leadership Keys to Success, New York: McGraw-Hill, 2002.
——, Miracles Happen: The Life and Timeless Principles of the Founder of Mary Kay, Inc., New York: Quill, 2003.
About $900 million came from outside the United States. Its wholesale sales were more than $2.2 billion in 2005.
Stein, Wendy; Brown, Susan; Ingram, Frederick "Mary Kay Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/mary-kay-inc
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Mary Kay competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Revlon | 1932 | $2.0B | 5,700 | 31 |
| Avon Product | 1886 | $2.8B | 23,000 | 20 |
| PepsiCo | 1898 | $91.9B | 267,000 | 567 |
| Clairol | - | $104.4M | 38 | - |
| The Home Depot | 1978 | $159.5B | 500,001 | 16,255 |
| AT&T | 1983 | $122.3B | 230,000 | 3,033 |
| Aflac | 1955 | $22.1B | 11,729 | 198 |
| Hallmark Cards | 1910 | $5.0B | 30,000 | - |
| EC-Council | 2000 | $49.9M | 960 | 47 |
| Maybelline New York | 1915 | $2.6B | 4,118 | - |
Mary Kay history FAQs
Zippia gives an in-depth look into the details of Mary Kay, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Mary Kay. The employee data is based on information from people who have self-reported their past or current employments at Mary Kay. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Mary Kay. The data presented on this page does not represent the view of Mary Kay and its employees or that of Zippia.
Mary Kay may also be known as or be related to Mary Kay, Mary Kay Global, Mary Kay Holding Corporation, Mary Kay Inc and Mary Kay, Inc.