HUNT VALLEY, Md., Oct. 14 /PRNewswire/ -- Procter & Gamble Cosmetics and Impala Inc., which manufactures IMAN and I-IMAN Cosmetics, announced today they have entered into a multi-year licensing agreement to partner in the design and distribution of Impala’s beauty products under the IMAN and I-IMAN trademarks, in six global markets around the world. This strategic alliance further reinforces P&G’s commitment to providing all women with cosmetics products that meet and exceed their beauty wants and desires.
(Photo: http://www.newscom.com/cgi-bin/prnh/20041014/NYTH189 )
“This is a strategic next step in the evolution of the IMAN brands and what I offer women with skin of color around the world,” said founder Iman. “I look forward to working with Marc Pritchard and the P&G team to grow our retail presence, while staying true to my customers and their unique beauty needs.”
“We’re thrilled to partner with IMAN, an innovative leader in creating the beauty products designed for women with skin of color,” said Marc Pritchard, President P&G Global Cosmetics and Hair Colorants. “IMAN and I-IMAN nicely complement our existing portfolio of global cosmetics brands and will help us serve even more women by providing them with products to help make them look and feel beautiful.”
Iman, the famous beauty and legendary model, founded IMAN Cosmetics in 1994 after a sixteen-year career as a top runway and print star. “I could never find exactly what I needed for my own make-up,” says Iman, “and that’s why I started the company. With P&G, I can now offer my products to the global, multi-cultural, multi-racial woman that is my customer.” During her career, Iman graced the covers of major fashion and beauty magazines worldwide and was the muse for many top fashion designers. Today, the IMAN and I-IMAN product lines are available in six global markets around the world, providing women with skin of color cosmetics and skin care products specifically designed to meet their unique beauty needs.
Two billion times a day, P&G brands touch the lives of people around the world. P&G’s beauty business had approximately $8 billion in global sales in fiscal year 2002/03, making it one of the world’s largest beauty companies. The beauty business sells more than 50 different brands in over 130 countries worldwide. Its beauty brands include Pantene(R), Olay(R), SK-II(R), Max Factor(R), CoverGirl(R), Joy(R), Hugo Boss(R), Herbal Essences(R) and Clairol Nice ‘n Easy (R). The P&G community consists of nearly 98,000 employees working in almost 80 countries worldwide. Please visit http://www.pg.com/ for the latest news and in-depth information about P&G and its brands.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041014/NYTH189AP PhotoExpress Network: PRN17PRN Photo Desk, photodesk@prnewswire.comIMAN Cosmetics
CONTACT: Julie Kofman of Marina Maher Communications, +1-212-485-6849 or,jkofman@mahercomm.com, for P&G; or Arthur Gallego, +1-212-242-9353, x138 oragallego@laforce-stevens.com, or Taline Kundakji, +1-212-242-9353, x185, bothof LaForce+Stevens, both for Iman and IMAN Cosmetics
Web Site: http://www.pg.com/
