As part of our development strategy, 4Mass plans to focus on further extension of its product catalogue by introducing a full range of face, eye and lip cosmetics in order to build a full availability of make-up cosmetics.
The company has concluded a contract with a foreign entity Guangzhou Colorite Cosmetic LTD, under which it is now the exclusive distributor of face, eye and lip cosmetics branded as Catkin. The concluded agreement covers the cooperation of the Parties until the end of 2020, with the possibility of extension.
4Mass plans to focus on activities aimed at developing own sales and increasing production capabilities, through the extension of, among others its varnish bulk breaking line with a new automatic line, which will contribute to increased production efficiency, in particular of nail hybrid varnishes.
The company intends to develop its own production of selected make-up products (we plan to apply for EU co-financing to obtain financial contribution for the construction of a production plant).
The company’s strategy assumes the launch of independent production of masses essential for further manufacture of varnishes, as well as expansion of the availability of 4Mass branded products on foreign markets.