Domestic ladies are in a hurry to appreciate the new “Madaras” cosmetics line
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She pointed out that the new line of make-up includes a foundation, a lightener, eye and cheek shadows, eyebrow pomade, lip gloss and concealer. The line was created in collaboration with makeup artists Victoria Breaks and Lyn Weiscz. All products are made from natural and ethically sourced raw materials. Their prices range from 19 to 33 euros per unit.
Antoniske noted that the line was first presented at Paris Fashion Week on September 24, when the products were used in the fashion show of the French brand “Dawei” at the initiative of Finnish make-up artist Jenny Jansson. The new products are available for purchase in the Madara Cosmetics online store and brand outlets around the world.
Madara Cosmetics Group’s turnover in the first half of the year was 5.59 million euros, which is 19.9% more than in the corresponding period last year, but the group’s profit decreased by 18.8% and amounted to 809,007 euros.
The company’s largest owners are Uldis Iltners (24.08%), Lote Tisenkopfa Iltnere (23.92%), Finland’s Transmeri Group Ab (23.09%), Zane Tamane (7.61%) and Liene Drāzniece (6, 83%). Madara Cosmetics shares are listed on the Nasdaq Riga alternative market First North.
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