Joey New York Announces Acquisition of the JOEY NEW YORK Brand of Skin Care and Beauty Products
May 13 2014 - 11:00AM
Marketwired
Joey New York Announces Acquisition of the JOEY NEW YORK Brand of
Skin Care and Beauty Products
SUNNY ISLES, FL--(Marketwired - May 13, 2014) - Joey New York,
Inc. (OTCQB: JOEY) announces that it has acquired the JOEY NEW YORK
brand of skin care and beauty products through its acquisition of
RAR Beauty, LLC.
"The Joey New York brand will now have expanded access to the
capital needed to develop once again into a significant brand in
the skin care, cosmetics and personal care industry; not only
through organic growth but through strategic acquisitions of
companies in which we can integrate into the Joey New York brand
business model," said Richard Roer, President of Joey New York,
Inc.
In the early 1990's the Joey New York brand pioneered the
"instant visible results spa at home concept" and was the innovator
of producing products that were deemed "the safe alternatives to
painful, costly dermatological procedures," selling beauty products
to the prestige market.
Skincare expert and Founder Joey Chancis has reinvented the Joey
New York brand. One of the new and recently launched collections is
the quick results coconut water product line. These products are
designed to deliver amazing results in a healthy new way with the
help of one of nature's most healing, soothing ingredients: Young
Green Tender Coconut Water. These products are currently sold
through the masstige distribution channel.
"We believe this acquisition marks a significant event in the
renewed growth of the Joey New York brand by providing new
opportunities for us to expand our current product assortment, as
well as develop additional skin care and cosmetic products for
multi-channel distribution. We strive to accommodate the consumer
demand for high quality beauty products, affordable prices and fast
acting formulas. These markets include prestige, masstige, mass,
and health/wellness stores both domestically and internationally. I
want to express my gratitude to my loyal customers who, for over
two decades, have believed in me and my products and I look forward
to sharing more exciting products with you in the future," said
Joey Chancis CEO of Joey New York, Inc.
About Joey New York, Inc.
Joey New York, Inc. through its wholly owned subsidiary RAR
Beauty, LLC is the manufacturer and marketer of its Joey New York
brand of quality skin care and beauty products. The Company's
products are sold through various retailers, professional salons
and spas and beauty websites within the United States and
Internationally.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the safe harbor provision of the US Private
Securities Litigation Reforms Act of 1995. Forward-looking
statements are neither historical facts nor assurances of the
future performance. Instead, they are based only on our
current beliefs, expectations, and assumptions regarding the future
of our business, future plans and strategies, projections,
anticipated events and trends, the economy, and other future
conditions. Because forward-looking statements related to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside our control. Our actual results and
financial condition may differ materially from those indicated in
the forward-looking statements. Therefore, you should not rely
on any of these forward-looking statements. Important factors
that could cause our actual results and financial condition to
differ materially from those indicated in the forward-looking
statements include, among others, acceptance of our products among
consumers and professionals, our need for additional capital, our
ability to manage growth as well other risks identified in our
filings with the SEC. Any forward-looking statement made by us
in this press release is based only on information that is
currently available to us and speaks only as of the date on which
it was made. We undertake no obligation to publically update
any forward-looking statement, whether written or oral, that be
made from time to time, whether as a result of new information,
future developments or otherwise.
Contact Info: Joey New York 305-948-9998
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