Faces Cosmetics PLC said it sold three group-owned retail locations in Montreal, Canada, to an existing franchisee in line with its strategy to expand its branded cosmetics and skin-care business.
It also said it has appointed a new franchisee to expand into Alberta in south west Canada.
The company said in a statement it has expanded its range of men’s skin care products with the release of three new products which will be launched in time for Father’s Day.
‘We continue to increase the number of franchised outlets in our Canadian home market where we still see plenty of opportunities,’ chief executive Ramesh Jolly said.
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