Financial Times

Martensson new MD for Oriflame Sri Lanka


Pierre Martensson

Pierre Martensson has taken over at the helm of Oriflame Sri Lanka. His last assignment was in Thailand prior to becoming a part of the Oriflame team here.

“Cosmetics are an ever evolving industry with constant changes in areas such as innovation and marketing strategies. Oriflame is a strong brand and one which has shown tremendous growth annually in the region. I personally feel the present market conditions in Sri Lanka are very strong as there is an increase in purchasing power in our target segments.

We are looking at areas for expansion in Galle and with the stabilization of the political situation in the country, we would like to penetrate the North and East of the island as we see great potential. We estimate a growth of 35 to 50% annually,” he added.

 
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