The beauty industry in Kenya has become an investment hub that is pulling in big money to establish new lines of business, mergers and multi-million-shilling acquisition deals.
Increased growth of the beauty and personal care market in Kenya, combined with the fact that Kenya is recognized as the sales and distribution hub for the larger East African market, has attracted many international brands such as Victoria’s Secret, Sleek, Petal Fresh, Freeman, Mary Kay, Simple, Bath and Body Work, Black Opal, Flori Roberts, Ombia (Austria)
The beauty industry in Kenya is valued at over 100 billion shillings. As of 2017, statistics show that Kenya’s colour cosmetics market was estimated to be worth 5.4 billion shillings and was expected to grow to 6.6 billion shillings in 2018.
To penetrate such market then and survive, you need to have the resilience to stand the strong competition from both international players and local players.
One such tory of resilience is one by Dr Joyce Gikunda who has been in the beauty industry for over a decade now and as an entrepreneur for over 30 years.
This month we are privileged to have Dr Joyce Gikunda founder and CEO of Lintons Beauty World, an East Africa make up distributor/ retailer company that stocks different beauty products by different companies host the event.
With over 30 years’ experience in the world of entrepreneurship, Dr Joyce will share her journey in business; the highs and the lows and the transition from being a pharmacist to being beautician.
Big to her as a woman in business is consistency and she will be sharing some of the value she attributes to the growth of her business.
One of her lowest moment in business though was during the Westgate attack where her business felt the pinch of the terror attack, she will share her journey of recovery from that and what basically drives her to keep on.
You do not want to miss out on this!
RVP your attendance here and see you then.
The event will take place on 30th January 2020 // Nairobi Garage // Pinetree Plaza 7th Floor.
Dr Joyce graduated as a pharmacist and started off her career by setting up a small pharmacy back in the 80s. They later expanded by buying another struggling chemist. The new outlet, named Lyntons Pharmacy, was later sold out in January 2013.
In 2008, she launched Lintons Beauty World and today Lintons runs a chain of cosmetic retail outlets under her company Lintons Beauty World and has over ten retail stores across the country.
Some of the top-notch international brands include; Clinique, Mac, Lancôme, Estée Lauder, Clarins, Nimue (cosmeceutical range), Elizabeth Arden, Black Up, Black Opal, Barans from Turkey among others.
Dr Joyce has also moved to open Lintons Academy, a premier makeup academy that offers dedicated makeup and skincare training whilst being trendsetters in the industry in terms of professionalism, creativity and quality.
In 2012, Dr Joyce through her company partnered with Estée Lauder, one of the world’s leading cosmetics manufacturer, to bring in their products officially in Kenya through a franchise agreement.
The New York-listed company launched its Estée Lauder, Clinique, Aramis, Tommy Hilfiger, Michael Kors, Sean John and DKNY brands out of the 25 international brands in its portfolio. The products include skincare and fragrances.
In 2013, she also became the first to introduce MAC Cosmetics Products and has been opening more MAC Stores across the country.
In 2018, Dr Joyce Gikunda was also among the finalists nominated for the Business Woman of the Year from East Africa Region at the All Africa Business Leaders Awards (AABLA™)
After Office Hours is a monthly event, where members of Nairobi Garage, business owners and professionals from around Nairobi, learn from and engage with, speakers who are exceptional in their areas of business. Check out more similar event here