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Mannatech, Incorporated (NASDAQ: MTEX) is expanding its global presence with the opening of a new office in Thailand, marking a significant milestone in its growth strategy. The company is launching its premier K-Beauty line, Luminovation™ skin care, and inviting individuals to join as Mannatech Associates. The move into the ASEAN region demonstrates Mannatech's commitment to innovative health solutions and empowering communities. With a population of 70 million, Thailand presents a promising market for Mannatech's products and business model.
Mannatech, Incorporated (NASDAQ: MTEX) sta espandendo la sua presenza globale con l'apertura di un nuovo ufficio in Thailandia, segnando una tappa significativa nella sua strategia di crescita. L'azienda sta lanciando la sua linea di punta di prodotti K-Beauty, la linea di cura della pelle Luminovation™, e invita le persone a unirsi come Associati Mannatech. L'espansione nella regione ASEAN dimostra l'impegno di Mannatech verso soluzioni sanitarie innovative e il potenziamento delle comunità. Con una popolazione di 70 milioni, la Thailandia rappresenta un mercato promettente per i prodotti e il modello di business di Mannatech.
Mannatech, Incorporated (NASDAQ: MTEX) está expandiendo su presencia global con la apertura de una nueva oficina en Tailandia, marcando un hito importante en su estrategia de crecimiento. La compañía está lanzando su línea principal de K-Beauty, el cuidado de la piel Luminovation™, e invitando a individuos a unirse como Asociados de Mannatech. El movimiento hacia la región de la ASEAN demuestra el compromiso de Mannatech con soluciones de salud innovadoras y el empoderamiento de las comunidades. Con una población de 70 millones, Tailandia presenta un mercado prometedor para los productos y el modelo de negocio de Mannatech.
매나테크(Mannatech, Incorporated)가 (나스닥: MTEX) 태국에 새로운 사무소를 개설하며 글로벌 입지를 확장하고 있으며, 이는 성장 전략에서 중요한 이정표를 표시합니다. 회사는 자사의 프리미어 K-뷰티 라인, 루미노베이션™ 스킨 케어를 출시하고 매나테크 어소시에이트로 가입할 개인들을 초대합니다. 아세안 지역으로의 진출은 매나테크의 혁신적인 건강 솔루션과 커뮤니티 강화에 대한 헌신을 보여줍니다. 7천만 명의 인구를 보유한 태국은 매나테크 제품과 비즈니스 모델에 대해 유망한 시장을 제시합니다.
Mannatech, Incorporated (NASDAQ : MTEX) élargit sa présence mondiale avec l'ouverture d'un nouveau bureau en Thaïlande, marquant une étape significative dans sa stratégie de croissance. L'entreprise lance sa ligne de produits K-Beauty de premier plan, les soins de la peau Luminovation™, et invite les individus à rejoindre en tant qu'Associés de Mannatech. Cette expansion dans la région ASEAN témoigne de l'engagement de Mannatech envers des solutions de santé innovantes et le renforcement des communautés. Avec une population de 70 millions, la Thaïlande représente un marché prometteur pour les produits et le modèle d'entreprise de Mannatech.
Mannatech, Incorporated (NASDAQ: MTEX) erweitert seine globale Präsenz mit der Eröffnung eines neuen Büros in Thailand, was einen bedeutenden Meilenstein in seiner Wachstumsstrategie darstellt. Das Unternehmen lanciert seine erstklassige K-Beauty Linie, Luminovation™ Hautpflege, und lädt Einzelpersonen ein, sich als Mannatech-Vertriebspartner zu beteiligen. Der Vorstoß in die ASEAN-Region zeigt Mannatechs Engagement für innovative Gesundheitslösungen und die Stärkung von Gemeinschaften. Mit einer Bevölkerung von 70 Millionen bietet Thailand einen vielversprechenden Markt für die Produkte und das Geschäftsmodell von Mannatech.
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FLOWER MOUND, Texas--(BUSINESS WIRE)--
Mannatech, Incorporated (NASDAQ: MTEX), a leading global health and wellness company committed to transforming lives through Glycan technology, is thrilled to announce a significant milestone in its expansion efforts. With a steadfast commitment to empowering individuals and communities through innovative health solutions, Mannatech is excited to announce its continued expansion into the ASEAN region, with the official launch into the Thailand market.
This opening will bring Mannatech’s global presence to 26 markets. ^
Existing and future Mannatech Associates eagerly anticipate the official launch in Thailand on June 17, 2024. During the soft opening, individuals will be able to register as Mannatech Associates. Additionally, we will launch Luminovation™ skin care, our premier K-Beauty line. This marks the initial step towards establishing a robust presence in the region, laying the groundwork for the future. This new market launch signifies a momentous occasion for Mannatech and its dedicated Associates.
“Mannatech’s expansion into Thailand is our first new market in several years and provides an exciting opportunity to introduce our products to a new country and culture. The opening team, led by Roh Jae-hong, Mannatech Korea’s general manager, has conducted extensive market research, and worked tirelessly to prepare for this launch. We are confident that our products and business model are well suited for the Thailand market,” said Landen Fredrick, President and CEO.
Thailand is regarded as a market with high potential, with a population of 70 million, a direct sales market of about USD $3.1 billion and dietary supplement market of USD $3.9 billion in 2020. Mannatech's entry into Thailand is expected to serve as the bridgehead for pioneering the Southeast Asian market.
“Interest in this market has been high, and I believe in the team’s ability to develop and grow this market. The team looks forward to supporting our new customers and Associates and introducing them to our flagship Glycan technology,” added Roh Jae-hong, Mannatech Korea General Manager.
Designed to foster collaboration, innovation, and growth, the New Thailand office embodies Mannatech's unwavering commitment to providing unparalleled support to its independent sales Associates. From hosting meetings to conducting training sessions, the facility is primed to facilitate the success of Mannatech Associates as they embark on their entrepreneurial journeys.
Mannatech Thailand will hold a grand opening event in September 2024.
Mannatech’s Thailand office grand opening will have a number of special guests including the company’s President and CEO, Landen Fredrick, Mannatech Korea’s General Manager, Roh Jae-Hong, and other Mannatech dignitaries.
Mannatech Associates around the world are welcome to attend as well as interested members of the public.
Stay tuned for further updates as Mannatech paves the way for a brighter, healthier future in Thailand and beyond.
To begin transforming your life or the lives of those around you, please visit Mannatech.com.
About Mannatech
The world leader in Glycan technology, Mannatech is revolutionizing nutrition, immune health, fat loss, skin care and more. It is Mannatech’s mission to help people live happier, healthier, enriched lives by developing scientifically sound, innovative wellness solutions and fostering a culture where the entrepreneurial spirit thrives. With more than 30 years of experience and operations in more than 25 countries, Mannatech is committed to transforming lives.
^ Mannatech operates in China under a cross-border e-commerce platform that is separate from its network marketing model.
Please note: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of phrases or terminology such as "intend" or other similar words or the negative of such terminology. Similarly, descriptions of Mannatech's objectives, strategies, plans, goals or targets contained herein are also considered forward-looking statements. Mannatech believes this release should be read in conjunction with all of its filings with the United States Securities and Exchange Commission and cautions its readers that these forward-looking statements are subject to certain events, risks, uncertainties and other factors. Some of these factors include, among others, Mannatech's inability to attract and retain Associates and Members, increases in competition, litigation, regulatory changes and its planned growth into new international markets. Although Mannatech believes that the expectations, statements and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always consider all of the risk factors and any other cautionary statements carefully in evaluating each forward-looking statement in this release, as well as those set forth in its latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and other filings filed with the United States Securities and Exchange Commission, including its current reports on Form 8-K. All of the forward-looking statements contained herein speak only as of the date of this release.
