Shareholders Offered Discount on Orders Placed in the Month of April
SANTA MONICA, CA, April 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Oliveda International, Inc. (OTC Pink: OLVI), a leading international natural cosmetics and wearable beauty and health technology innovator, today announced Oliveda’s entrance into the United States market with the launch of U.S. Oliveda Online at us.oliveda.com. The website features a variety of Oliveda’s top selling products for the face, body, hair, and inside the body holistic benefits. Included in the initially offered products is The Beauty Fountain, Oliveda’s popular daily anti-wrinkle Collagen Hydroxytyrosol drink. U.S. Oliveda Online will ultimately be expanded to include all Oliveda product offerings currently seen at www.oliveda.com.
To celebrate the availability of Oliveda products to U.S.-based OLVI stockholders, the company is providing a promotional offer for any orders placed during the month of April. When checking out, investors can use the promo code OLVI and receive a 15% discount on their total order.
Before importing its products into the United States, Oliveda received its registration number from the U.S. Food and Drug Administration (FDA) in March 2019.
“We are very excited to have launched U.S. Oliveda Online to make our products available for U.S. consumers for the very first time,” commented Thomas Lommel, Chairman and CEO of Oliveda International, Inc. “The launch of this website is just the first step in our North America expansion strategy, which is also expected to include our first company retail store in the Los Angeles market. We have already begun building our Los Angeles team and will provide updates as soon as possible.”
“Oliveda is committed to strategic, but rapid, global growth, with initiatives in additional international markets expected in the near term,” added Mr. Lommel.
The global cosmetics products markets, which includes a broad array of skincare, haircare personal care, oral care, and other categories in which Oliveda offers products, has been estimated to reach approximately $863 billion in 2024. North America constitutes a significant portion of that market, estimated by some research as approximately 20% of the global total.
A recent article appearing on Forbes.com stated that, “the beauty industry has been on a tear for years,” and that “the business of beauty continues to defy gravity.” An industry expert also pointed out that half the growth in beauty is online. The article mentions how beauty consumers “are on a journey of exploration,” finding, and purchasing from, new brands and products. It states that “young, independent brands are supporting a surge in creativity.” Oliveda is entering the U.S. and other global markets at a time to take advantage of these and other industry trends. The full Forbes article can be viewed at http://www.forbes.com/sites/richardkestenbaum/2018/09/09/beauty-industry-biggest-trends-skin-care-loreal-shiseido-lauder/#2a30d6c86982.
In addition to the products included in the cosmetics categories, Oliveda also provides holistic health products and innovative beauty and health technologies that few other companies offer. As a result, the revenue potential for entering the U.S. market is far greater than just the cosmetics and beauty sector estimates.
Oliveda International has added a new video on the OTC Markets website that shows the positive impact Oliveda has in communities. The video highlights how Oliveda’s preservation of the mountain olive trees than form the basis of its products goes beyond just preserving the trees in their natural habitat, but also creates jobs and generates other positive impacts on the local economy. No artificial fertilizers or chemicals are used on the trees, preventing harm to the native ecosystem. The video can be viewed on the OTC Markets website at https://www.otcmarkets.com/stock/OLVI/news/The-Mountain-Olive-Trees-from-Oliveda?v&id=3069.
Oliveda International, Inc.
Founded in 2003 by German real estate investor Thomas Lommel, Oliveda International, Inc. is a leading international natural cosmetic company in the premium segment. The company has also developed a globally-unique wearable beauty and health technology. In addition to online sales and a global branch network of 650 retail stores, the company’s wholly owned Oliveda Deutschland GmbH subsidiary operates flagship stores, Olive Tree Pharmacy, in Berlin and Dusseldorf with plans to open new locations in Los Angeles, Taipei and Seoul. Overall, the company believes that it will be able to operate a total of 60 of its own flagship stores worldwide and increase the retail store network worldwide to 1,200 over the next five years. Through subsidiary operations, Oliveda International is the largest investor in eco-certified mountain olive trees as well as the largest conservationist in Arroyomolinos de Leó, Spain. Further information on Oliveda International can be found at http://www.oliveda.com and http://www.olivetreepeople.com. OLVI’s quarterly and annual financial reports and disclosure statements can be found on the OTC Markets website at https://www.otcmarkets.com/stock/OLVI/disclosure.
Forward-Looking Statements
This press release may contain statements, estimates or projections that constitute "forward-looking statements" pursuant to the safe harbor provisions of the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties, which may be found in the Company’s filings with OTC Markets Group Inc., that could cause actual results to differ materially from the Company's historical experience and present expectations or projections. Investors should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company expressly disclaims any obligation or intention to publicly update or revise any forward-looking statements unless otherwise required by law.