Beauty Industry

NuGene Reports A Rise in Sales

The company reports reaching a significant milestone.

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By: Marie Redding

Senior Editor

NuGene International has announced the filing on March 30, 2015 of its annual report for the year ended December 31, 2014, and is reporting “significant growth.” NuGene reports that its sales have grown from $155,197 in 2013 to $723,438 in 2014, representing a significant increase. Its total assets at year end were $1.86 million compared to total liabilities of $492,563.

NuGene’s CEO Ali Kharazmi said, “The year 2014 was a transformative year of change for our company.”

NuGene’s milestones during the past year are numerous. The company entered into a licensing agreement with Kathy Ireland Worldwide. (Sidenote: Kathy Ireland is the world’s weathiest supermodel.) NuGene has also recently become a publicly traded company; and began selling its proprietary regenerative skin and hair care products to a growing base of aestheticians, skin and hair care professionals and medical spas.

NuGene’s products include serums and anti-aging moisturizers in prestige packaging, which includes amber colored dropper bottles and jars with metallic accents, shown above.

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