From Nail Polish to Global Makeup: Masglo Evaluates Two New Categories to Continue Strengthening Its Portfolio

Jorge Bohórquez, CEO of Masglo Photo: Courtesy Masglo/ Masglo Website

From Nail Polish to Global Makeup: Masglo Evaluates Two New Categories to Continue Strengthening Its Portfolio

TL;DR

  • Masglo is diversifying from primarily nail polish to a comprehensive makeup line, including products for eyes, face, and lips.
  • The company is launching a crowdsourcing campaign for lipstick names, inviting consumer participation.
  • Masglo has a strategic, phased plan for international expansion, with Europe and Latin America as key markets.
  • Innovation in product formulas includes 'free' standards (e.g., 13-free, 14-free) and sustainable practices like bottle collection programs.
  • The Gel Evolution nail polish line is highlighted as a patented, unique product in Colombia.
  • Masglo achieved significant export growth in the previous year and expects continued market share increase in makeup.
  • The company is considering future categories such as skincare and a dedicated men's line.