The Communiqué
The Communiqué
Corporate News
August 22, 2024 | Written by Mark Huber
Tags: Corporate News
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In April 2024, RSI NGD Group excitedly announced its acquisition of SkinABCs Philippines, along with ambitious plans to expand the product lineup and enhance global accessibility and affordability. After a brief delay due to the successful launch of Orions Strategic Business Solutions, we are delighted to confirm that the formal acquisition process is now officially underway.
SkinABCs Philippines is an innovative skincare brand that disrupted and redefined the skincare industry in the Philippines with its non-conformity to one-size-fits-all approach that most skincare companies follow. As the first brand to offer skincare products tailored to varying skincare types and further customized by active ingredient concentration options, SkinABCs has historically set a new standard in the skincare industry. By providing international-class products at just a quarter of the price of their foreign counterparts, the brand has made high-quality skincare significantly more accessible to Filipinos further disrupting the market. This groundbreaking approach has not only redefined the industry but also inspired many other companies to follow suit, ultimately benefiting Filipino consumers.
With its innovative and disruptive business model combined with an environmentally sustainable approach, SkinABCs Philippines has garnered numerous prestigious global awards, including 'Most Prominent Affordable Skincare Products Provider in Asia Pacific,' 'Most Outstanding Skincare Products Provider,' and 'Most Trusted Skincare Product.' Additionally, its CEO, who now leads RSI NGD Group, has been honored with titles such as 'Most Inspiring CEO for Skincare Products,' 'Maharlika Business Leadership Excellence,' and 'Most Outstanding Individual Achievement in Business and Entrepreneurship,' among many others. As an award-winning skincare company, SkinABCs Philippines embodies the spirit of innovation, transformation, and empowerment—core principles of RSI NGD Group.
The acquisition is a strategic move for RSI NGD Group, allowing them to diversify their product portfolio and strengthen their presence in the skincare industry. By combining their resources and expertise with SkinABCs Philippines, RSI NGD Group aims to capitalize on the growing demand for skincare products in the market and solidify their position as a key player in the beauty sector. This partnership sets the stage for innovation and growth, promising exciting developments for both companies and their loyal customer base.
SkinABCs Philippines expressed their enthusiasm for the acquisition, highlighting the potential for synergies between the two companies and the opportunity to reach a wider audience with their innovative skincare products. The partnership is expected to bring about new product developments and improved distribution channels, ultimately benefiting consumers who are looking for high-quality and affordable skincare solutions.
This strategic acquisition also marks a significant milestone for SkinABCs Philippines, positioning them for accelerated growth and market expansion. With a strong commitment to excellence and innovation, the collaboration is poised to, once again, redefine standards in the skincare industry once again and set new benchmarks for product quality and customer satisfaction. As the integration process unfolds, stakeholders can anticipate a wave of fresh ideas, enhanced product offerings, and an elevated customer experience that reflects the collective strengths of both companies. The future looks bright for this dynamic partnership, with endless possibilities on the horizon.
Read the official announcement from SkinABCs Philippines on its Facebook page regarding this exciting development below.
Dear Valued Customers,
We are thrilled to announce a significant milestone in the journey of SkinABCs Philippines. As the first Filipino skincare brand that offered customized products tailored to diverse skin types and active ingredient preferences, we are proud to have redefined the skincare industry in the Philippines and disrupted the market by making global-class products affordable to many Filipinos. We have always strived to innovate and cater to your skincare needs with utmost dedication and we could not be more proud of our accomplishments.
Today, we are excited to officially share that SkinABCs Philippines, our award-winning and highly-rated skincare brand, has been acquired by RSI NGD Group of Companies. This strategic acquisition marks a new chapter for us, enabling expanded operations on the international stage, broader product offerings, and enhanced opportunities for growth. While this transition may lead to potential rebranding aligned with our global aspirations, rest assured that our core values and commitment to delivering exceptional skincare products beloved by Filipinos will remain unchanged. The dedicated team behind the company will also transition with SkinABCs to its new home within RSI NGD Group.
During this 6-month transition period, our focus remains on ensuring minimal disruption to our valued customers. However, please note the following changes:
Product Manufacturing and Online Stores: There will be a reduction in manufacturing, but production will continue. Product availability in our online and physical retail stores will not be affected, subject to stock levels.
Discounts and Promotions: We shall continue providing discounts on both our online and distributorship channels.
Temporary Offline Period: Our online stores may go offline briefly during the transfer of management records. If this occurs, we will expedite the process to ensure your favorite skincare products are available as soon as possible.
Distributorship Channels: Our distributorship channels and respective regional distributors will remain unaffected.
Social Media Promotions: Active social media promotions will be reduced during this period.
Customer Service: There will be a temporary reduction in customer service manpower.
We sincerely appreciate your understanding and continued support as we embark on this exciting new phase. We extend our heartfelt gratitude to all our customers who have been with us on this remarkable journey over the past three years. Although we are expanding globally, our roots as a brand created by Filipinos, for Filipinos, will forever remain a source of pride.
Thank you for your loyalty and trust in SkinABCs Philippines. We look forward to continuing to serve you with the same passion and dedication that define our brand.
Warm regards,
The SkinABCs Philippines Team
In partnership with RSI NGD Group of Companies
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