BEAUTY KING SIGNS AN MOU WITH MINGJIIAN
The Mumbai based salon equipment manufacturer and trader Beauty King has succeeded in signing the memorandum of understanding with a Chinese company called Mingjian Furniture Co. Ltd. Since both the companies are in the same industry and belong to neighbouring countries, they can bring best quality products at affordable rates for their respective consumers.
The Beauty King owner Afzal Kapadia and the Mingjian MD, Xeng De John both believe that this is the first of its kind of formal tie-up between an Indian and Chinese company in the beauty industry. Though they have been talking to each other for the last 18 months, they have finally formalised an exclusive tie-up. The MOU also asks Mingjian to do R&D on design and technology best suited for Indian consumers.