Many companies have postponed their expansion due to the global economic crisis. But not Neo Derm Group, the Hong Kong-based medical aesthetic service provider, which opened its first medical center under its skin rejuvenation brand, Reenex, in Shanghai last month.
Lim Meng-teng, founder and managing director of Neo Derm Group, says “Expanding our service to the mainland at this point of time is challenging. But we are optimistic about the outlook of China’s medical aesthetic market.”
He adds:
Chinese women, especially those from major cities, are increasingly well educated, have strong purchasing power and demand better beauty services. And his Six Sigma process management has leveraged the group to double its turnover every two years in Hong Kong and rake in an impressive year-on-year 41 percent growth in revenue in 2008.
Related story:
Neo Derm Group New look for center
