News

In the News from Panama

Innovative U.S. Cosmetic Company Expands Into Punta Pacifica

The fast-growing U.S.-based organic cosmetic retailer Adore Cosmetics has expanded its Panama City presence with a new store in the Multiplaza Pacific Mall, the luxury shopping center a few minutes from the center of Punta Pacifica.

For Adore, which “specializes in organic innovation when it comes to skin care and beauty,” the Multiplaza outlet will be its second store in Panama City.

“Panama has become an exciting market for us,” Shay Segev, president and CEO of Adore Cosmetics, said in a press release. “After the resounding success of our first store in the Albrook Mall, we couldn’t pass up the opportunity to open another location in this vibrant market, selecting the Multiplaza because of its superb location and excellent brands.”

The store will be another high-class addition to this mall, which is one of the main local shopping options for owners and renters in Punta Pacifica. With 155 stores, including Cartier, Bvlgari and Ralph Lauren, as well as more than 30 restaurants and cafes, Multiplaza provides a world class shopping environment, less than a five-minute ride from the luxury waterfront towers.

Adore is one of those unique retailers that make a shopping center special. Adore uses “organic ingredients as a base for a range of formulations designed to erase the signs of age and promote vibrant, radiant skin,” according to its promotional materials.

The Miami Beach-based Adore is expanding rapidly, with more than 70 stores around the world. A store opened in the Boston area in June, with new stores slotted for St. Martin and Austria. Another 10 to 15 stores are scheduled to open in Canada.