Rebecca Hair Products

Last updated

Henan Rebecca Hair Products Co. Ltd.
Company type Public
IndustryHair products
Founded1995
Headquarters Xuchang, Henan, China
RevenueApprox. $200 million (2016) [1]
Number of employees
11,000 [1]

Henan Rebecca Hair Products (SSE : 600439) is a Chinese manufacturer of hair products. It is the largest producer of hair products in the world. [2]

Contents

History

The company was founded in 1995. It launched an overseas presence in 1999 by opening in Nigeria. In 2003, it became the first hair products company listed on the Shanghai Stock Exchange. [3]

Consumer markets

The company operates in China but almost all of its products are sold in export markets. [1] Rebecca Hair operates in the US, Europe, and over 20 countries in Africa. The African market is particularly important for the company and accounts for about half of the company's overall revenue; in 2017 African revenue reached 884 million yuan (138.1 million U.S. dollars). [4] Nigeria is the focal point of African operations but there are smaller subsidiaries in Ghana, Togo, Côte d'Ivoire, Burkina Faso, the Democratic Republic of the Congo, Tanzania, and Kenya. [3]

Manufacturing

The company has factories in China, Nigeria and Ghana. [3] Manufacturing of synthetic hair products requiring use of machinery with constant power supply is located in China. [3]

Related Research Articles

<span class="mw-page-title-main">Economy of Angola</span>

The economy of Angola remains heavily influenced by the effects of four decades of conflict in the last part of the 20th century, the war for independence from Portugal (1961–75) and the subsequent civil war (1975–2002). Poverty since 2002 is reduced over 50% and a third of the population relies on subsistence agriculture. Since 2002, when the 27-year civil war ended, government policy prioritized the repair and improvement of infrastructure and strengthening of political and social institutions. During the first decade of the 21st century, Angola's economy was one of the fastest-growing in the world, with reported annual average GDP growth of 11.1 percent from 2001 to 2010. High international oil prices and rising oil production contributed to strong economic growth, although with high inequality, at that time. 2022 trade surplus was $30 billion, compared to $48 billion in 2012.

The economy of Ghana has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction and exportation, and the exportation of diverse and rich resources such as hydrocarbons and industrial minerals.

<span class="mw-page-title-main">Economy of Nigeria</span>

The economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology, and entertainment sectors. It is ranked as the 39th-largest economy in the world in terms of nominal GDP, the second largest in Africa and the 27th-largest in terms of purchasing power parity.

<span class="mw-page-title-main">British American Tobacco</span> British multinational tobacco company

British American Tobacco p.l.c. (BAT) is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products. The company, established in 1902, is headquartered in London. As of 2021, it is the largest tobacco company in the world based on net sales.

<span class="mw-page-title-main">Etisalat by e&</span> Multinational telecommunications company of the United Arab Emirates

Emirates Telecommunications Group Company PJSC, doing business as etisalat and, is a UAE state-owned telecommunications company. It is the 18th largest mobile network operator in the world by number of subscribers.

<span class="mw-page-title-main">Xuchang</span> Prefecture-level city in Henan, Peoples Republic of China

Xuchang is a prefecture-level city in central Henan province in Central China. It is bordered by the provincial capital of Zhengzhou to the northwest, Kaifeng to the northeast, Zhoukou to the east, Luohe to the southeast, and Pingdingshan to the southwest.

<span class="mw-page-title-main">MTN Group</span> Multinational telecommunications company based in South Africa

MTN Group Limited is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg. As of December 2022 MTN recorded 289.1 million subscribers. MTN is among the largest mobile network operators in the world, and the largest in Africa.

Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in South Africa by John Fairbairn in 1845 and was demutualised and listed on the London Stock Exchange and other stock exchanges in 1999. It introduced a new strategy, called 'managed separation', that entailed the separation of its four businesses – Old Mutual Emerging Markets, Nedbank, UK-based Old Mutual Wealth and Boston-based Old Mutual Asset Management (OMAM) – into standalone entities in 2018. This led to the demerger of Quilter plc and the unbundling of its shareholding in Nedbank. The business, which is now largely based in South Africa, provides sponsorship and supports bursaries at South African universities.

<span class="mw-page-title-main">Guinness Foreign Extra Stout</span> Stout produced by the Guinness Brewery

Guinness Foreign Extra Stout (FES) is a stout produced by the Guinness Brewery, an Irish brewing company owned by Diageo, a drinks multinational. First brewed by Guinness in 1801, FES was designed for export, and is more heavily hopped than Guinness Draught and Extra Stout, which gives it a more bitter taste, and typically has a higher alcohol content. The extra hops were intended as a natural preservative for the long journeys the beer would take by ship.

Globacom Limited, commonly known as Glo, is a Nigerian multinational telecommunications company founded on 29 August 2003 by Mike Adenuga. As of June 2018, the company employs more than 3,500 people worldwide.

<span class="mw-page-title-main">Bharti Airtel</span> Indian multinational telecommunications company

Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

<span class="mw-page-title-main">Ecobank</span> Pan-African banking conglomerate

Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 33 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern and Southern Africa. ETI has an affiliate in France, and representative offices in China, Dubai, South Africa, and the United Kingdom.

<span class="mw-page-title-main">Agriculture in Ghana</span> Agricultural activity in Ghana

Agriculture in Ghana consists of a variety of agricultural products and is an established economic sector, providing employment on a formal and informal basis. It is represented by the Ministry of Food and Agriculture. Ghana produces a variety of crops in various climatic zones which range from dry savanna to wet forest which run in east–west bands across Ghana. Agricultural crops, including yams, grains, cocoa, oil palms, kola nuts, and timber, form the base of agriculture in Ghana's economy. In 2013 agriculture employed 53.6% of the total labor force in Ghana.

<span class="mw-page-title-main">Electricity sector in Ghana</span> Government of Ghana sponsored electricity supply

Ghana generates electric power from hydropower, fossil-fuel, and renewable energy sources such as wind and solar energy. Electricity generation is one of the key factors in order to achieve the development of the Ghanaian national economy, with aggressive and rapid industrialization; Ghana's national electric energy consumption was 265 kilowatt hours per each one in 2009.

Vitol is a Swiss-based Dutch multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacques Detiger. Though trading, logistics and distribution are at the core of its business, these are notably complemented by refining, shipping, terminals, exploration and production, power generation, and retail businesses. Vitol has over 40 offices worldwide, with its largest operations in Geneva, Houston, London, and Singapore.

<span class="mw-page-title-main">Dangote Group</span> Nigerian industrial conglomerate

The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$4.1 billion in 2017.

<span class="mw-page-title-main">Salt industry in Ghana</span> Salt Industry

The Ghanaian salt industry as of 2009 produced between 250,000 and 300,000 tonnes of salt annually. The Ghana Export Promotion Council (GEPC) has identified the sector as an important one to aid the diversification of Ghana's economy, and the Ghanaian government is currently within the process of developing the industry.

<span class="mw-page-title-main">Airtel Africa</span> African subsidiary of Airtel, providing telecommunications and mobile money services

Airtel Africa plc, trading as Airtel, is an Indian multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa. Airtel Africa is majority owned by the Indian telecommunications company Bharti Airtel. Airtel Africa offers mobile voice and data services as well as mobile money services both nationally and internationally. Airtel Nigeria is the most profitable unit of Airtel Africa, due to its cheap data plans in Nigeria. As of March 2019, Airtel had over 99 million subscribers in the continent. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Jumia is a Pan-African technology company that is built around a marketplace, logistics service and payment service. The logistics service enables the delivery of packages through a network of local partners while the payment services facilitate the payments of online transactions within Jumia’s ecosystem. It has partnered with more than 100,000 active sellers and individuals.

<span class="mw-page-title-main">Jointown Pharmaceutical Group</span> Chinese company

Jointown Pharmaceutical Group Co., Ltd. is a publicly traded multinational healthcare services company. By revenue, it is the largest medical company in China that is not state-owned. It is also the 4th largest overall. Its global headquarters are in Wuhan, China and its international headquarters are in Los Angeles, California. The company specializes in the distribution of pharmaceuticals and medical products, distributing more than 510,000 products. The company also manufactures products, including gloves, surgical masks, medical equipment and medications. In addition, it operates the largest network of medical warehouses in China. It is one of the largest in the world, at over 44 million square feet. The company has over 400 subsidiaries and provides medical products to all 31 provinces in mainland China.

References

  1. 1 2 3 Tang, Shihua (24 May 2018). "China's Largest Wig Maker Judges Time Is Ripe for US Expansion". Yicai Global. Archived from the original on 13 September 2018.
  2. "Hair Extension Market to Reach $ 5530 Million By 2025" (Press release). QY Research. 20 June 2018. Archived from the original on 26 January 2019 via AB Newswire.
  3. 1 2 3 4 Li, Lianxing (21 July 2014). "Hair-raising success story of Henan Rebecca". China Daily.
  4. "Across China: Chinese wigs grow in popularity in Africa". Xinhua. 5 June 2018. Archived from the original on 18 July 2018.