Company Facts
Basic Facts
- Company:
- YOYO Lip Gloss, Inc
- Headquarters/Warehouse:
- 15-17 126th Street College Point, NY 11356
- Telephone:
- 800-YOYO-Lip (969-6547) | O: 718.357.6304 | F: 718.747.7800
- CEO/Inventor:
- Angie Parlionas, Age 31
- Patent:
-
YOYO Lip Gloss, Inc holds a utility patent for a retractable lip care product and a retractable device. US Patents were filed (April 2005) and issued in March 2007. Patents are currently pending in Canada, Japan and Europe.
- SIC Code:
- 2844-0500 (Manufacturing > Chemicals & Allied Products > Toilet Preparations > Cosmetic Preparations)
- NAIC Code:
- 325620 (Toilet Preparation Manufacturing)
- Company Mission Statement:
- It is our mission to provide safe, high quality, innovative, trend setting products that reinvent traditional beauty practices and ideas.
- Company Operations:
- YOYO Lip Gloss, Inc is primarily engaged in manufacturing and distributing cosmetics to wholesale, retail and end consumers. The company was initially incorporated in 2008 and currently holds a unique patent for retractable lip care products in the US as well as abroad.
- Target Market:
- Female Teen (8-13) Tween (14-17) and Young Adults (18-24)
Target Population:
- Female Age 5-9, 9.6 million
- Female Age 10-14, 10.3 million
- Female Age 15-19, 9.3 million
- Female Age 20-24, 9.9 million
- Total, 39 million
Company History
- August 2004 - Patent Idea for a Retractable Lip care Product is Formulated
- March 2005 - Business Plan is Complete
- April 2005 - US Patent Applications Filed
- June 2005 - PCT (Foreign Patent Application) Filed
- January 2006 - Production Molds Created
- March 2006 - Sample Production Begins
- July 2006 – First Working Samples Received, Market Testing Initiated
- March 2007 - US Patents are Issued
- July 2007 – First Full Scale Production Begins
- July 2007 – YOYO Lip Gloss Case Study is Published in the Global Business & Technology Journal
- December 2007 – First Product Shipment is Received
- December 2007 – Second Product Market Testing Begins
- February 2008 – European Patent Application Filed
- March 2008 – Canadian Patent Application Filed
- March – 2008 – Japanese Patent Application Filed
- Dec 2008 – Second Product Market Test is Complete, Products are Found Marketable
- September 2008 – YOYO Lip Gloss, Inc is Incorporated
- October 2009 – The YOYO Lip Gloss Minis Launch
- March 2010 - The YOYO Foundation, Inc is Incorporated
