LONDON (Thomson Financial) - Faces Cosmetics Plc. said it has started the establishment of a network of franchisees in South America with an area development agreement in Ecuador.

No financial details were given.

The Canadian cosmetics company said South American market should represent a growth opportunity for its products and services, which have been well received by consumers as part of the franchisee appointment process. TFN.newsdesk@thomsonreuters.com rda/jlw

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