NEW YORK, NY / ACCESSWIRE / July 27, 2020 / Madison Technologies Inc., (OTCQB:MDEX), a brand development and business accelerator company, announced today it has acquired a license for Casa Zeta-Jones brand to develop a new online women's shaving regiment.
"Partnering with the Casa Zeta-Jones brand on this project in such a robust and underserved market, and with an exciting new model, we believe is an incredible opportunity and we look forward to tremendous success," said Walter Hoelzel, President and Chief Marketing Officer.
According to Grandview Research the global wet shave market is in excess of $12 billion dollars and growing over 9% annually. Women represent approximately 28% of this market or $3.3 Billion dollars. According to Euromonitor less than 1% of women belong to a shave club, a segment dominated by men.
The product line will include a custom designed handle and cartridge system, pre-care products, exclusive shaving products and some of the best after care products on the market today. The Casa Zeta-Jones brand will transcend what is often considered a chore to a more pampering and lush women's shaving experience.
About Madison Technologies Inc:
Madison Technologies is a Brand Development and Business accelerator company. The company is focused on select consumer good segments that are deemed underserved and offer significant growth opportunities for our company.
Forward-looking statements and risks and uncertainties discussed in this press release may contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape or manner of our future financial condition or stock price.
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Jeff Canouse, MDEX, CEO
[email protected]; 770-235-3107
SOURCE: Madison Technologies, Inc.