Miss Universe Gains 50/50 Partner
The Miss Universe Organization (MUO) and its owner, the Thailand-based JKN Global Group, are excited to announce a new partnership with Mexican business conglomerate Legacy Holding. This strategic investment for growth will build the brand’s international profile and allow for new product and marketing opportunities, in the global market. Longtime pageant fan Raul Rocha Cantú, Legacy Holding’s board president and CEO, joins JKN Global’s founder and CEO Anne Jakkaphong Jakrajutatip as co-owner of the merged, privately-held company JKN Legacy. Rocha Cantú is also the franchise owner for Miss Universe Mexico, and his team will lead the planning of the 73rd Miss Universe competition to be held in Mexico later in 2024.
Miss Universe also announces that Olivia Quido-Co will take on the role of Vice President for Global Partnerships, focusing on implementing and expanding mission-driven work and corporate social responsibility around the world. She will also be working with Miss Universe’s many franchise partners and National Directors in the nearly 100 countries who are part of the program, as well as corporate sponsors and partners. Quido-Co remains the CEO and President of Miss Universe Skincare and Spa.
Mario Bucaro has also joined the team as Vice President of International Relations, to be based in Mexico City. The leadership team will also include Carlos Martinez, Vice President of Finance; Jose Castillo, Vice President of Strategic Projects; and Mauricio Rocha, Vice President of Legal.
“Raul’s entrepreneurial background and impressive business success will allow us to push forward with the pageant-product-platform triangle, which I’ve introduced over the past year,” said Jakrajutatip. “We first met at Miss Universe 2022 in New Orleans, and he has since been integral to several of our launches, including Miss Universe Skincare in 2023. Our collaboration has been a fantastic partnership so far and I look forward to growing our legacy brand even further in the years ahead.”
“I’ve always thought there was a broader opportunity to bring Miss Universe’s massive audience more of what they’ve been looking for, in terms of products and merchandise,” said Rocha Cantú. “It’s one of the most famous names in beauty with an iconic legacy of over seven decades, and we are excited to utilize it to create more opportunities for women around the world. Everything we create will be grounded in our mission to uplift, empower, and inspire women to embrace their truest selves.”
Miss Universe will remain a private corporation based in the United States. The overall direction of the media property will remain unchanged, including recent rule changes and eligibility requirements. The corporate headquarters will be based in Mexico City; digital, social media, and communications will come out of New York City; and the Thailand branch will be responsible for in-house content and production. Sheynnis Palacios, the 2023 Miss Universe titleholder, will continue to be based in New York City where she fulfills her duties as a global ambassador and mental health advocate.