Amorepacific, which has recently been increasing its presence in the North American market, including the United States, is strengthening its contact with Mexican consumers by introducing the premium beauty brand Laneige. Laneige began selling more than 20 products through Mexico's Sephora e-commerce channel on the 8th. Starting on the 22nd, it will also be sold at 36 Sephora offline stores across Mexico. To commemorate the launch in Mexico, we have prepared various promotions, including free samples. Amorepacific said, “Recently, Laneige has been recognized for its innovative technology not o
Kolmar Korea won the first trial of a civil suit filed against Intercos Korea, the Korean subsidiary of Intercos of Italy, and former Kolmar Korea researchers. The 62nd Civil Division of the Seoul Central District Court (Presiding Judge Young-kwang Lee) said in the first trial civil suit for 'prohibition of infringement of trade secrets, etc.' filed by Kolmar Korea, "The trade secrets leaked by former Kolmar Korea researchers (to Intercos Korea) should be destroyed. “Jointly pay 200 million won plus interest on delay,” the ruling ruled. Incident overview and progress This incident, which direc
'Cheongidan', the representative line of luxury royal cosmetics brand 'The History of WHOO' (hereinafter referred to as 'THE WHOO'), has completed a renewal with a new look and will begin targeting the global market, starting with China, starting next month. THE WHOO Cheongidan is the most popular product in China and was renewed 13 years after its first launch in January 2010. To globally promote the newly introduced Cheongidan, LG Household & Health Care held the 'THE WHOO Cheongidan Art Fair in Shanghai' event at the Tank Shanghai Art Center, a complex cultural space in Shanghai, China,
In 2Q 2023, LG H&H Co., Ltd. (The Company) reported 1.8tr won in sales (-3.0% yoy), 158bn won in operating profit (-27.1% yoy). The Company sales decreased mainly due to Beauty’s 8% yoy decline, while HDB and Refreshment sales grew slightly yoy. Operating profit for the Company decreased due to persistent cost pressure and expenses related to reorganization and efficiency of domestic and US business. ■ 2Q 2023 Results by Business Segment ▲ Beauty business 2Q 2023 sales decreased 8.5% yoy to 781bn won and operating profit decreased 24.9% yoy to 70bn won. Despite positive growth in domestic
Amorepacific Group recorded sales of 1.0308 trillion won and operating profit of 11.7 billion won in the last two quarters, sales increased by 0.4% year-on-year, and operating profit turned to black. Amorepacific said in a public announcement today (26th), “In the second quarter of this year, sales increased in most overseas markets and overall profitability showed improvement. In particular, sales in North America and EMEA (Europe, Middle East, etc.) more than doubled compared to the previous year. Sales in China have grown, and sales in the Japanese market, which is expanding its customer ba
APR has attracted pre-listing equity investment from CJ OnStyle, whose corporate value is estimated at 1 trillion won. APR, a global beauty tech company, was evaluated as a unicorn company. APR (CEO Kim Byung-hoon) announced on the 14th that it had attracted a pre-IPO investment from CJ OnStyle with a corporate value of 1 trillion won, on the Electronic Disclosure System of the Financial Supervisory Service. This investment was made exclusively by CJ OnStyle. This is the second time this year after attracting pre-IPO investment, which was disclosed in March. It is analyzed that this investment
LG Household & Health Care (CEO Lee Jung-ae) is operating the voluntary retirement program for the first time since its foundation. The LG Household & Health Care Global HR Team yesterday (1st) premised that “improving the stagnation of the human resources structure and creating a virtuous cycle of human resources is the most important factor for the company’s sustainable growth” Department heads and team leaders), we are introducing the voluntary retirement program that temporarily supports up to three years of basic salary for those who wish to retire, such as a second life plan.” Th
KBM Co., Ltd. ｜Room 202, 23, Bangulnae-ro 11-gil, Mapo-gu, Seoul(Mangwon-dong, Dooyoung Building) TEL: 82-2-338-8470 ｜FAX: 82-2-338-8471 ｜E-mail:kbm@cosmorning.com ｜Date of Issue: 2016.08.15 ｜Publisher·Editor: Raesoo Kim ｜Registration Number: Seoul Da50330 ｜Registration Date: June 22, 2016 ｜Internet Newspaper Registration Number: Seoul, A52337 ｜Internet Newspaper Registration Date: May 15, 2019 ｜Business Registration Number: 315-81-36409 ｜Person in Charge of Personal Information Management and Youth Protection: Huh Kang-woo ⓒ2016 Copyright All Reserved Cosmorning
UPDATE: May 13, 2024, 11:22 AM
