Private equity firm to acquire financially-strapped K-beauty brand Skinfood for $171m
South Korean beauty brand Skinfood is in the process of being acquired by private equity firm, Pine Tree Partners, for ₩200bn.
Archives for June 24, 2019
Homecoming queen: Kao sets a date for Sensai’s return to Japan as it plans broader Asian expansion
Kao Corporation has revealed that its premium brand Sensai will be returning to Japan in September, with a China launch to follow in 2020, and then plans to expand it around Asia.
Relentless wave: South Korea’s cosmetics exports rocket 26.5% to surpass $6bn
The Korean wave shows no signs of abating with the nation's cosmetics sector recording 26.5% growth in 2018 with the market now topping US$6bn.
Halal beauty: How the thriving segment is reshaping Asia’s cosmetics landscape
Once a niche segment, halal beauty is now affecting Asia’s personal care landscape in tremendous ways in terms of trends, opportunities and regulation.