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How Seoul Became a Mecca for Menswear
As we sifted through the best collections and street style moments from last week’s Seoul shows, one final thought came back to us again and again: From the nattily dressed men hanging around Dongdaemun Design Plaza to the surprise appearance of Darth Vader on the Heich es Heich runway , it was menswear that ruled at Seoul Fashion Week and, of course, the stylish men who took over the city. Look closely and you’ll see it all around Seoul: Two men…
South Korean Beauty Boom Proves Alluring to Invest..
Two major investments in South Korean cosmetics brands this week signal a vote of confidence in the country’s momentum as a trendsetter SEOUL—Big overseas investors are snapping up stakes in South Korea’s cosmetics companies as demand for the country’s makeup and complex skin-care regimen increasingly attracts a global audience. On Monday, Goldman Sachs Group Inc. and Bain Capital Private Equity plan to announce a deal to acquire a…
S. Korean power rising in global cosmetics scene
SEOUL, July 7 (Yonhap) -- Display booths bustling with multinational businesspeople from the beauty industry at an exhibition hall in Seoul on Thursday clearly indicated South Korea has now emerged as a significant market for global cosmetics ingredient companies. In the second exhibition, dubbed "in-cosmetics Korea," officials from some 200 multinational cosmetics ingredient providers were in talks with cosmetics manufacturers from around the world …
LVMH buys stake in South Korea's Clio Cosmeti..
SEOUL -- LVMH Moët Hennessy Louis Vuitton SE is buying a minority stake in South Korean cosmetics maker Clio Cosmetics Co., marking the second major investment in a week by a big-name Western investor in South Korea's booming makeup industry. The $50 million deal for about 7% of Clio values the cosmetics maker at about $700 million, according to a person familiar with the matter, and makes L Capital Asia, the private-equity investment arm through…
World domination: Why Korean beauty products are t..
Snail mucus, bee venom and starfish extract. Recipe for a magic potion or the latest ingredients found in Korean beauty products? As the leading innovators in beauty, South Korea has be quietly been pushing the envelope on skincare technology for years, essentially leaving the rest of us in the dust. Why? Well, according to data from Korean skincare brand, AmorePacific, Korean women undergo 26 to 27 steps in their beauty routine on average, whereas women…
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