CJ Group has completed its pre-IPO placement for CJ Olive Young, the group’s health and beauty brand, with Glenwood Private Equity securing around a 24% stake in the company as the second-largest shareholder.The deal was valued at around 400 billion won ($366 million), with Glenwood
From the early 2010s until the first half of 2016, China's consumption behavior was the driving force behind South Korea's stock market. In those years, cosmetics, duty-free stores, casinos and entertainment-related companies all saw a sharp rise in share prices. At the forefront was Amorepacific Co
LG Household & Health Care Ltd. was the most aggressive South Korean cosmetics firm in the cross-border M&A market between 2010 and 2019, with the value of the global acquisition market for makeup brands posting explosive growth over the past five years, according to a Samjong KPMG report on
South Korea's fashion and beauty companies are jumping on the environmental, social, governance (ESG) bandwagon to lure more environmentally conscious consumers.Local upcycling company Morethan is a startup fostered by SK Innovation Co. and a leading example of the environmental marketing trend in K
Korean fashion and beauty business Shinsegae International Co., Ltd has acquired a 100% stake in Swiss Perfection, a high-end cosmetics brand based in Switzerland, in a move to beef up its cosmetics business and fuel overseas expansion. The deal was prompted by Shinsegae Department Store
The 300-billion-won ($263 million) equity investment in a South Korean cosmetics firm by a consortium of Bain Capital and Goldman Sachs in 2016 was the most profitable acquisition deal ever for South Korea’s private equity sector, returning more than six times invested capital, an analysis of the Ko