South Korean cosmetics at Unilever
Unilever is to spend USD 2.7 billion on buying a South Korean cosmetics manufacturer, in order to stay the fourth biggest player in the skin care market. Carver Korea’s sales were worth USD 321 million last year. The value of the South Korean skin care market can reach USD 6.3 billion. 35 percent of Carver Korea products are sold in China.
Related news
Drastic step at Unilever: 3,200 European jobs are expected to be cut by 2025
Unilever, one of the world’s largest consumer goods companies, has…
Read more >Estée Lauder completes $1.7b acquisition of DECIEM
The Estée Lauder Companies Inc. has finalised its acquisition of…
Read more >South Korea’s dermocosmetics market ranks 6th globally
It has attracted competition from „concept-dermo,” „dermo-inspired” and „pharma-dermo” brands.…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >