President Donald Trump stated on Wednesday the U.S. will cost a 15% tariff on imports from South Korea as a part of a take care of the fourth Asian economic system. The 15 % price is under a 25 % tariff that Trump had threatened earlier, and was equal to offers with Japan and the […]
THE WHAT? US personal fairness agency Blackstone is in talks to amass Juno Hair, South Korea’s largest premium salon chain, in a deal reportedly valued at 800 billion received (US$590 million). THE DETAILS The potential acquisition would come with Juno Hair Group’s full operations, overlaying greater than 180 immediately managed salons and a workforce of […]
THE WHAT? South Korea has launched a ₩40 billion (US$27 million) fund aimed toward supporting Ok-beauty startups, because the sector braces for potential US tariff impacts. THE DETAILS The Ministry of SMEs and Startups has introduced the institution of a devoted magnificence fund—the primary of its sort focusing on all segments of South Korea’s cosmetics […]
Information has been circulating on Korean native media that German hair care model Wella and L’Oreal Group’s Maybelline New York will withdraw from the market. On 3 February, Korea outlet Biz.Hankook revealed that Maybelline, one of many L’Oreal Group’s most recognisable color beauty manufacturers, will finish its operations in Korea. CosmeticsDesign-Asia was capable of affirm […]
There comes a time once you’re residing in New York that you simply swear you’re going to maneuver. Possibly you waited a little bit too lengthy on a muggy subway after somebody yelled at you on the road. Or possibly, after lugging your groceries to the highest of your fifth ground walk-up, you realized you […]
