China’s large and rapidly growing cosmetics market continues to attract South Korean cosmetics companies. The popularity of Korean cosmetics as a duty free purchase among Chinese tourists visiting Korea, the popularity of Korean popular culture and the presence of Korean brands already in China all help in creating new opportunities for Korean beauty players.
Coreana to move into China
The South Korean cosmetics company is looking to manufacture and distribute brands in China
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Boots’ owner Sycamore Partners allegedly nears sale of UK retailer to Weston family
Sycamore Partners is rumoured to be in conversations with the billionaire Weston family, a Canadian-British business group, in negotiating a sale of the UK health and beauty retailer, according to a new report
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