News
News
07/11/2023
CosmeticBusiness
Investment in successful hypoallergenic brand
Amorepacific expands its stake in COSRX
The Korean skincare brand COSRX is now part of Amorepacific. The latter has acquired further shares in the company, which was founded in 2013, and now holds a majority stake of 93.2 per cent. COSRX specialises in hypoallergenic skincare products. Its brand includes the "Advanced Snail" and "The RX" lines. According to the company, it has achieved double-digit growth rates several times in recent years. It closed the first half of 2023 with a turnover of around 140 million euros. Further information …