The Korean company announced on April 17 that it ranked seventh in the list of the world's top-100 beauty firms published by U.S. beauty and fashion media WWD (Women's Wear Daily). AmorePacific climbed up by five notches from No. 12 in 2015.
It has joined the top-ten ranking in ten years after entering the top-20 ranking in 2007 when its sales amounted to $1.79 billion. Over the past ten years, AmorePacific saw its sales mark a four-fold increase and operating profit a five-fold increase.
L'Oréal, which kept the No. 1 spot for more than ten years, maintained its lead with $28.6 billion, followed by Unilever with $20.5 billion, P&G with $15.4 billion, Estee Lauder with $11.4 billion, Shiseido with $7.6 billion, and Beiersdorf with $5.9 billion.
Korea Scientists and Engineers Mutual-aid Association (SEMA) will commit about 20 billion won ($18 million) to a fund of Morgan Stanley Energy Partners (MSEP) for co-investment in a US water management firm, according to a local media report. The $4.2&hellip
South Korea’s National Pension Service (NPS), Public Officials Benefit Association (POBA) and Hyundai Marine & Fire Insurance Co. Ltd. are likely to commit $380 million to a blind-pool real estate fund which private equity firm Rockpoint Group is launching to&hellip
(Corrected: New overseas alternative head Young-shin Chung was not promoted from the position of domestic alternative investment head, but moved to the new position. First paragraph was corrected in that regard.) The Korea Teachers’ Pension on April 24 named its domestic&hellip