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.
National Pension Service’s (NPS) recent invitation for investment proposals to domestic private equity and venture capital funds, which amounts to 650 billion won ($577 million), has met with a lukewarm response from fund houses, amid concerns about the $500 billion&hellip
Korea Investment Corporation (KIC) Chief Investment Officer Shinwoo Kang will give a keynote speech in a global real estate and infrastructure summit on Oct. 25 in Seoul, where key investment decision-makers of South Korea’s biggest asset owners are set to&hellip
Asia-based investment firm Pacific Alliance Group (PAG) has bought an office building in southern Seoul from a fund led by the Public Officials Benefit Association (POBA) for around 310 billion won ($273 million), at a time when the growing nuclear&hellip