82 393
Fashion Jobs
RAG & BONE
Account Executive
Permanent · NEW YORK
RAG & BONE
Senior Coordinator, Retail Marketing
Permanent · NEW YORK
MACY'S
Manager, Asset Protection
Permanent · FRIENDSWOOD
MACY'S
Asset Protection Detective, Southlake Mall - Part Time
Permanent · CLAYTON
MACY'S
Asset Protection Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Asset Protection Lead Detective - Multi-Store, South Shore Plaza - Full Time
Permanent · BRAINTREE
MACY'S
Manager, Asset Protection - Multi-Store
Permanent · FAIRVIEW HEIGHTS
STAND OUT FOR GOOD
Brand Rep
Permanent · LEAWOOD
RALPH LAUREN
Associate Manager
Permanent · TEXAS CITY
RALPH LAUREN
Associate Manager
Permanent · LEEDS
RALPH LAUREN
General Manager
Permanent · ALBERTVILLE
RALPH LAUREN
General Manager
Permanent · WOODSTOCK
QVC
Area Manager- Fulfillment Center, Nights
Permanent · SUFFOLK
QURATE RETAIL GROUP
Area Manager- Fulfillment Center, Days
Permanent · FLORENCE
LEE
PT Keyholder, Ellenton, FL
Permanent · ELLENTON
SUPRO CONSULTING
Area Sales Manager - on Roll - Opening
Permanent · SALEM
URBN
Anthropologie Design Director
Permanent · PHILADELPHIA
SACK OFF 5TH
Merchandise Planner, Women’s Core/Trend/pl Shoes
Permanent · NEW YORK
HUGO BOSS
Employee Relations Specialist
Permanent · DALLAS
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · EDINBURGH
AMERICAN EAGLE OUTFITTERS
Aerie - Merchandise Leader (Part-Time) - us
Permanent · WICHITA
AMERICAN EAGLE OUTFITTERS
ae - Merchandise Leader (Part-Time) - us
Permanent · VACAVILLE
Published
Sep 2, 2022
Reading time
2 minutes
Download
Download the article
Print
Text size

Amorepacific acquires Tata Harper

Published
Sep 2, 2022

Korean beauty giant Amorepacific announced on Thursday it has acquired natural luxury skincare brand Tata Harper, as the Asian company looks to extend its reach further into North America.

The Seoul-based company said the acquisition of Tata Harper will be "highly additive" to its current offering and will expand its business to the Americas and Europe, while "realigning strategies" to broaden its presence in Asia.


Tata Harper


In return, Amorepacific said it will enhance the profitability of the U.S. skincare brand by leveraging its scale and streamlining a variety of internal processes. The closing of the acquisition is expected to occur in the fourth quarter 2022. Tata Harper, the company's co-founder, will continue to lead the brand, Amorepacific confirmed.

"Tata Harper is a clean beauty brand instilled with the core values of healthy beauty - values that society and consumers are looking for today. Fueled by Amorepacific's top-notch R&D and P&L infrastructure, we expect Tata Harper will be able to significantly expand its footprint in the Western and Asian markets," said Jinpyo Lee, Chief Strategy Officer at Amorepacific Group. ​

Founded in 2010 by Colombia-born Tata and Henry Harper in America's Vermont, Tata Harper is luxury skincare brand defined as being strictly 'clean' in everything, from product development to packaging. The company uses 100% naturally derived ingredients without any genetically modified organisms (GMOs), toxins, fillers, artificial colors or fragrances, or synthetic chemicals.

"Henry and I founded the brand on our farm in Vermont in our quest to develop a portfolio of products which will deliver efficacious results and a luxury experience without having to compromise your health," said co-founder and co-CEO, Tata Harper.

"Our approach to formulation, including full control of manufacturing, has allowed us to pioneer the next generation of beauty. I look forward to leveraging Amorepacific's expertise to drive global growth and continue to serve our consumers, who rely on Tata Harper to deliver the most results from their skincare."

With a primary focus on the U.S. market, Tata Harper currently sells its products in 25 online stores, including its own direct-to-consumer website, Net-a-Porter, and Cult Beauty, as well as in over 800 brick-and-mortar retailers such as Sephora, Bluemercury, and Neiman Marcus. In 2015, the brand received a minority investment from Alliance Consumer Growth.

In its most recent trading update, Amorepacific said second-quarter sales in North America jumped by 66% year-on-year, led by global brands including Laneige, Sulwhasoo, and innisfree, among others.

Copyright © 2024 FashionNetwork.com All rights reserved.