×
68 807
Fashion Jobs
GAP INC.
Manager, Digital Marketing Operations
Permanent · San Francisco
GAP INC.
Assistant Manager, Customer Operations - Westgate
Permanent · Brockton
NEIMAN MARCUS
Sales Manager, Women's Designer Rtw - Northpark
Permanent · Dallas
NORDSTROM
Finance Manager e2e Sales Consolidations - Hybrid Seattle, Hybrid Los Angeles, or Hybrid Denver
Permanent · Seattle
NORDSTROM
Asset Protection - Agent - Towson Rack
Permanent · Towson
NORDSTROM
Asset Protection - Agent - Golde Creek Plaza Rack
Permanent · Lynnwood
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Media
KOHLS
Operations Manager - Blue Springs
Permanent · Blue Springs
OLD NAVY
Assistant Manager, Customer Operations - Chautauqua
Permanent · Lakewood
ULTA BEAUTY, INC.
CO - Sales Manager
Permanent · Kissimmee
ULTA BEAUTY, INC.
General Manager
Permanent · Hanover
AESOP
Part-Time Retail Consultant | Cherry Creek
Permanent · Denver
HOLLISTER CO. STORES
Abercrombie & Fitch - Manager in Training, Valley Fair
Permanent · Santa Clara
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Rehoboth Beach Outlet
Permanent · Rehoboth Beach
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Gilroy Outlet
Permanent · Gilroy
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, San Marcos Outlet
Permanent · San Marcos
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Dolphin Mall
Permanent · Miami
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Somerset North
Permanent · Troy
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Memorial City
Permanent · Houston
LULULEMON
Assistant Manager, Operations | Polaris Fashion Place
Permanent · Columbus
ROSS STORES
Store Protection Specialist
Permanent · Charlotte
ROSS STORES
Store Protection Specialist
Permanent · Riverside
Published
Feb 27, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

AmorePacific teams up with A.S. Watson Group to boost European growth

Published
Feb 27, 2019

Looking to accelerate the growth of its brands in Europe and Asia, South Korean beauty giant AmorePacific has entered into a strategic partnership with A.S.Watson Group. The Hong Kong-based specialist in health, beauty, fragrance and cosmetics distribution is a subsidiary of the CK Hutchison Group, which also owns French cosmetics retailer Marionnaud. AmorePacific is above all looking to benefit from the global popularity of K-beauty to build its presence in Europe, where, according to A.S. Watson, the sector saw growth of 122% last year. 


Mamonde in a Watsons store inChina - DR


Brands in AmorePacific's portfolio include LaNeige, Innisfree and Annick Goutal. The company gave a boost to its European expansion last year with the introduction of its premium flagship brand Sulwhasoo to Galeries Lafayette's Boulevard Haussmann store in Paris. With A.S. Watson's support, AmorePacific is notably hoping to drive the growth of its natural Mamonde label in Europe, a brand that A.S. Watson already distributes in China,  and which is currently being rolled out in other Asian markets along with haircare labels RYO and Mise-En-Scene. 

Aside from the development of AmorePacific's distribution network in Europe and Asia, where the two companies have already begun their collaboration, further opportunities for cooperation are currently being studied, as explained to FashionNetwork.com by A.S. Watson Group, which operates in 25 markets through 12 banners including Rossmann and Watson. At present, the group has a total of 14,9000 points of sale around the world. 

In 2018, AmorePacific reported sales of 5.37 billion won (4.1 billion euros), an increase of 3% year over year. The company, which makes 70% of its revenues on its home market, does not publish detailed regional financial results but did highlight that its sales in Europe had declined due to the loss of the Lolita Lempicka fragrance licence in December 2016. 

Copyright © 2022 FashionNetwork.com All rights reserved.