Report: Kolmar Korea Acquiring Yonwoo

Jun 17th, 2022

Jacquelyn Mueller, associate editor, Global Cosmetic Industry

Kolmar Korea is reportedly taking over 55% of its stake in Yonwoo.

Kolmar Korea is reportedly taking over 55% of its stake in Yonwoo.

Kolmar Korea is acquiring a 55% stake in Yonwoo for 286.3 billion won, according to Infostock Daily.

Previously: Luxury Brands Acquires Youngblood Mineral Cosmetics

The acquisition price per share is 42,000 won. The contract is set to acquire the shares of CEO Ki Joong-hyun and Kim Yeo-ok.

The L1 pump collar will transition from ABS to PP material, while the L1L pump collar will transition from ABS to PP material.

Epopack Makes Sustainable Upgrades to 2 Pump Collars

The new versions (available Q1 2024) will replace the old versions once stock runs out, per the supplier.

Le Volume De Chanel mascaras now feature G.Pivaudran-developed packaging comprising recycled aluminum.

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The companies also worked to ensure maintenance of aesthetics following anodization and sought to ensure stability of raw material featuring recycled content.

Staying Ahead of the Trends: TaikiUSA Bridges Science & Beauty

Staying Ahead of the Trends: TaikiUSA Bridges Science & Beauty

TaikiUSA offers access to a vast assortment of validated base formulas, turnkey solutions, and beauty tools so you can go to market quickly- with custom, science-backed products- including masks, patches, beauty tools and waterless solutions.

Taken together, brands of every size will leave this year's event with the knowledge and insights needed to innovate nimbly and mindfully and to elevate their brands to the next level.

Let's Connect the Dots Between Beauty Marketing and R&D: Beauty Accelerate Los Angeles 2024

Join Beauty Accelerate in Los Angeles to set the 2024-2025 innovation agenda!

The lid is connected to the base and releases the front panel of the box, revealing the product, also highlighted by the decorated interior setup, including a removable wedge.

Rissmann Debuts Flip-Lid-Box

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The Inner Cups offer filling capacities of 30 ml and 50 ml, and can be combined respectively with Maria Jar 50 ml and 75 ml.

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The Inner Cups can be combined with the company's glass Maria Jars to create a refillable packaging option for skin care.

Entering the new year, packaging innovation for beauty, as well as a high number of regionalized manufacturing moves, hasn't slowed down.

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Here, we round up the latest key trends, including refillable formats, a focus on ergonomics and upgraded manufacturing resources.

Federal Package has appointed Melissa Niebes as CEO, effective January 1, 2024, succeeding Steve Dakolios, who will transition to vice chairman and senior adviser at the company.

Federal Package Names New CEO

The CEO transition comes as new production lines and manufacturing technology are set to come online in 2024.

Charlotte Oueini-Gentet, business development manager in Los Angeles for the Texen Beauty Partners' LA office, says, “The United States has always been viewed as innovative and always on the move…it’s confirmed! The momentum for new brands and product launches is extremely strong in Los Angeles. Being as close as possible to this market is essential to understand stakes and trends and gain in responsiveness! '

Texen Beauty Partners Opens West Coast Office

Texen Beauty Partners provides stock and custom packaging for makeup, skin care, fragrance applications and the beauty accessory market, all sourced in Asia and North Africa.

In January of 2023, the CMA expanded its work on environmental claims to include fast-moving consumer goods (FMCG). These are essential items that include food and drink, cleaning products, toiletries and personal care items.

Unilever Eco Claims Under Scrutiny in Greenwashing Investigation

In January of 2023, the CMA expanded its work on environmental claims to include fast-moving consumer goods (FMCG). These are essential items that include food and drink, cleaning products, toiletries and personal care items.

On the ingredient front, top sustainability-related claims driving dollar growth include cruelty-free (up 18.1%), compostable (up 30.9%) and plastic free (up 12.2%).

Plastic-free, Compostable, Refillable Beauty Driving Growth: NielsenIQ

The report adds that while many consumer prefer nature-derived ingredients, brands and supply chain partners may be challenged to harvest these materials at scale without negative environmental impacts. Transparency will be critical.