20-Feb-19, Retail In Asia
Global beauty company Amorepacific Group has entered into global strategic partnership with leading global health & beauty giant AS Watson, a strategic retail partner with distribution platforms in Asia and Europe both offline and online.
%20Watson.jpg "Koreas Amorepacific partners with AS Watson (c) Watson")
Image: Watson
Amorepacific is the leading beauty company in South Korea. Amorepacific sees AS Watson Group as the perfect retail partner to extend its brands’ reach into new markets and help its business expansion.
AS Watson Group has a store network of over 14,900 stores under 12 retail brands in 25 markets. At AS Watson, core customer groups are relatively young, and K-beauty is experiencing 56% compound sales growth since 2015, and gaining traction in Europe with last year’s growth at 122%.