The Skin Factory’s KUNDAL hair care merchandise
The Skin Factory, identified for its private care model KUNDAL, plans to additional speed up its abroad gross sales development by buying Abill Korea, the proprietor of the pure magnificence model NACIFIC, which has a robust presence in abroad markets.
Abill Korea was established in 2014 and has been profitable in abroad markets similar to Indonesia, Myanmar, and Japan. More than 1 million bottles of Fresh Herb Origin Serum, which turned extensively identified to the general public as “Yok Serum,” have been offered since its launch. Abill recorded about 17 billion received in gross sales final 12 months by increasing its product vary to skincare and shade cosmetics merchandise with numerous idea components similar to Niacin, CICA, AHA BHA, and salicylic acid.
Particularly in 2021, the NACIFIC model has turn into well-known to many abroad followers by its contract with international artist “Stray Kids,” which was the driving drive behind rising 90% of its abroad gross sales.
The Skin Factory has been increasing its enterprise to abroad markets by specializing in hair care product gross sales, led by the KUNDAL model. Over the previous three years, The Skin Factory achieved a mean annual development fee of 297% in abroad markets and efficiently accelerated gross sales from 6.7 billion received in 2020 to 33.2 billion received in 2022.
Roh Hyun-jun, CEO of The Skin Factory, stated, “Through this acquisition, The Skin Factory has efficiently expanded its enterprise portfolio to the 2 main classes ranges – the non-public care model KUNDAL and the skincare model NACIFIC, and can deal with maximizing abroad gross sales by our present well-established companions.”
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