In Korea, the government gives tax breaks to export - only companies, like Wishtrend, a four - year - old
Korean beauty company that sells only to the U.S. — it doesn't have to pay taxes in the country at all.
Many
Korean beauty companies started to look outside the country, first to China and Hong Kong and, increasingly, the U.S. — and the government stepped in to help.
«While
Korean beauty companies have long been recognized for their skin - care innovations, watch out for color brands making a huge impact in the space next,» says Cho.
Not exact matches
When Memebox (pronounced mee - mee - box), a start - up that delivers boxes of
Korean beauty products to subscribers, became the first South
Korean company at prestigious Silicon Valley start - up accelerator Y Combinator, South
Korean president Park Geun - hye sent the brand a congratulatory rice cake.
A group of leading
Korean beauty researchers and scientists from some of Korea's most prestigious
beauty companies came together to make incredible
beauty products accessible to everyone.
Memebox is a
company that sells curated boxes of
Korean beauty and skincare products.
While their collaboration is skin - care - related (a vitamin C serum that sold out in a single day), Cho's
company's focus for the future of
Korean beauty in the U.S. is on color cosmetics.
Korean beauty products are incredibly advanced when it comes to ingredients and formulations because the
Korean beauty R&D labs are pushed to extremes as
Korean women continue to raise the bar for
beauty products — in a culture where skincare is an extremely serious pursuit and the standard for «flawless skin» is unparalleled, a very exciting industry ecosystem develops where
companies and labs rise to meet the challenge and ultimately, create
beauty products that deliver results through supremely high quality ingredients and in a gentle way.
In 2005, the
company opened an exhibition in Japan titled «The Grace and
Beauty of
Korean Women,» and in 2008 it donated $ 300,000 for the opening of a «Women's Quarter» in the
Korean Gallery of the Los Angeles County Museum of Art.
LG just announced the steel - bound V10, but that's not the only ferrous
beauty coming from the
Korean company today: the Watch Urbane 2nd Edition brings a classy look and cellular connectivity — a first for the Android Wear ecosystem.