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Seven cosmetics companies from Chungbuk-do achieved USD 10.1 mn export contracts at a beauty expo in Italy
Date
2025.04.01
Views
49

According to Yonhap News,



On March 25, Chungbuk-do announced that it supported seven local cosmetics companies participating in the 'Cosmoprof Worldwide Bologna' held in Bologna, Italy, and facilitated the signing of export contracts worth a total of 107 deals amounting to USD 10.1 million (approximately KRW 15 billion).

The companies participating in the expo include: LabinCube (skin booster); LesBeaux Amie (ampoules); Mediark (cream, multi-balm); BIO GLORIOUS (basic cosmetics); Everbio (artificial eyelashes); HP&C (basic cosmetics); and FarmSkin (mask packs, ampoules).

Among them, LesBeaux Amie achieved export consultations totaling USD 8.35 million (approximately KRW 12.4 billion), and BIO GLORIOUS signed an MOU worth USD 1 million (approximately KRW 1.4 billion), laying the foundation for expanding their global market reach.

Chungbuk-do also promoted the '2025 Osong Cosmetics & Beauty Industry Expo,' a major B2B exhibition for the cosmetics and beauty industry, scheduled to be held in OSCO, Cheongju from October 23 to 25.

Additionally, the province plans to support the participation of local cosmetics SMEs in the 'Cosmoprof Las Vegas 2025' and '2025 Vietnam Local Export Consultation,' both of which will take place in July, 2025.

An official from the provincial government said, "We will continue to implement diverse support policies, including strengthening domestic and international marketing, exploring new sales channels, and providing research and development support, so that local cosmetics companies can become more competitive in the global market and grow their export momentum."

Meanwhile, the 'Cosmoprof Worldwide Bologna,' which began in 1967, is the world's largest cosmetics exhibition. The event held in this year saw participation from over 3,000 companies across 70 countries.



jeonch@yna.co.kr
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Source: Yonhap News (March 24, 2025)


** This article was translated from Korean.