L Capital Asia picks minority stake in Seoul cosmetics firm CLIO

L Capital Asia picks minority stake in Seoul cosmetics firm CLIO

Visual from LVMH website

An investment arm of French luxury goods giant LVMH said it took a minority stake in South Korea’s CLIO Cosmetics, swelling the ranks of global investors placing a bet on booming demand for Korean beauty products in major markets like China.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter