AmorePacific Group has appointed the new CEOs of its holding company and flagship affiliate, the company said, Monday. The current CEO of AmorePacific Group, Kim Seung-hwan, will head the group s cosmetics company, AmorePacific, and oversee all of its projects. In addition, AmorePacific Executive Vice President Lee Sang-mok will take over Kim s previous position as AmorePacific Group CEO and handle the company s overall strategy and business management.
Korean cosmetics giant Amorepacific said Tuesday it has agreed to sell a 60 percent stake in its packaging making affiliate to France s Autajon Group, as part of its plan to strengthen ties with the French package maker.
/PRNewswire/ Amorepacific, a South Korean beauty and cosmetics conglomerate, in collaboration with Professor Kim Jeehwan at MIT, has developed the world s.