AmorePacific to lay off 81 employees after Lempicka license loss

30-Jan-2017
Regulatory Fragrance

Korean company struggles after fragrance brand withdrew license rights in March 2015

You need to be a subscriber to read this article.
Click here to find out more.

Korea’s leading cosmetics group AmorePacfic, which owns the Annick Goutal brand, is set to lay off 81 staff in France, following its loss of the Lolita Lempicka fragrance license.

The main areas of the business affected are

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Sustainability

Top 50 beauty brands 2023: Which country’s brands are booming?

Read more
Which country’s brands gained in value in 2023 and which brands joined or fell off Brand Finance’s beauty league table this year?

Trending Articles

  1. Burberry taps Emma Mackey as face of new Goddess fragrance The Sex Education and Barbie star follows the likes of Adam Driver and Lily James as the Coty-licensed brand’s newest ambassador
  2. Beiersdorf develops sunscreen for girl with rare genetic light disorder The Nivea brand owner used light-scattering pigments to create the bespoke formulation
  3. Coty’s Marc Jacobs hires Kaia Gerber to front new Daisy advertising campaign The 18-year-old American actress features alongside supermodels Adut Akech and Meghan Roche
  4. Valentino casts models Adut Akech and Anwar Hadid for new Born in Roma fragrance campaign The new flanker scents for him and her are described as a modern take on the brand’s original scents
  5. Jo Malone London opens gingerbread house pop-up at Battersea Power Station The British fragrance brand is sponsoring the London shopping destination’s Glide ice rink for the second year running

Upcoming event

CB Roundtables: Skin care trends for 2024

12 December 2023 | Virtual free webinar See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Sustainability

Top 50 beauty brands 2023: Which country’s brands are booming?

Which country’s brands gained in value in 2023 and which brands joined or fell off Brand Finance’s beauty league table this year?
Regulatory

Amorepacific and MIT develop world's first chip-less and wireless electronic skin

The breakthrough ‘e-skin’ patches will enable accurate skin measurements in even the most demanding environments, says the Korean cosmetics conglomerate
Ingredients

Patent round-up: The latest scented innovations

Three fragrance-related patents are described: one to improve the water-resistance of perfume; one to enhance the volatility of the less volatile constituents of a perfume; and an aromatherapy composition to relieve stress and provide relaxation
Regulatory

Amorepacific apologises for toxic heavy metal found in cosmetics

Beauty products under the Etude House and Aritaum brands were found to contain dangerous levels of the substance antimony
Regulatory

China 'refuses' to import 11 tonnes of South Korean cosmetics

Tensions rise over Korea’s decision to install the US-led Terminal High Altitude Area Defense system (THAAD) amid increasing nuclear threats from North Korea
You need to be a subscriber to read this article.
Click here to find out more.
Body Care

Hot property: Summer beauty trends

The key beauty trends to look out for in the summer months and beyond
Regulatory

China-South Korea free trade agreement: good for brands

Korean cosmetic makers hopeful that free trade agreement will eliminate duties on products when exported
Subscribe now