FashionKosé Acquires Thai Beauty Brand Pañpuri

Kosé Acquires Thai Beauty Brand Pañpuri

-

spot_img

[ad_1]

Japanese beauty conglomerate Kosé announced on Tuesday that it has acquired the Thai beauty brand Pañpuri. Financial terms of the deal were not disclosed, though Pañpuri said it generated revenues of $32 million in 2024.

Founded in Bangkok in 2003 by Vorravit Siripark, Pañpuri is known for its range of premium bath and body, hair care, skincare and fragrance products, which take inspiration from Thai indigenous wellness practices. In Thailand, the brand has 26 free-standing stores, and is stocked at luxury spas and malls like Central World and Emquartier. Pañpuri can also be found in 15 countries throughout Europe and Asia, and is sold at the Isetan Shinjuku and Hankyu Umeda department stores in Japan, and K11 Musea in Hong Kong.

The Japanese beauty conglomerate said in a statement that the acquisition would allow Pañpuri to accelerate its presence in international markets as an “authentic luxury wellness brand from Asia.” PwC Thailand advised on the deal. Kosé’s portfolio includes brands like Decorté, a luxury skincare label established by the conglomerate in 1970, and Tarte, the cosmetics label founded in the US in 1999 and acquired by Kosé in 2014.

The brand was previously owned by Siripark, his family, and the private equity firm Lakeshore Capital.

Sign up to The Business of Beauty newsletter, your must-read source for the day’s most important beauty and wellness news and analysis.

Learn more:

Fine Fragrances Are Getting a New Gourmet Twist

The fragrance boom is being driven by “neo-gourmands,” experimental and offbeat scents that take food notes like cold milk or sea salt to artisanal dimensions.

[ad_2]

Source link

Latest news

From Surplus to Deficit: How Calories a Day Drive Weight Loss

Achieving weight loss is often seen as a complex process, with a multitude of factors influencing the outcome. However,...

Why Honesty Matters: Building Transparency with Men

Honesty is often considered the foundation of any strong and lasting relationship. Whether it’s a friendship, a partnership, or...

Hyper Ketosis Diet Meal Plan for Rapid Fat Loss

Understanding the Hyper Ketosis Diet The Hyper Ketosis Diet is an advanced form of the ketogenic diet designed to push...

The Top 3 DedicatedCore Mistakes (And How to Fix Them)

Understanding the Importance of DedicatedCore Training DedicatedCore training is essential for developing strength, stability, and overall body control. A well-trained...
spot_img

Comparing Breast Augmentation Surgery Costs: Surgeon vs. Location

Breast augmentation surgery is one of the most popular cosmetic procedures worldwide, offering individuals the opportunity to enhance their...

All Deals Travel: Unlocking the Best Popular Car Rentals in Cartagena, Colombia

Cartagena, Colombia, is a vibrant coastal city known for its colonial charm, stunning beaches, and lively culture. Whether you're...

Must read

From Surplus to Deficit: How Calories a Day Drive Weight Loss

Achieving weight loss is often seen as a complex...

Why Honesty Matters: Building Transparency with Men

Honesty is often considered the foundation of any strong...
spot_img

You might also likeRELATED
Recommended to you