Speculation is mounting that budget K beauty brand Skinfood is set to close following a shortage of stock and empty shelves in store, according to The Korea Herald. Items such as the popular Choco Eyebrow Powder Cake and Peach Cotton Pore Sun Pact were out of stock with a franchise owner stating, “Today, the headquarters […]
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Private equity firm to acquire financially-strapped K-beauty brand Skinfood for $171m