Beiersdorf invests in K-beauty startup LYCL
Beiersdorf has acquired a significant stake in Seoul-based LYCL Inc., thus becoming the second largest shareholder of the rapidly growing skin care and tech start-up. This investment out of Beiersdorf’s venture fund is a natural fit with the C.A.R.E.+ strategy to win in skin care and drive consumer centricity through digitalisation. “We see great potential … Read more