KOSE (OTC:KSRYY) Stock, Quote.Headers.trade-ideas

Kose is the third-largest cosmetics company in Japan and the second in the premium segment, and is renowned for its prestige skincare brands including Decorte and Albion. The firm has been managed by the Kobayashi family since it was established in 1946. Albion, a fully consolidated subsidiary in which Kose holds a 79.5% stake, is operated independently by another branch of the Kobayashi family. The group, with a collection 37 brands/lines spanning a wide range of price points, has captured 13.6% of Japan's premium beauty segment, according to Euromonitor. Japan remains the largest market contributing over 60% of sales, followed by North America and Europe (22%). Its distribution channels include department stores, specialty retailers, drugstores, travel retailers, and e-commerce.

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Heading into 2020, the cosmetic industry was growing, buoyed by increased global demand and product innovation. For instance, L&#39;Oréal S.A. (OTC: LRLCY) ended the prior year with revenue increasing 8%, on a year-on-year basis, due to growing demand in Asia.

Analysis: The Beauty Industry Post-COVID-19

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