Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) YEON SUN HAN Journalist = Hyundai IBT Co Ltd((representative Oh Sang Ki) has signed an exclusive contract with Beautivate, a UK cosmetics distribution company, to supply VitaBrid products.

Hyundai IBT will enter the European cosmetics market with an annual capacity of 120 trillion won with this agreement.

Hyundai IBT said,"Beauty Beat has already confirmed its entry into Vita Bride at Brown Thomas and Selfridge's Department Store, and will be launching soon in Britain's largest online beauty platform cult beauty. and"Devonhams of England and Ireland, House of Fraser Department Store We will also launch the European Cellola, which has a vast network in Europe, and it will play a key role as a bridgehead for the Vita Bride brand's entry into Europe."

The European cosmetics market is 120 trillion dollars per year, which is 32% of the global market.

NSP News Agency/NSP TV YEON SUN HAN Journalist, hanys4017@nspna.com
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