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[DERMALOOP] Operationalizing the acquisition of the O!GET! and TINAZANA brands

Author
dermaloopcompany
Date
2023-07-17 16:45
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622
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Dermaloop's (CEO Scarlett Lee) contemporary derma vegan beauty brand [Absoloop] made its debut through the 2022 Wadiz funding, surpassed the cumulative funding amount of 200 million won, and has continued to grow steeply every year, including entering Olive Young due to strong consumer response.
In addition, the company announced that it has acquired and operated the [O!GET!] brand, which was ranked first in the whitening functional mist category at the 2022 Reconciliation Awards, and the [TINAZANA] brand, a vegan clean beauty that uses skin-active plant-based ingredients and sustainable packaging.

[O!GET!] brand is loved overseas for its safe and active formulas, vivid colors, and refreshing and adorable design looks, and its vitamin serum mist, hydrogel eye patches, and clay masks have been selected as Amazon's Choice. In the second half of the year, the brand will introduce high-content functional vitamin serums, creams, and sunscreens to further solidify its position as a leading whitening skincare brand.

[TINAZANA] brand aims to be a vegan clean beauty brand based on trust in hypoallergenicity and efficacy with safe prescriptions in 100% vegan formulas, such as a two-layer firming serum containing bacuchiol, a plant-based retinol, a high-moisturizing cream with 25% shea butter, and a deep cleanser that is 97% naturally degradable, and has been selected as a 2021 Brand K, garnering much attention in Europe and Southeast Asia.
Dermaloop (www.dermaloop.com) operates the simple but sufficient minimal routine contemporary derma vegan beauty [Absoloop] brand, and is solidifying its position in the global market by participating in KCON LA in August 2023 as a representative brand of K-beauty through the merger of [O!GET!] and [TINAZANA] brands.

https://www.raonnews.com/news/article.html?no=16858
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