THE WHAT? Manyo Factory has made its debut on the Kosdaq market, according to a report published by the Korea Times. The K-beauty firm opened at KRW32,000, more than double its KRW16,000 IPO subscription price and closed its first day at KRW41,600.
THE DETAILS Out of all the firms to have floated this year, Manyo Factory recorded the highest subscription competition rate, the Korea Times reports, with institutional investors flocking to the two-day book-building process.
THE WHY? The company will invest the money raised in expanding into global markets and product lines, per the Korea Times. Manyo Factory’s success is credited to its strong performance in 2022 (the company posted a record revenue of KRW101 billion) and the wider recovery for local cosmetics brands as the end of restrictions and return to global tourism boosts sales.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
