So, whileSouthKoreaiscontinuingtogrowasthishubofbeautyinnovationandcreation, consumersaretakingmoretimetoeducatethemselvesabouttheingredientsintheproductstheyarepurchasing.
Companiesarestrategicallyacquiringbrandstostayontopofbeautymarkettrends, likeUnilever's purchaseofJapaneseskincarebrandTatchafor a possible 500 milliondollars.
For a verylongtime, makeup, traditionalmakeupbrandswerepurelyfocusedoncolor, butnowtheyseethatAmericanconsumersarefarmoreeducatedaboutskincare, and, so, they'reheretocapitalizeonthatmarket.