Cosmax expands presence in Russia with sale of private brand products in L’etoile stores

Cosmax expands presence in Russia with sale of private brand products in L’etoile stores

Cosmax is set to sell its private brand products in Russia via L’etoile stores, according to a report by The Investor.

The South Korean cosmetics equipment manufacturer is thought to be looking to expand its presence in Russia and will put 42 products to market within the country.

Under pressure from the increased competition in its local market, Cosmax has been notably growing its foothold globally.

Taking to a statement, Cosmax Overseas Marketing Director Lee Byung-man said, “We will further expand our presence in Russia with our quality product and competitive price. Besides L’etoile, we are also in talks with other retailers in Russia as well.”

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