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AIPROPX ReportCNBC · 7h ago
K-beauty giant APR's shares up 100% this year ahead of U.S. Costco launch in September
Its flagship Medicube brand is set to enter Costco stores across the U.S. in September, APR told CNBC. Medicube's Zero Pore Pad 2.0, a skincare product designed to cleanse pores, will be available across the retailer's U.S. stores.
The upcoming launch marks APR's latest push into major U.S. retailers, following launches at Ulta Beauty in August last year, Target in April and Walmart in June.
The Korean beauty company, which listed on South Korea's benchmark Kospi in 2024, now has a market capitalization of about 17.3 trillion won ($12.5 billion), nearly twice that of longtime beauty heavyweight Amorepacific and more than three times that of LG Household & Health Care.