CLIO Cosmetics
Founded Year
1993Stage
IPO | IPODate of IPO
11/9/2016About CLIO Cosmetics
CLIO Cosmetics (KRX: 237880) is a color cosmetics company that retails K-beauty eye, lip, and base makeup products in stores and online. The company operates with three brands: Club Clio, PeriPera, and Goodal.
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Expert Collections containing CLIO Cosmetics
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
CLIO Cosmetics is included in 2 Expert Collections, including Beauty & Personal Care.
Beauty & Personal Care
2,253 items
Startups in the beauty & personal care space, including cosmetics brands, shaving startups, on-demand beauty services, salon management platforms, and more.
Direct-To-Consumer Brands (Non-Food)
1,192 items
Startups selling their own branded products directly to consumers through owned e-commerce channels, rather than relying on department stores or big online marketplaces.
CLIO Cosmetics Patents
CLIO Cosmetics has filed 1 patent.
The 3 most popular patent topics include:
- Cameras
- Gender equality
- History of cosmetics
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
2/28/2018 | 7/30/2019 | Honeycombs (geometry), History of cosmetics, Cameras, Fashion aesthetics, Stereotypes of women | Grant |
Application Date | 2/28/2018 |
|---|---|
Grant Date | 7/30/2019 |
Title | |
Related Topics | Honeycombs (geometry), History of cosmetics, Cameras, Fashion aesthetics, Stereotypes of women |
Status | Grant |
Latest CLIO Cosmetics News
May 10, 2023
A flawless earnings report 1Q23 operating profit meets expectations Clio Cosmetics posted consolidated operating profit of KRW5.2bn (+44% YoY) on sales of KRW75bn (+14% YoY) for 1Q23, meeting our estimate and the market consensus. Sales from the domestic health & beauty channel (Olive Young, etc.) increased 37% YoY, driving up company-wide earnings. Sales growth was recorded in Southeast Asia, up 107% YoY to KRW3.8bn, and in North America, up 73% YoY to KRW5.3bn. Although the pace of global sales growth slowed due to a weak performance in China and Japan, the diversification of markets is seen as a positive. The company has delivered stronger growth than its small/mid-cap cosmetics peers in Southeast Asia and North America, with sales rising on Shopee, Lazada, and Amazon. Robust growth of cosmetics brands other than Clio is noteworthy. Goodal and Peripera sales jumped 50% and 75% YoY, respectively. The diversification of brands is also a positive. By product category, lip tints and functional serums are the growth drivers. Even growth of brands across different markets In 2Q23, Clio Cosmetics continues to enjoy earnings growth in the domestic, North American, and Southeast Asian markets. Earnings in Japan have yet to recover on a YoY basis, but seems to have rebounded on a QoQ basis. Goodal is generating strong sales across all regions, led by its mainstay green tangerine vitamin C serum for dark spots. Peripera earns a large portion of sales from the US and Southeast Asia, where its lip products are very popular. The company plans to expand its North American sales channel from Amazon to Walmart and Target in the mid-to-long term. The upcoming launch of products on Amazon Japan should help improve earnings in Japan. Amid the transition of COVID-19 from pandemic to endemic, rising demand for makeup products is well reflected in the company’s solid sales at home and abroad. Small/mid-cap top pick with ample growth potential Clio Cosmetics recorded strong growth in 1Q23, while peers fell short of expectations with their earnings weighed down by weak duty-free sales and slow recovery of China’s demand. Share valuation levels are burdensome, but we keep Clio Cosmetics as our small/mid-cap top pick in view of ample growth potential for earnings going forward. POPULAR
CLIO Cosmetics Frequently Asked Questions (FAQ)
When was CLIO Cosmetics founded?
CLIO Cosmetics was founded in 1993.
Where is CLIO Cosmetics's headquarters?
CLIO Cosmetics's headquarters is located at 66, Wangsimni-ro, Seongdong-gu, Seoul.
What is CLIO Cosmetics's latest funding round?
CLIO Cosmetics's latest funding round is IPO.
Who are the investors of CLIO Cosmetics?
Investors of CLIO Cosmetics include L Catterton Asia.
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