Now In Korea

Colmar's Global Reputation at Stake Amid Shareholder vs Family Business Conflict

Creatrip Team

a year ago

Colmar Holdings, a major South Korean cosmetics ODM company, is demanding board restructuring for its subsidiary Colmar BNH due to poor performance and falling stock prices. Colmar Holdings is pushing for change, while Colmar BNH resists. This internal conflict has become a legal matter, with a hearing set for the interim shareholders' meeting request. Despite its global standing, Colmar faces potential brand image damage due to Colmar BNH's struggles.

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