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FKCCI and Invest Seoul present the 2023 Beauty & Fashion Conference to empower Korean startups

FKCCI and Invest Seoul present the 2023 Beauty & Fashion Conference to empower Korean startups

On September 13, 2023, FKCCI and Invest Seoul co-hosted the 2023 Beauty & Fashion Conference at the prestigious Novotel Ambassador Seoul Gangnam. The event celebrated the fusion of intellect, and innovation in the beauty and fashion industries, offering vital insights to beauty and fashion venture companies to adapt to the ever-evolving global trends and establish investment strategies. 

The conference, held in a hybrid format, unfolded in three pivotal segments: "2023 Beauty and Fashion Trends," "Investment Prospects for the Year," and "Investment Opportunities for Korean Startups." Notably, industry experts from France took the stage and unveiled the latest trends and advancements in the sectors, which offered attendees a unique opportunity to reshape their perceptions of these dynamic industries. 

In the domain of beauty, Franckie Béchereau, Deputy General Manager of Cosmetic Valley, a renowned French cosmetics industry cluster and esteemed member of the FKCCI, delivered invaluable insights into global beauty trends. Drawing upon their accumulated expertise, Cosmetic Valley is committed to supporting the cosmetics industry and enhancing its competitiveness through research and development and startup support programs. Cosmetic Valley had signed an MOU with both the Seoul Metropolitan Government in October of the previous year and Jeju Technopark in April, to bolster the international potential of K-beauty and assist Korean companies in their global expansion. 

The fashion segment of the conference featured two experts from the Institut Français de la Mode (IFM), a premier French institution in fashion business education. Marie-Pierre Gendarme, Executive Education Director, and Marine Basset-Chercot, International Project Manager, shared insights and strategies aimed at fostering the development of K-fashion. They recognized the rapidly changing trends in the fashion industry and the global influence of K-pop culture as a unique opportunity for growth. 

The final part of the conference was dedicated to attracting investments, where promising companies in the beauty and fashion sectors were introduced to global investors. Noted venture capital experts, including Pierre Joo, Managing Director Korea of Korelya Capital, Heather Kim, Manager of AWESOME VENTURES, and Christine Lu, Associate of Complus Asset, presented their insights into the year's investment perspectives within these industries. 

Following the enlightening presentations, the conference transitioned into a pitch contest, showcasing the dreams of four pioneering Korean start-ups: Fastlane, Bejewel, Powerplayer, and Prinker Korea. These innovators, specializing in areas such as one-stop skincare and jewelry platforms, vegan cosmetics, and printing tattoo solutions, presented their technologies and competitive edge to potential investors. 


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