Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) YEON SUN HAN Journalist = Hyundai IBT agreed to produce all Vitabrid products for Chinese market not only in Korea but also in a local China factory according to the request from China partner, Jihuo media.

Hyundai IBT will finalize production system by the end of this month and start full production from July to sell locally manufactured products in China domestic market in accordance with Barneys New York launching in coming August.

Oh Sang Kee, the CEO of Hyundai IBT said that “We planned to start marketing campaigns in China early next year but had to advance the schedule as the launching contract with Barneys New York in August emerged as big issue in China cosmetic industry” and “As we start marketing from August, we simultaneously plan to operate a local factory in China for stable supply system.”

NSP News Agency/NSP TV YEON SUN HAN Journalist, hanys4017@nspna.com
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