FS Korea Industries:Innovative Leader in the Cosmetic Industry
FS Korea provides innovative cosmetic tools and packaging solutions to the international cosmetic market. Established in 1988, the company has enjoyed a rapid growth which has led to renowned prominence and recognition for its innovative packaging and components by the international cosmetic companies including Lancome, Chanel and The Body Shop. One of company’s main products, the cosmetic brush is enjoying exceptional popularity in the world’s professional make-up brush market with its market share reaching 45%. Accordingly, the company’s revenues have grown impressively, doubling its yearly revenues between 2003 and 2008.
FS Korea is a socially and environmentally conscious company. The company uses a high percentage of post-consumer recycled content in its packaging and minimizes the consumption of petrochemicals by using alternative materials, such as WPC and PLA. The company also thinks of environmental protection when selecting raw materials. It selects the wood for brush handles exclusively from managed forests. Thanks to its consistent environmental commitment, the company acquired FSC certification by the Forest Stewardship Council in 2003.
Since 2001, the company has been SA8000 certified. SA8000 certification is the world’s first auditable social certification standard for decent workplaces. According to the principles and policies in accordance with SA8000, FS Korea seeks to protect the basic human rights of workers, refraining from child labor and discriminative hiring practices, as well as providing employees with safe, hygienic working conditions and appropriate work hours. Also, to ensure its employees’ welfare, the company supports employees’ medical costs which exceed one million won.
Employee satisfaction has led to subsequent quality improvement. FS Korea ensures its quality of service from start to finish, right from selecting materials to the packaging of the product. Thanks to this, customers are favoring FS Korea’s products over Chinese alternatives despite the high price.
FS Korea now sets its sights on the cosmetic market. It launched its own cosmetic brand, “Mi” in Belgium and is knocking on the door of the global cosmetic markets. Hwang, Jae-Kwang, the CEO of FS Korea is very confident of its global expansion, saying “We will lead global buyers with our unparalleled design and quality rather than price.” For more information, you can visit http://www.fskorea.com/