Korea Technology Signs Exclusive US Distribution Agreement for Nature Republic Hand Sanitizer

On the 1st, at the contract signing ceremony held at the Nature Republic headquarters, Kim Yong-bin, Chairman of Korea Technology (left), and Jung Woon-ho, CEO of Nature Republic, are posing for a commemorative photo.

[Asia Economy Reporter Eunmo Koo] Korea Technology is partnering with the cosmetics brand Nature Republic to supply hand sanitizers to the Americas, where COVID-19 is rapidly spreading.

On the 2nd, Korea Technology announced that on the 1st, it signed an exclusive sales contract for Nature Republic's hand sanitizer products in the Americas at Nature Republic's headquarters in Gangnam-gu, Seoul. Through this contract, Korea Technology has obtained the exclusive sales rights for Nature Republic's hand sanitizer (Hand & Nature Sanitizer Gel) in the Americas.

A company official stated, "We plan to supply hand sanitizers to the North American region in cooperation with Nature Republic, which first introduced hand sanitizers among brand shops in 2013, and we are currently preparing the products." He added, "In the Americas, there is a severe shortage of masks, hand sanitizers, and daily necessities. While mask exports are prohibited, hand sanitizer exports are allowed, so we have decided to proceed with exports."