TS Trillion, the manufacturer and seller of the flagship brand ‘TS Shampoo’, announced on the 26th that it has sold the shares it had invested in Packet.
Packet manufactures and sells its own beauty brand mixsoon and provides customized consulting to other brands entering the Chinese market.
A TS Trillion representative stated, “We invested 990 million KRW in September 2021 to acquire 21,052 common shares of Packet,” and added, “By selling all the acquired shares this time for 1.23 billion KRW, we realized an investment gain of 230 million KRW, achieving a return of 23.78%.”
TS Trillion manufactures and sells hair care products specialized for hair loss, hair texture, and scalp health, including shampoo, treatment, wax, and hair dye. The domestically dominant ‘TS Shampoo’ was launched on Amazon and Walmart online platforms in the U.S. in the first half of this year, and ‘TS The Good Hair Dye’ recently entered the Chinese market, continuing strong sales through home shopping.
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