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LG Household & Health Care Discontinues Makeup Brand TIPSY as Part of Restructuring

LG Household & Health Care logoLG Household & Health Care
Sig2.60Sen-1.50Env0.00Soc0.00Gov0.00

LG Household & Health Care discontinued its color makeup brand TIPSY as part of a broader brand restructuring. The company liquidated Roa Korea and withdrew after operating TIPSY as an in-house brand and failing to strengthen its market presence. The History of Whoo remains a major beauty sales driver, while the firm reported higher consolidated sales and operating profit this year.

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