KanS

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KanS - overview

Location

Shanghai, -, China

Primary Industry

Consumer Products

About

KanS is a skincare company focused on developing innovative beauty products that cater to the specific needs of consumers, particularly in the Asian market. The brand emphasizes high-quality ingredients and effective formulations. KanS specializes in skincare solutions, including facial masks and serums. Founded by Yixiong Lv, the company is based in Shanghai, China.


In May 2015, they received CNY 400 million in funding from CITIC Capital Holdings and New Alliance Capital, among others, marking a strategic investment in their growth. Yixiong Lv has a background in the beauty industry which has informed the company's direction. KanS (韩束) offers a diverse range of skincare products, including facial masks, serums, and moisturizers, focused on addressing hydration, anti-aging, and skin brightening concerns. Their offerings target primarily the Asian market, especially China, where they cater to the growing middle class's demand for effective skincare solutions.


The brand emphasizes high-quality ingredients and innovative formulations, and has expanded its reach to international markets such as Southeast Asia and parts of North America. KanS generates revenue through direct-to-consumer sales and partnerships with retailers, utilizing both B2C and B2B models. Customers purchase products via the company's online platform and retail stores, with options for one-time purchases or subscriptions. Their pricing strategy is designed to appeal to a broad consumer base, from budget-conscious to premium buyers, while collaborations with major beauty retailers enhance their market visibility.


Following the CNY 400 million investment in May 2015, KanS plans to introduce new skincare products, specifically targeting innovative formulations that meet evolving consumer preferences. The company is also looking to expand into new markets, with a focus on Southeast Asia and North America by 2023. The recent funding will be utilized to support product development and market entry strategies, solidifying their foothold in the competitive beauty industry.


Current Investors

CITIC Capital Holdings, New Alliance Capital

Primary Industry

Consumer Products

Sub Industries

Beauty & Hygiene, Biomaterials

Website

www.kans.cn

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

KanS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedKanS-

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KanS - key contacts

NamePositionStart DateEnd DateVcardBio 
Chief Executive Officer & Executive DirectorBM

BM Board Member

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