Nature Republic stingy in sharing success with employees
Jun 17, 2016
[The INVESTOR] Despite Korean cosmetics brand Nature Republic seeing overwhelming success, with revenue increasing sixfold in six years, the 7-year-old company has been stingy in sharing wealth with its employees.The unlisted company’s business profits increased by 20 billion won ($17.2 million) between 2010 and 2016, which resulted in the value of Nature Republic CEO Jung Woon-ho’s 73.8 percent hold of company shares surging to 73.2 billion won. Nature Republic CEO Jung Woon-hoHowever, instead