LG Household & Health Care Supports 50% of Rent for Franchise Stores Affected by COVID-19
[Asia Economy Reporter Yujin Cho] LG Household & Health Care announced on the 10th that it will support 50% of this month's rent for cosmetics franchise owners who are burdened with rent payments due to business contraction caused by the novel coronavirus infection (COVID-19).
There are about 500 cosmetics franchise stores operated by LG Household & Health Care, including Nature Collection and The Face Shop.
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LG Household & Health Care explained, "Due to the spread of COVID-19, consumers are going out less, causing franchise stores to experience a decline in sales, which led us to prepare this support measure."
This content was produced with the assistance of AI translation services.
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