Thor Equities Group has secured a lease with Korean skincare company Skin 1004 for its first standalone North American store at 470 Broadway in SoHo, New York City. Known for high-quality, plant-based products, Skin 1004’s new location marks a significant expansion into the U.S. market.
Thor Equities Secures U.S. Flagship for Skin 1004 in SoHo
Key Takeaways:
- Thor Equities Group has leased 470 Broadway in SoHo to Skin 1004.
- Skin 1004 is opening its first standalone North American store.
- The brand offers high-quality, plant-based skincare products.
- The lease announcement was made on May 07, 2025.
- This move enhances SoHo’s reputation as a premier retail destination.
Thor Equities Brings Korean Skincare Pioneer to SoHo
Thor Equities Group, a global leader in urban real estate development, leasing, and management, announced on May 07, 2025, that it has secured a lease with Korean skincare company Skin 1004. The new store, located at 470 Broadway in New York City’s SoHo district, marks Skin 1004’s first standalone location in North America.
Skin 1004’s North American Debut
The arrival of Skin 1004 to SoHo signifies a major step for the brand’s expansion into the U.S. market. Known for its high-quality skincare products made from plant-based ingredients, Skin 1004 has garnered a strong following in Asia. The SoHo store will provide American consumers with direct access to the company’s acclaimed product line.
A Commitment to Plant-Based Skincare
Skin 1004 has built its reputation on the efficacy of natural ingredients, emphasizing the importance of plant-based formulations in skincare. By offering products that cater to a growing demand for clean and sustainable beauty solutions, the brand aligns with consumer trends prioritizing health and environmental consciousness.
Thor Equities’ Role in Urban Retail Growth
As a prominent figure in urban real estate, Thor Equities Group continues to influence the retail landscape of major cities. The collaboration with Skin 1004 demonstrates Thor Equities’ dedication to bringing innovative and sought-after brands to key urban locations. Their expertise in identifying and securing prime real estate opportunities plays a crucial role in the successful expansion of international brands.
The SoHo Influence
SoHo, renowned for its upscale boutiques and vibrant arts scene, provides an ideal backdrop for Skin 1004’s flagship store. The neighborhood’s blend of historic charm and contemporary flair attracts both locals and tourists, making it a strategic choice for brands looking to establish a significant presence in New York City.
Looking Ahead
The introduction of Skin 1004 to the U.S. market is anticipated to enrich the diversity of skincare options available to consumers. With Thor Equities Group facilitating this significant move, the partnership is set to contribute positively to the economic and cultural tapestry of SoHo.
By bringing Skin 1004 to SoHo, Thor Equities Group continues to demonstrate its commitment to enhancing urban commercial spaces with globally recognized brands. The new store promises to offer an authentic Korean skincare experience, embracing natural ingredients and catering to the evolving preferences of beauty enthusiasts in North America.