It's Skin announced that it has agreed to form a joint venture with Zhejiang Semir Garment Company to tap deeper into the fast-growing market. It's Skin said it signed a memorandum of agreement with the Shanghai-based company to build a joint venture within this year, with the goal of beginning sales in mainland China as early as March next year. Under the agreement, the Korean company will develop new cosmetic products and the Chinese apparel company will take charge of marketing and sales in China.