Retail in Asia

In Sectors

S Korea cosmetics sales surge on increasing demand

Sales of cosmetics jumped 9.6 percent to KRW10.82 trillion (USD9.6 billion) in South Korea last year on greater demand from foreign tourists and local consumers’ diversifying tastes. Last year marked the second sharpest year-on-year growth in cosmetics sales after 11.3 percent in 2009, according to Statistics Korea.