Amorepacific Group’s profit plummeted in the second quarter as sales at offline stores, including duty-free shops, suffered as a result of the pandemic.…
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Korean cosmetics makers announce Q2 sales report
South Korea’s major cosmetics makers forecast to have seen their operating profits fall nearly 20 percent in the second quarter from a year ago as sales at duty-free shops faltered amid the coro…
Amorepacific partners with skincare RATIONALE
Amorepacific Corporation announced a partnership with Australian luxury skincare company RATIONALE Group on 14th May 2020.…
Retailers in Korea produce rat-featuring products for 2020
Retailers in Korea have been rushing to roll out a wide range of rat-inspired products for 2020, which is the Year of the Rat, according to industry officials.…
AMORE Store x Lazada launches in Funan
Lazada Group, Southeast Asia’s top eCommerce platform, has partnered with Korean beauty company Amorepacific to launch its first-ever New Retail concept store at Funan in Singapore.…
K-beauty is expanding globally
K-beauty is rapidly expanding into different markets. …
Microbiome becomes the focus in K-beauty industry
Microbiome, a microbial ecosystem inside human bodies that functions to promote health and prevent disease, has become the latest buzzword in the global cosmetics scene and K-beauty industry has moved…
Amorepacific has strong results for third quarter 2019
Amorepacific Group posted 1.57 trillion won (US$1.4 billion) in sales with an operating profit at 120.5 billion won in the third quarter.…
How are Korea’s beauty brands doing in the industry?
The performances of Korea’s largest cosmetics companies continue to diverge.…
Korea’s Lotte opens Hanoi duty-free shop in Vietam
Lotte Duty Free has opened a store in Vietnam’s Noi Bai International Airport in Hanoi, the country’s capital and the second largest city.…