Last year, AmorePacific lost its No. 1 cosmetics firm position in sales in Korea to LG Household & Health Care (LG H&H) after reporting US$4.4 billion in sales compared to the latter’s…
Etude House becomes capital impaired
AmorePacific’s cosmetics brand Etude House once aspired to become a global brand. However, after years of accumulating losses, Etude became capital impaired and AmorePacific is agonizing as it l…
Amorepacific joins RE100
Amorepacific said it has joined RE100, a global renewable power initiative, becoming the first South Korean cosmetics firm to do so.…
How are Korea’s largest beauty giants LG H&H and Amorepacific doing amidst Covid-19?
For several decades, South Korea’s cosmetics industry has been dominated by two major players — Amorepacific and LG Household & Health Care, together accounting for over 60 percent of the m…
Amorepacific appoints new president
Amorepacific announced the appointment of Kim Seung-Hwan as its new president on 19th November, in a major post-COVID-19 shakeup following lackluster sales this year.…
Amorepacific signs partnership with China Duty Free Group
Amorepacific said it signed a strategic partnership with China Duty Free Group (CDFG) to strengthen its global presence.…
Amorepacific announces second quarter results
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.…
Sulwhasoo expands into the Indian market
Premium cosmetic brand Sulwhasoo has launched its products in India through local retailer Nykaa’s online e-commerce channel, its manufacturer Amorepacific said.…
Amorepacific partners with skincare RATIONALE
Amorepacific Corporation announced a partnership with Australian luxury skincare company RATIONALE Group on 14th May 2020.…
Lotte Duty Free collaborates with Amorepacific to launch Sienu
Lotte Duty Free has launched a new travel retail-exclusive cosmetics brand, Sienu, developed jointly with Korean beauty house Amorepacific.…