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Tag: AmorePacific

Retail Asia24/08/2018
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Fashion

Amorepacific opens outdoor public exhibition on Jeju

4min0
South Korea’s leading cosmetics company Amorepacific is holding an outdoor public exhibition on Jeju Island until October 14, featuring natural aspects of Jeju, like its volcanic topography. Titled “apmap 2018 jeju — volcanic island,” the exhibition is part of the company’s “amorepacific museum of art project (apmap),” which portrays the natural vitality of Jeju through […]
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Retail Asia13/06/2018
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Fashion

Amorepacific loses a cushion compact patent

4min0
The Supreme Court dismissed Amorepacific’s patent on cushion compacts, putting an end to a three-year legal battle, according to the company on Tuesday. Amorepacific appealed a Patent Court of Korea ruling in February that invalidated the company’s patent for cushion compacts on the grounds that the product lacked “inventiveness.” This meant that its manufacturing didn’t […]
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Retail Asia12/06/2018
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Fashion

Innisfree makes Australian debut

1min0
Innisfree Australia has opened its first outlet, inside Melbourne Central shopping complex. This is Amorepacific’s second foray to promote its Korean cosmetics brand in Australia after Laneige launched in March. The company also expanded its Etude House brand in the Middle East this month. Innisfree, known for its green-tea lines, now has 12 stores in overseas markets including […]
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Retail Asia22/05/2018
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Fashion

Amorepacific Q1 net profit plunges 21%

3min0
Amorepacific Corp., South Korea’s leading cosmetics maker, said on its first-quarter net profit declined 20.9 percent from the previous year, due mainly to a sharp drop in the number of Chinese tourists. Net income came to 176.7 billion won (US$163 million) in the January-March period, compared with 223.5 billion won tallied for the previous year, […]
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Retail Asia18/05/2018
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Fashion

Luxury cosmetics brand Hera opens store in Singapore

2min0
Luxury beauty brand Hera under South Korea’s largest cosmetics conglomerate Amorepacific Group has opened its first store in Singapore that is expected to serve as the Korean beauty brand’s gateway to neighboring countries in Southeast Asia. According to Amorepacific on 11 May, Hera was officially launched in Singapore with the opening of its standalone boutique store inside […]
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Retail Asia16/05/2018
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Fashion

Amorepacific teams with magazine for their pop-up store

1min0
Amorepacific has partnered with Marie Claire magazine to open its first global beauty pop-up, in New York City. Open for 10 more days, the shop features products from such Amorepacific brands as Amorepacific, Annick Goutal, Iope, Laneige, Mamonde and Sulwhasoo. Special activities at the store include the opportunity to meet beauty experts, on-site treatments and product sampling. […]
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Retail Asia14/05/2018
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Fashion

Amorepacific’s profit slide due to Chinese Challenges

1min0
A sharp drop in Chinese tourist numbers has seen South Korean cosmetics maker Amorepacific’s profit slide 20.9 per cent in the first quarter. Net income came to KRW176.7 billion (US$163 million) in the January-March period, down from KRW223.5 billion won. Operating profit fell 25.5 per cent to KRW235.9 billion, while sales declined 8.8 per cent […]
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Retail Asia30/03/2018
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Fashion

Is hype gone for AmorePacific?

5min0
AmorePacific seems to be in a quandary, with the country’s fair trade watchdog investigating the cosmetics giant amid declining performance. According to AmorePacific’s auditory filing, the company logged 731.5 billion won (US$685.2 million) in operating profit last year, down 32.4 percent from a year earlier. Its sales also declined to 6.29 trillion won, down 10 […]
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Retail Asia22/03/2018
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Fashion

AmorePacific apologizes for tainted cosmetic products

1min0
AmorePacific Group, Korea’s largest cosmetics company, apologized Tuesday for selling products that contained high levels of the dangerous heavy metal antimony. The company said it is in the process of taking the products off store shelves. On Monday, the Ministry of Food and Drug Safety said that 13 cosmetic items from a local contract manufacturer […]
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Retail Asia15/03/2018
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Fashion

Amorepacific Enters Australia

3min0
Korean cosmetics giant Amorepacific Group has made its Australian debut this week. While the company has yet to open a standalone store there, it has opened a counter for its mid-range brand Laneige inside Sephora stores and started selling the range online. It describes the launch as “its forerunner to the Australian market”. After opening […]
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Retail Asia07/03/2018
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Finance

Popular K-beauty Brand, Mamonde Arrives in US

1min0
South Korean beauty brand Mamonde has expanded into the US via the Ulta retail chain. This marks the brand’s first foray outside its home market and the company expects the exclusive retail partnership to be the first step of a broader international foray. “We’re delighted to be the exclusive US brick and mortar retailer for […]
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Retail Asia26/01/2018
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Fashion

Innisfree Launches Snoopy-Inspired K-Beauty Makeup Collection

1min0
Korean eco-cosmetics brand Innisfree has partnered with Snoopy to release a limited-edition collection for the Year Of The Dog. Called Innisfree x Snoopy, the collection includes five-pastel-shade nail polish, creamy tint, cushion and palette cases, with images of a smiling Snoopy front and centre of the packaging. The whole collection is available on Innisfree’s website, […]
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Retail Asia09/01/2018
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Fashion

Amorepacific bets on luxury cosmetics for Europe push

2min0
After launching in France last year, South Korean cosmetics company Amorepacific aims to introduce one of its luxury brands in Britain this year and in Germany next year. It began selling its luxury Sulwhasoo brand of creams and other cosmetic products in Galeries Lafayette department store in Paris in September. Amorepacific Europe head Thierry Maman, hired in […]
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Retail Asia04/12/2017
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Fashion

Mamonde flagship to open at Takashimaya

1min0
After launching into Singapore via e-commerce this year, Korean beauty brand Mamonde has opened its first-ever global flagship store at Takashimaya Shopping Centre. It is decorated with blooms (both real and illustrated) giving it the air of a sensorial floral studio, as reported. The design inspiration comes from the Mamonde Garden in Korea where the […]
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Retail Asia01/12/2017
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Fashion

My Beauty Atelier concept in Seoul

4min0
London-headquartered Dalziel & Pow has created AmorePacific’s latest beauty concept store, My Beauty Atelier in Seoul. The design house describes the new store as AmorePacific brand “Aritaum’s “new benchmark for beauty retailing” in South Korea. “It is a playground for inspiration and guidance,” said the company, of the 90sqm boutique which opened in October in […]
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Retail Asia29/11/2017
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Fashion

AmorePacific opens new headquarters in Yongsan

4min0
AmorePacific has opened its new headquarters in Yongsan-gu, Seoul, beginning a new era for the 72-year-old cosmetics maker seeking to become one of the world’s top five “beauty” companies. The completion is expected to facilitate the firm’s Vision 2025 plan in which it aims to become a “great company. ” Toward that end, it is […]
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Retail Asia21/09/2017
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Fashion

AmorePacific is revamping products for SE Asia

4min0
South Korean cosmetics maker AmorePacific is revamping products to suit Muslim and darker-skinned women in Southeast Asia. It is pushing harder into Indonesia, Malaysia, Singapore, Thailand and Vietnam with a line-up that takes into account skin tones, the region’s humidity and the need for Muslim women to wash their faces five times a day before […]
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Retail Asia31/07/2017
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Fashion

AmorePacific Q2 profit and sales fall sharply

2min0
South Korean cosmetics company AmorePacific has reported a -58% fall in operating profit and a -16.5% drop in sales in Q2 2017, compared to the same period in 2016. Net profit plummeted by -59.8% year-on-year. Operating profit was KW101.6 billion (US$91.13 million) compared to KW240.6 billion in Q2 2016 and sales amounted to KW1,205 billion (US$1.1 billion). […]
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