AmorePacific

Retail Asia14/03/2017

Korean beauty products brand Mamonde has launched an e-commerce site on Lazada to introduce its skincare and makeup products into Singapore. Mamonde’s USP is using flower extracts in its products. Camellia, hibiscus, honeysuckle, lotus and magnolia blooms are hand-picked and frozen or heat dried, with the active ingredients then being extracted. There are plans to […]

Retail Asia17/02/2017

Beauty products brand Innisfree is launching in Indonesia with brand curator Time International. Part of Korean global beauty company AmorePacific Group, Innisfree offers products made with natural ingredients from Jeju, a volcanic island off the southern coast of the Korean Peninsula. Innisfree’s first store will open at Central Park Mall Jakarta on March 24, following […]

Retail Asia04/02/2017

AmorePacific Group’s yearly operating profit surpassed 1 trillion won in 2016 for the first time on diverse retail offerings in Korea and momentum in the global market. The company’s operating profit rose 18.5 percent year on year, reaching 1.08 trillion won ($940 million). Its revenue also jumped 18.3 percent compared to the previous year, hitting […]

Retail Asia07/01/2017

China’s new import tax regime has enabled cosmetics giants AmorePacific and Estee Lauder to lower their prices in China by up to 30 per cent. AmorePacific’s China division says it will reduce Mainland cosmetics prices for 327 lines under the brands of Etude House, Innisfree, Laneige and Sulwhasoo by 3 to 30 per cent from […]

Retail Asia12/10/2016

Internet celebrities in China, known as “Wang Hong” there, have been in the limelight among Korea’s cosmetics and retail industry officials, amid a chilly relationship between the two countries. Bilateral relations have soured since Korea decided to deploy the Terminal High Altitude Area Defense (THAAD) missile system. The online stars, who have millions of followers […]

Retail Asia12/07/2016

South Korean retailers and cosmetics companies are closely watching China’s moves after Korea and the US decided to deploy an advance missile defense system in the country on July 8. Neighboring China lodged a swift protest against the decision announced in the morning which is expected to further heighten geopolitical risks. Local cosmetics makers and […]

Retail Asia06/05/2016

Korean cosmetic shops that sell various brands under one roof have steadily expanded their presence across the country, giving sophisticated customers more options, according to industry sources. AmorePacific, South Korea’s No. 1 cosmetic company, operates about 1350 multi-brand stores, called Aritaum nationwide, which offer a wide selection of its products, including such mass brands as […]

Retail Asia11/04/2016

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AmorePacific, South Korea’s largest cosmetic company, has reaffirmed its commitment to China, seeing further room for growth in the rising middle-class consumers there, the firm said Thursday. AmorePacific has shown stellar performance in China with a range of luxury and low-end brands, thanks to the rising popularity of Korean drama and pop. It logged 5.66 […]

Retail Asia10/03/2016

Scores of high-end cosmetics companies are setting up shop on Alibaba Group’s Tmall.com online marketplace as eCommerce continues to gain ground as a critical marketing and sales channel for reaching China’s increasingly sophisticated consumers. At the recent Tmall Beauty Awards ceremony in Shanghai, which celebrated the top cosmetics brands operating on the eCommerce platform, Alibaba […]

Retail Asia27/02/2015

The Korean parent of skincare brands including Laneige, Sulwhasoo and Etude, plans to open at least 300 new stores in China this year. AmorePacific expects a 30 per cent increase in sales in 2015, fuelled by a 15 per cent expansion in its existing China store network now numbering 2335. Despite intense competition from local […]

Tag: AmorePacific

Mamonde launches Singapore site on Lazada

Innisfree to launch in Indonesia

AmorePacific operating profit tops 1 trillion won in 2016

Tax changes lower Mainland cosmetics prices

Chinese celebs promote ‘K-beauty’

Korean cosmetics makers fear losses from THAAD deployment

Multi-brand Korean cosmetic shops thrive

China ripe for AmorePacific

Tmall driving more than sales for top beauty brands

AmorePacific plans 350 new China stores