Amorepacific Archives - Inside Retail Asia
The rapidly rising ranks of Korean singles is driving huge changes in the country’s retail industry.
Korean brand Mamonde has launched an e-commerce site for Singapore on Lazada.
Innisfree is launching in Indonesia in conjunction with Time International.
Mainland cosmetics prices are tumbling by up to 30 per cent after the government reduced taxes.
An illuminated central catwalk features in the new Espoir concept store in Seoul.
Multi-brand beauty retailer and wholesaler AmorePacific has reported a 30.7 per cent leap in first quarter profits.
Multi-brand Korean cosmetic shops are burgeoning, giving consumers a broader choice of products and price points as major retail groups battle for market share.
AmorePacific, South Korea’s largest cosmetic company, sees room for substantial growth in China thanks to the burgeoning ranks of the middle-class.
Scores of top beauty brands and cosmetics companies are setting up shop on Alibaba Group’s Tmall.com online marketplace.
The Korean parent of skincare brands including Laneige, Sulwhasoo and Etude, plans to open some 350 new stores this year.
Korean cosmetics company targets $2.9 billion sales by 2020 from China.