SEOUL, March 6 (Korea Bizwire) — The outbreak of the novel coronavirus is changing the landscape of vanity tables across South Korea. While demand for makeup products generally increases during this time of the year, many so-called “trouble care” cosmetics are being sold this year as wearing a mask has become routine with the COVID-19 [...]
SEOUL, Feb. 27 (Korea Bizwire) – In the wake of the spread of the novel coronavirus outbreak, a growing number of people are buying clothes online. On the other hand, the cosmetics industry, which has suspended face-to-face services such as makeup demonstrations, is suffering from a sharp drop in sales. An online mall Handsome.com run [...]
SEOUL, Feb. 18 (Korea Bizwire) — British luxury brand Burberry has cancelled its invitations of South Korean celebrities and branch workers to its show at London Fashion Week due to coronavirus concerns, the company said Tuesday. Actor Yoo Ah-in and actress Gong Hyo-jin, as well as employees of Burberry Korea, were scheduled to attend the [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s exports of beauty products to Japan advanced nearly 30 percent in the first 11 months of last year, data showed Sunday, despite the ongoing bilateral trade row stemming from their shared history. Asia’s No. 4 economy shipped US$370 million worth of beauty products to Japan in the [...]
SEOUL, Dec. 31 (Korea Bizwire) — Instead of following the uniform trend and falling into a groove, 2020 will be the year of consumers choosing their preferred brands based on the beliefs and values they seek. The Samsung Fashion Institute said Monday that consumers’ needs will be increasingly fragmented next year and brands are also [...]
SEOUL, Dec. 17 (Korea Bizwire) — China was the biggest buyer of South Korean beauty products last year, accounting for more than 60 percent, a report showed Tuesday. The report compiled by the Korea International Trade Association (KITA) showed that 65.6 percent of outbound shipments of locally made cosmetics products headed to China, Hong Kong [...]
SEOUL, Dec. 16 (Korea Bizwire) — Controversy is rising over ‘high heels for children’ and other fashion goods aimed at children as the children’s beauty market is expanding. 11st, an online shopping mall, reported that sales of cosmetics for children have surged by 360 percent since last year. Following the success of Walt Disney’s sensational [...]
SEOUL, Dec. 12 (Korea Bizwire) — Japan is threatening to overtake South Korea’s No. 1 status in China’s imported cosmetics market this year, industry data showed Thursday, mainly on the back of the growing popularity of low- to mid-priced “J-beauty” products. Japanese companies accounted for 25.2 percent of China’s imported cosmetics in the January-October period, [...]
SEOUL, Dec. 6 (Korea Bizwire) — As more Chinese consumers are taking an interest in the components contained in cosmetic products, South Korean cosmetic brands are infiltrating the Chinese market using their reputation for using ‘good recipes’. Venndata, a Chinese market research agency, reported that 45 percent of Chinese consumers were found to purchase cosmetics [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korea aims to become the third-largest cosmetics exporter in the world by 2022 through extensive investment in research and development (R&D) and concerted marketing efforts, the government said Thursday. The country’s makeup products are globally competitive, with growth buoyed by popularity of the Korean Wave and the growing [...]