SEOUL, Jan. 25 (Korea Bizwire) — Nature Republic Co., a South Korean cosmetics firm, said Thursday that it has opened its first outlet in Indonesia, as it attempts to expand its presence in the Southeast Asian market. The store, at a shopping mall in Jakarta, posted about 100 million won (US$94,000) in sales on its [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s beauty and fashion brands are leading a new round of hallyu, or the Korean Wave, in Japan, where the market for the products is growing, a local trade body said Thursday. Japan imported 2.68 billion yen (US$24.47 million) worth of cosmetics from South Korea in the January-September [...]
SEOUL, Jan. 10 (Korea Bizwire) — The South Korean government will assist local cosmetics makers in expanding their presence in the Association of Southeast Asian Nations (ASEAN) market, the government said Wednesday. The Ministry of Food and Drug Safety will expand education programs for local manufacturers, covering topics such as customs procedures and product registration, [...]
SEOUL, Jan. 10 (Korea Bizwire) — Makeup testers at beauty stores across South Korea have been found ridden with germs, a new study has shown. The Korea Consumer Agency discovered that nearly 3 in 10 makeup testers are covered in germs after looking into a number of beauty shops in busy areas of Seoul, with [...]
SEOUL, Jan. 5 (Korea Bizwire) — Sales of beauty products for children rose last year, industry data showed Friday, as a growing number of girls are starting to wear makeup at an early age. The data provided by SK Planet Co., the operator of local e-commerce platform 11st, showed that sales of such products on [...]
SEOUL, Dec. 21 (Korea Bizwire) – A hanbok expert says a growing number of young South Koreans are choosing to don traditional Korean attire, as many see it as a substitute for ready-made clothes, and the unique design presents a fun experience similar to cosplay. According to Joo Do-gyeong, who studied anthropology at Seoul National University, [...]
SEOUL Dec. 13 (Korea Bizwire) – A new study has found 6 in 10 South Koreans believe they have sensitive facial skin, one of the highest figures in the world. A research team led by professor Lee Yang-won at Konkuk University Medical Center revealed on Tuesday that around 57 percent of South Koreans believe their facial [...]
SEOUL, Nov. 24 (Korea Bizwire) – South Korean companies are pushing to expand their presence in the Middle Eastern market after suffering backlash from a diplomatic row between Seoul and Beijing over a U.S. missile defense system here, industry watchers said Friday. Earlier in the day, the Korea Federation of Small and Medium-sized Enterprises (SMEs) [...]
SEOUL, Nov. 24 (Korea Bizwire) – Sales of male cleansers and technical underwear are increasing in South Korea. According to recent data from health and beauty store Olive Young, sales of beauty products and technical underwear for male consumers increased by 160 percent during the first three weeks of November compared to the same time [...]
SEOUL, Nov. 23 (Korea Bizwire) — E-Mart Inc., South Korea’s largest discount chain operator, said Thursday its beauty brand will open a store in Saudi Arabia next year, as the retailer attempts to expand its presence in the overseas market. The company said it signed an agreement with the Middle Eastern country’s major retail group [...]