SEOUL, May 10 (Korea Bizwire) – Sales of high-heel shoes are on the decline as Korean women are increasingly seeking shoes with lower heels. According to Kumkang, a major shoemaker in Korea, high heels (taller than 7cm) accounted for only 54 percent of its women’s footwear sales in 2015. The figure was 83 percent in [...]
SEOUL, May 3 (Korea Bizwire) – A scientific research proved that a person’s life expectancy can be changed by simply sensing certain tastes and smells. On May 2, a research team at Postech (Pohang University of Science and Technology) led by Professor Seung Jae Lee and Ph.D. candidate Murat Artan reported that activating taste and [...]
SEOUL, Apr. 28 (Korea Bizwire) — Cosmetic shops that sell various brands under one roof have steadily expanded their presence in South Korea, giving sophisticated customers more options, according to industry officials Thursday. AmorePacific Co., South Korea’s No. 1 cosmetic company, operates about 1,350 multi-brand stores, called “Aritaum,” nationwide, which offer a wide selection of [...]
SEOUL, April 27 (Korea Bizwire) – New research shows that fragrant plant ingredients can be used to make skin-whitening cosmetics. A research team from the Division of Functional Food Research, led by Dr. Sang-yoon Choi, demonstrated how Geranic acid, which is an aromatic component found in roses and other plants, can suppress skin pigmentation, said [...]
SEOUL, April 27 (Korea Bizwire) – Korea’s market for male grooming products and services is continuing on a path of rapid growth. “Despite the global economic recession, Korea’s male grooming market is growing faster than anywhere else in the world,” said Peter Kwak, vice president of the Consumer Lifestyle Division of Philips Korea, during a [...]
SEOUL, March 31 (Korea Bizwire) – The head of AmorePacific Co., South Korea’s top cosmetic company, has reaffirmed his commitment to the Chinese market, 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 [...]
SEOUL, March 28 (Korea Bizwire) – Rebellious haute couture maestro Jean Paul Gaultier struck Korean fashion lovers with awe when his variation of women’s hanbok, a traditional Korean outfit, was unveiled in the media event of his latest exhibition here on Friday. The 64-year-old “enfant terrible” considered the upcoming exhibition at the Dongdaemun Design Plaza as a creation [...]
SEOUL, March 25 (Korea Bizwire) – AmorePacific, South Korea’s top cosmetics maker, said Friday it will open a new flagship store for its luxury oriental brand Sulwhasoo next week to offer customers a hands-on experience and boost its brand image. The four-story building (with a basement) in the affluent Gangnam district is the nation’s largest flagship [...]
SEOUL, March 24 (Korea Bizwire) – The ‘K-beauty’ market is expanding its sphere of influence beyond Asia, and reaching out to other global markets. According to Aju News, a Korean newspaper, Korean cosmetics brands are exploring new markets worldwide. As the global interest in K-pop and K-dramas is rising, women all over the world are now looking [...]
SEOUL, Feb.18 (Korea Bizwire) – Changes are afoot in the cosmetics industry, with brand rankings in turmoil. It’s Skin climbed up to rank fourth due to its success with ‘snail cream’, and the formerly fourth ranked Etude dropped to sixth after slow sales continued for two years straight. According to industry analysts, The Face Shop [...]