AmorePacific Archives | Be Korea-savvy
AmorePacific Taps Australia with Popular Brand Laneige

AmorePacific Taps Australia with Popular Brand Laneige

SEOUL, Mar. 14 (Korea Bizwire) — AmorePacific Group, a major cosmetics maker here, said it entered the Australian market Wednesday with one of its most popular brands, as the company accelerates its overseas push in the face of a sharp decline in the number of Chinese tourists. Products of AmorePacific’s mid-end Laneige are now available [...]

AmorePacific’s Q4 Net Plunges 76% Due to Drop in Tourists

AmorePacific’s Q4 Net Plunges 76% Due to Drop in Tourists

SEOUL, Jan. 31 (Korea Bizwire) – AmorePacific Corp., South Korea’s top cosmetics maker, said Wednesday its fourth-quarter net profit dropped 76.2 percent from the previous year, due largely to a sharp decline in the number of Chinese tourists. Net income came to 17.3 billion won (US$16.17 million) in the October-December period, compared with 73 billion won the previous year, the company said in a regulatory filing. Operating profit fell 24.7 percent on-year to 76.9 billion won [...]

AmorePacific Launches Makeup Campaign for Cancer Patients

AmorePacific Launches Makeup Campaign for Cancer Patients

SEOUL, Oct. 13 (Korea Bizwire) — South Korean skincare company AmorePacific has launched a new makeup campaign dubbed ‘Make Up Your Life’ for cancer patients, which will see the company’s door-to-door salespeople known as ‘Amore Counselors’ visit hospitals across the country to give makeup advice and beauty counseling. Beginning at Korea University Guro Hospital on [...]

Lotte Mart Pulls out of China, Triggering Fears of Domino Effect

Lotte Mart Pulls out of China, Triggering Fears of Domino Effect

SEOUL, Sept. 15 (Korea Bizwire) – Lotte Group’s decision to pull its supermarket chain out of China after months of politically motivated retaliation from the Chinese government is triggering fears it could cause a domino effect among South Korean companies. After being subject to incessant retaliation – including raids by safety authorities from the Chinese government [...]

South Korean Cosmetics Rip-Offs in China Confuse Customers Online

South Korean Cosmetics Rip-Offs in China Confuse Customers Online

SEOUL, May 15 (Korea Bizwire) – Trademark infringement of South Korean cosmetics makers in China has been on the rise with Amorepacific taking to court a Chinese website that sells rip-off products of its brand Laneige. The South Korean cosmetics giant brought a trademark infringement case against an online shopping mall called ‘laneigeonline.com’ at a local [...]

Multi-brand Cosmetic Shops Expand Presence in S. Korea

Multi-brand Cosmetic Shops Expand Presence in S. Korea

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 [...]