SEOUL, Oct. 20 (Korea Bizwire) — LG Household & Health Care Ltd. is estimated to have outperformed industry leader Amorepacific in the third quarter, thanks to a robust growth in the non-cosmetics business, a poll showed Tuesday. South Korea’s No. 2 cosmetics company is projected to have logged an operating profit of 320.9 billion won [...]
SEOUL, Aug. 28 (Korea Bizwire) — A South Korean research team has developed a clinical evaluation method for blue light skin protection, in a world first. The Anti-Pollution Research Center of AmorePacific Corp., a major cosmetics maker, announced on Thursday that it found a blue light wavelength that is harmful to skin and developed a [...]
SEOUL, Apr. 10 (Korea Bizwire) — AmorePacific Group said Wednesday that its leading brand, LANEIGE, has entered the European market as South Korea’s leading cosmetics maker accelerates its overseas push. Products of AmorePacific’s mid-range LANEIGE are now available at over 800 stores of French cosmetics chain Sephora in 18 countries, including France, Russia, Spain, Italy, [...]
SEOUL, Feb. 26 (Korea Bizwire) — Nowadays, products purchased online are typically delivered in a big box with bubble wrap for protection. But once the package is safely delivered, the packaging becomes nothing more than waste. AmorePacific Corp., however, has chosen to make use of paper packaging materials instead of bubble wrap. What seems like [...]
SEOUL, Jul. 26 (Korea Bizwire) — South Korea’s leading cosmetics firm AmorePacific Group won a trademark infringement lawsuit against a Chinese company regarding the group’s Sulwhasoo brand. AmorePacific revealed yesterday that it had filed a lawsuit against a Chinese company based in Shanghai, China and won the case at the appellate court recently. In a [...]
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 [...]
SEOUL, Mar. 8 (Korea Bizwire) — People living in cities are more likely to develop skin problems such as rashes, spots and eczema due to an increased number of skin microorganisms, a new study has revealed. The joint study conducted by Amorepacific and the College of Biotechnology and Natural Resources at Chung-Ang University has found a [...]
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 [...]
SEOUL, Jan. 11 (Korea Bizwire) – Xiaohongshu, a Chinese social e-commerce mall said Thursday it is looking for South Korean companies who will sell their products on its rapidly growing platform. Launched in 2013, Xiahongshu, also known as RED, is an online retail mall with more than 75 million registered users and also has a [...]
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 [...]