SEOUL, Oct. 13 (Korea Bizwire) – China was the biggest buyer of South Korean beauty products, taking up almost half of the country’s cosmetics sold overseas last year, data showed Thursday. According to the data submitted by the Korea Health Industry Development Institute to the National Assembly, China accounted for 41.1 percent of South Korea’s [...]
SEOUL, July 4 (Korea Bizwire) – K-pop, K-drama, K-beauty, K-fashion…the list goes on. But the latest K-trend that is showing significant growth is ‘K-jewelry’. According to Lotte Duty Free on July 3, Q2 sales of domestic jewelry brands at its duty free stores across Korea increased by 80 percent compared to Q2 2015. It’s a [...]
SEOUL, May 31 (Korea Bizwire) – A recent study has discovered good news for women who like chocolate. A research team in Seoul, after weeks of scientific investigation, proved that chocolate is highly effective in improving skin elasticity and preventing wrinkles. Gi Won Yoon, a researcher at Seoul National University’s Advanced Institutes of Convergence Technology, stated [...]
SEOUL, May 24 (Korea Bizwire) – South Korean cosmetics manufacturers have grown quickly in China on the back of their advanced production technology and K-beauty boom in the fast-rising market, industry officials said Tuesday. Chinese cosmetics brands have expanded their partnerships with Korean original design manufacturers (ODMs), which design and manufacture a product as specified and [...]
SEOUL, Feb.4 (Korea Bizwire) – Kakao, the Korean internet pioneer, has selected ‘Hair Shop’ as its first O2O (online to offline) business in the beauty sector. Kakao plans to expand its O2O business by releasing new services in the relief driver business and the hair industry. According to industry analysts, Kakao is planning to launch [...]
Seoul, July 17 (Korea Bizwire) – A monthly women’s magazine in Argentina has published favorable comments about the Korean beauty industry, which is overwhelming Japan. The Argentinean cultural institute in Korea introduced an article published in OHALA, a popular women’s magazine that covers fashion and beauty issues. Under the title ‘Seoul is the trend’, OHALA opined [...]
SEOUL, May 25 (Korea Bizwire) – According to the Korean Intellectual Property Office, there has been a recent hike in the number of patent applications for brand names that include words that are related to colors. Customers will now be able to see diverse color brands on the cosmetics stand as applications for trademarks that [...]