SEOUL, Feb. 4 (Korea Bizwire) - CJ Olive Young Corp., the distribution unit of South Korean food-to-cosmetics conglomerate CJ Group, said Tuesday it has set up a business entity in the United States as part of its expansion strategy. CJ Olive Young has recently established CJ Olive Young USA in Los Angeles to expand its presence [...]
SEOUL, Jan. 30 (Korea Bizwire) — In a significant shift within South Korea’s beauty industry, “inner beauty” supplements are gaining momentum as the next frontier of K-beauty, marking a transition from traditional cosmetics to ingestible beauty products. According to industry sources, the inner beauty segment is experiencing rapid growth, driven by increasing consumer interest in holistic health [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea’s duty-free sector is grappling with declining performance as foreign tourists increasingly favor road shops and specialty stores, such as health and beauty retailer Olive Young, over traditional duty-free outlets. This trend was highlighted at the “2025 Retail Industry Outlook Seminar” held by the Korea Chamber of Commerce [...]
SEOUL, March 25 (Korea Bizwire) — Olive Young, South Korea’s biggest health and beauty drugstore chain, announced Tuesday that it will be affixing “footprint” stickers to the floor by checkout counters, encouraging shoppers to follow recommended social distancing directives. The company’s management explained that the footprint stickers are being employed to ensure that an appropriate [...]
SEOUL, April 18 (Korea Bizwire) — Shoppers with a heightened awareness of harmful chemical substances used in consumer products are driving sales of high-end skincare products that are mostly hypoallergenic and rely on naturally derived ingredients. Beautyshop-and-drugstore chain Olive Young announced Q1 revenue generated from such products was 200 percent higher than in the preceding [...]
SEOUL, March 22 (Korea Bizwire) — Olive Young and Starbucks have been named the most desirable franchises to work for by South Korean part-time workers, a new survey has found. The South Korean drug store chain is the most popular workplace for part-time workers in South Korea, according to a survey conducted by part-time job search [...]
SEOUL, Feb. 9 (Korea Bizwire) – Franchise drug store Olive Young’s decision to attract online shoppers who rely heavily on overseas direct purchasing by stocking its stores with popular foreign items is paying off. Olive Young, a beauty shop which sells various trinkets and paraphernalia as well as drinks and snacks, revealed that sales of [...]
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, Sept. 7 (Korea Bizwire) — South Korean consumers prefer to buy new cosmetics products at offline stores, while bestselling products are most often sold online, a new market report has revealed. According to a Wednesday statement by CJ OliveNetworks, which runs the country’s major cosmetics store chain Olive Young, new products within three months [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s health care and beauty-related stores are posting solid growth allowing them to consider expanding operations at home and abroad, industry data showed Tuesday. According to findings released by local retailers, health and beauty (H&B) chain stores like Olive Young, GS Watsons and LOHBs have done well, posting [...]