SEOUL, April 5 (Korea Bizwire) — South Korea’s cosmetics makers expect a rise in sales this year as China moves to lift economic measures implemented in retaliation over the deployment of a U.S. anti-missile defense system here, industry sources said Thursday. South Korea’s makeup industry have enjoyed robust growth in recent years helped by “hallyu,” [...]
SEOUL, Dec.17 (Korea Bizwire) – Korean cosmetics brand Tonymoly announced that it has recently opened a flagship store in Macau. The first Tonymoly store in Macau opened on December 7 at Senado Square. A large screen was set up outside the store to draw the attention of customers. ‘FUN’ line products, which have unique containers, [...]
SEOUL, Nov.19 (Korea Bizwire) – Korean cosmetics brand Tonymoly announced that it has opened a store in Mexico City, the capital of Mexico. The new store represents the company’s first foray into Latin America. The store is located in the Hamburgo district of Mexico City. The shop features a ‘Professional Makeup & Hairzone’, which is [...]
SEOUL, Jul. 10 (Korea Bizwire) — South Korean cosmetic maker Tonymoly almost doubled its initial public offering (IPO) on Friday, but erased part of its earlier gains over a mixed outlook on its bid to tap deeper into China as a new growth engine beyond the saturated domestic market. Its shares opened trade at 64,000 [...]
SEOUL, Jun. 25 (Korea Bizwie) — South Korean cosmetic maker Tonymoly said Thursday it will expand its investment in China after a market debut next month, to tap deeper into the fast-growing beauty market. Tonymoly, the nation’s seventh-largest cosmetic brand by 2014 sales, has posted a double-digit growth since its establishment in 2006 and has [...]
SEOUL, Aug. 7 (Korea Bizwire) – Korea’s global cosmetics brand Tonymoly announced that it has opened a store in Manhattan in New York and will expand its business to all across the United States by the end of this year. Tonymoly has currently opened store locations in New York, Virginia, Hawaii and Guam, and sells its products [...]
GOYANG, Korea, Nov 08 (Korea Bizwire) – Korea’s cosmetic brand “Tonymoly” will move in to the U.S. market by signing a sales agreement with Amazon. The company said on November 7 it would sell cosmetic items on the Amazon.com site through a U.S. distributor Misemet. A company official said, “With a rapid growth of the global business-to-consumer [...]