• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Stepping into the Spotlight for 2021

    The Independent Beauty Association Supports Sensible Reform

    Essential Workers

    A Clean Commitment

    Deliver & Delight
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    Associations Congratulate Biden & Harris

    David Stanko Joins JPMS

    Ross Introduces Double Cone Tumble Blender

    Colonial Chemical Announces New Facility

    Ashland Acquires Schülke & Mayr's Personal Care Business
    Blog
    Online Exclusives
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    36. American International Industries

    9. Amorepacific

    29. McBride

    7. Amway

    11. Limited Brands
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    Associations Congratulate Biden & Harris

    Ashland Acquires Schülke & Mayr's Personal Care Business

    FDA Issues New Guidance On Pharmaceutical Alcohol

    No7 Adds At-Home Resurfacing Peel

    A Surge in Interest for Supplements & Vitamins
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    David Stanko Joins JPMS

    Ashland Acquires Schülke & Mayr's Personal Care Business

    FDA Issues New Guidance On Pharmaceutical Alcohol

    State Announces First SARS-CoV-2 Kill Claim

    No7 Adds At-Home Resurfacing Peel
    Lab Equipment
    Mixing
    Packaging
    Testing

    Ross Introduces Double Cone Tumble Blender

    Happi Talks: Overnight Labels

    Three Form Vertical Beauty Alliance

    Logo Design Trends for 2021 & Beyond

    Coming Clean About Stink
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New Company
    Corporate Profiles
    International Buyers Guide Companies
    Jeen International

    KLK OLEO

    Ashland

    QRS (Quality Resourcing Services)

    Praan Naturals
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Videos
    • Podcasts
    • eBook
    • Infographics
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Top Companies Report

    9. AmorePacific

    ...

    Related CONTENT
    • Amyris Named a Top Social & Environmental Impact Company
    • L'Oréal Names Chief Communications Officer
    • New CEO for Dollar Shave Club
    • Former Chanel CEO Joins Credo BoD
    • Amyris' Sugarcane Is Traceable
    07.29.16
    South Korea
    www.amorepacific.com
    Sales: $4.1 billion

    Key Personnel: Kyung-bae Suh, chairman and chief executive officer; Dong-hyun Bae, president and chief executive officer; Seung-hwan Kim, managing director, planning and innovation.

    Major Products: Skin Care—Sulwhasoo, Laneige, Mamonde, Innisfree, Hera, Iope, Happy Bath, Primera, Odyssey, Illi, Lirikos, Aestura, Makeon; Cosmetics—Etude, Hanyul, Espoir, Aritaum; Fragrance—Annick Goutal, Lolita Lempika; Inner Beauty—Vital Beauty; Hair Care—Ryo, Mise-en-Scéne; Oral Care—Median.

    New Products: Luminous Effect Brightening Serum, Moisture Bound Intensive Serum Masque and Future Response age defense serum.

    Comments: With the beauty industry’s obsession for all things Korean, it’s no wonder that sales rose 23% last year at AmorePacific, Korea’s largest beauty company. After all, the company’s cushion cosmetic technology has become the darling of the beauty world with competitors introducing versions of their own and others, like Parfums Christian Dior, buying access to the concept.

    In the luxury cosmetics category, Sulwhasoo’s sales topped 1 trillion won, while Hera makeup lines entered the Hong Kong travel retail channel. In fact, AmorePacific’s travel retail business exceeded 1 trillion won for the first time.

    Korea still accounts for more than 70% of sales, but it is AmorePacific’s explosive growth in China that’s catching everyone’s eye. After years of watching from the shoreline, Chinese consumers are finally riding the Hallyyu Wave; i.e., the phenomenon of Korean entertainment and popular culture that gripped the rest of the world years ago. The surging interest in Korean culture helped AmorePacific’s sales in China to jump more than 60% in 2015 to account for more than 20% of revenue.

    Just last month, the company opened two counters in Beijing’s Shin Kong Place and Hanguang department stores. According to AmorePacific, Chinese customers account for 67% of Hera’s duty-free sales in Korea. Online, the brand’s UV Mist Cushion recorded more than 160,000 search clicks per year on the China’s major online marketplace Taobao.

    “Having created fundamental K-beauty values, Hera created a sophisticated culture around our vision of modern Korean women, namely ‘Seoulista’” said Eunim Lee, senior vice president of Hera division at Amorepacific. “I am convinced that our brand will resonate with Chinese customers. Through innovative products that perfect radiant skin, Hera aims to establish itself as the leading beauty brand in China.”

    Elsewhere, the company increased US distribution for Sulwhasoo and Laneige and expanded into Canada. In addition, the AmorePacific brand was launched in Bloomingdale’s. Earlier this year, the company introduced its Aritaum shops in North America. Aritaum, derived from the Korean words beauty and place, feature a large but curated collection of premium Korean beauty products such as Iope, Laneige, Mamonde, Hanyul and Sulwhasoo. By the end of the year, Amore Pacific expects to have nearly 100 Aritaum locations in the US and Canada.

    While Americans are grabbing all kinds of “K-beauty” items, the concept hit a snag in the Old World. AmorePacific said 2015 European sales declined due to weak consumer spending, euro depreciation and channel restructuring, according to the company.

    The trend continued through Q1, as sales rose more than 23% during by a 45% gain in international markets.
    Related Searches
    • introduced
    • Oral Care
    • uv
    • fragrance
    Suggested For You
    Amyris Named a Top Social & Environmental Impact Company Amyris Named a Top Social & Environmental Impact Company
    L L'Oréal Names Chief Communications Officer
    New CEO for Dollar Shave Club New CEO for Dollar Shave Club
    Former Chanel CEO Joins Credo BoD Former Chanel CEO Joins Credo BoD
    Amyris Amyris' Sugarcane Is Traceable
    WWD Beauty Inc Award Winners WWD Beauty Inc Award Winners
    New CFO at Beiersdorf New CFO at Beiersdorf
    Sephora To Open Stores in Kohl Sephora To Open Stores in Kohl's
    New ‘Vehicle Hygiene’ Company New ‘Vehicle Hygiene’ Company
    Revlon Reports Q3 Results Revlon Reports Q3 Results
    Edgewell Reports Q4 Results Edgewell Reports Q4 Results
    Ipsy Buys Boxycharm Ipsy Buys Boxycharm
    Colgate Names Sutula as CFO Colgate Names Sutula as CFO
    Amazing Lash Studio Taps Hu as CEO Amazing Lash Studio Taps Hu as CEO
    Humming Along Humming Along

    Related Top Companies Report

    • Household Cleaning | Personal Cleansers | Skin Care
      49. Dr. Bronner’s

      49. Dr. Bronner’s

      ...
      Happi Staff 07.01.20

    • Color Cosmetics | Fine Fragrance | Skin Care
      50. KKW Beauty

      50. KKW Beauty

      ...
      Happi Staff 07.01.20

    • AP/Deo | Hair Care | Personal Cleansers | Skin Care
      48. Herbalife

      48. Herbalife

      ...
      Happi Staff 07.01.20


    • I&I Marketplace
      47. State Industrial

      47. State Industrial

      ...
      Melissa Meisel 07.01.20

    • Color Cosmetics | Household Cleaning | Skin Care
      46. Honest Company

      46. Honest Company

      ...
      Happi Staff 07.01.20

    • Color Cosmetics | Hair Care | Skin Care
      44. Kylie Cosmetics

      44. Kylie Cosmetics

      ...
      Happi Staff 07.01.20


    • Color Cosmetics | Hair Care | Skin Care
      45. Atlantic Coast Brands

      45. Atlantic Coast Brands

      ...
      Happi Staff 07.01.20

    • AP/Deo | Hair Care | Oral Care | Personal Cleansers
      43. The Hain Celestial Group Inc.

      43. The Hain Celestial Group Inc.

      ...
      Happi Staff 07.01.20

    • I&I Marketplace
      42. Spartan Chemical Company

      42. Spartan Chemical Company

      ...
      Happi Staff 07.01.20


    • Hair Care
      41. Combe

      41. Combe

      ...
      Happi Staff 07.01.20

    • Color Cosmetics | Hair Care | Personal Cleansers | Skin Care
      40. Prestige Consumer Healthcare

      40. Prestige Consumer Healthcare

      ...
      Happi Staff 07.01.20

    • Color Cosmetics | OTC/Medicated | Personal Cleansers | Skin Care
      39. PDC Brands

      39. PDC Brands

      ...
      Happi Staff 07.01.20


    • Color Cosmetics | Skin Care
      38. E.L.F. Beauty

      38. E.L.F. Beauty

      ...
      Happi Staff 07.01.20

    • Color Cosmetics | Hair Care | Skin Care
      37. Tupperware

      37. Tupperware

      ...
      Happi Staff 07.01.20

    • Hair Care | Skin Care
      35. Monat Global

      35. Monat Global

      ...
      Happi Staff 07.01.20

    Trending
    • Nu Skin Launches ‘Clean’ Formula Line
    • L'Oréal Bans Animal Hair In Brushes
    • Formulating Liquid Laundry Detergents
    • P&G, L'Oréal & Amorepacific Make News At CES
    • Honest, Refillable Cleaners
    Breaking News
    • Associations Congratulate Biden & Harris
    • David Stanko Joins JPMS
    • Ross Introduces Double Cone Tumble Blender
    • Colonial Chemical Announces New Facility
    • Ashland Acquires Schülke & Mayr's Personal Care Business
    View Breaking News >
    CURRENT ISSUE

    January 2021

    • Stepping into the Spotlight for 2021
    • The Independent Beauty Association Supports Sensible Reform
    • Essential Workers
    • A Clean Commitment
    • Deliver & Delight
    • Reusables for Consumables In the Pandemic and Beyond
    • A Rebound for Beauty
    • Beauty Brands Must Prepare for a 'Decade of the Home'
    • A Societal Shift
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Ingredient Manufacturers Discuss the E-Sports Market
    Euromonitor Names Top Ten Trends for 2021
    Study Highlights Differences Between EPA's and DHA's Effect on Sleep
    Coatings World

    Latest Breaking News From Coatings World

    IGL Coatings Launches Graphene Reinforced Dual System Ceramic Coating
    Miller Paint Declares Simple Serenity its 2021 Color of the Year
    TAUBMANS Paint by PPG Releases ‘Chromatic Joy’ Palettes
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Eitan Medical Receives FDA Clearance for Sapphire Infusion System
    Researchers Successfully ‘Fine Tune’ New Thermoplastic Biomaterial
    RSIP Vision Announces Versatile Medical Image Segmentation Tool
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Global Biosciences Co. Selects ValGenesis VLMS
    Eisai Appoints Chief Clinical Officer of Oncology Biz
    Nexelis Acquires GSK Vax Lab in Marburg
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Top Beauty Brands in the World—And Most Loved Fragrances
    P&G Reports Q2 Results
    A Lacquering Technique Makes Very Good Girl by Carolina Herrera Shine
    Happi

    Latest Breaking News From Happi

    Flow Launches Collagen Waters
    Associations Congratulate Biden & Harris
    David Stanko Joins JPMS
    Ink World

    Latest Breaking News From Ink World

    Morancé Soudure France Adds Comexi F2 MC 10-color Flexo Press
    THIMM Group Installs 1st Koenig & Bauer CorruFLEX
    Cowan Graphics Adds Fujifilm Inca OnsetX3 HS
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Domino grows installation and service teams
    ABG keeps pace with demand with recruitment drive
    Acucote expands FSC-certified portfolio
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    First Quality Launches Incognito by Prevail
    Essity Launches Reusable Underwear Product
    Honeywell Delivered 225 Million Masks in December
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    DJO Acquires Trilliant Surgical
    FDA Breakthrough Device Designation Granted to Spiderwort's Spinal Cord Technology
    Bioventus Appoints SVP of Operations
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    UDC Subsidiary Adesis' Website Wins 2020 MarCom Platinum Award
    Roadsimple Modernizes Warehouse Ops with Zebra Technologies
    Graphene Flagship Launches Redesigned Website

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login