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Amorepacific-owned makeup brand eSpoir has launched in Thailand via cosmetics retailer chain Eveandboy. Nearly 130 eSpoir products are available at Eveandboy stores at Siam Square One shopping mall and at Terminal 21 near Asoke Station. The highest-profile…
South Korean cosmetics giant Amorepacific is ramping up its Asean expansion, opening the first Innisfree and Laneige Philippines stores. Amorepacific established Amorepacific Philippines in Metro Manila in August and has since opened the first Innisfree…
Innisfree Corp., budget cosmetics manufacturer under South Korea’s beauty powerhouse Amorepacific Group opened its first store in the Philippines with hopes to expand its presence in the bourgeoning Southeast Asian market. According to the company, the…
South Korean retailers benefited from another record-setting Nov. 11 Singles Day shopping extravaganza led by Alibaba Group of China. Since 2009, Chinese retail giant Alibaba Group has transformed Singles’ Day, which falls on Nov. 11, into an online shopping…
Amorepacific Group announced lower-than-expected results for the third quarter on Monday with operating profits dropping 36 percent year on year. The fall comes as a stark contrast to rival LG Household & Health Care, which saw operating profits in its beauty…
With Southeast Asia becoming the center stage for South Korean businesses in expanding their global presence, retail conglomerates like Lotte, Shinsegae and CJ have been successfully tapping into the markets. Lotte Group has focused its investments on its…
South Korea’s leading cosmetics company Amorepacific is holding an outdoor public exhibition on Jeju Island until October 14, featuring natural aspects of Jeju, like its volcanic topography. Titled “apmap 2018 jeju — volcanic island,” the exhibition is part…
The Supreme Court dismissed Amorepacific’s patent on cushion compacts, putting an end to a three-year legal battle, according to the company on Tuesday. Amorepacific appealed a Patent Court of Korea ruling in February that invalidated the company’s patent for…
Innisfree Australia has opened its first outlet, inside Melbourne Central shopping complex. This is Amorepacific’s second foray to promote its Korean cosmetics brand in Australia after Laneige launched in March. The company also expanded its Etude House brand…
Amorepacific Corp., South Korea’s leading cosmetics maker, said on its first-quarter net profit declined 20.9 percent from the previous year, due mainly to a sharp drop in the number of Chinese tourists. Net income came to 176.7 billion won (US$163 million)…
Luxury beauty brand Hera under South Korea’s largest cosmetics conglomerate Amorepacific Group has opened its first store in Singapore that is expected to serve as the Korean beauty brand’s gateway to neighboring countries in Southeast Asia. According to…
Amorepacific has partnered with Marie Claire magazine to open its first global beauty pop-up, in New York City. Open for 10 more days, the shop features products from such Amorepacific brands as Amorepacific, Annick Goutal, Iope, Laneige, Mamonde and…
A sharp drop in Chinese tourist numbers has seen South Korean cosmetics maker Amorepacific’s profit slide 20.9 per cent in the first quarter. Net income came to KRW176.7 billion (US$163 million) in the January-March period, down from KRW223.5 billion won.…
AmorePacific seems to be in a quandary, with the country’s fair trade watchdog investigating the cosmetics giant amid declining performance. According to AmorePacific’s auditory filing, the company logged 731.5 billion won (US$685.2 million) in operating…
Unsafe levels of the heavy metal antimony have led to the South Korean government banning 13 cosmetics products. Some of the products, including eyebrow pencils from 3CE and Etude House, were previously available in Hong Kong and have been taken off store…
AmorePacific Group, Korea’s largest cosmetics company, apologized Tuesday for selling products that contained high levels of the dangerous heavy metal antimony. The company said it is in the process of taking the products off store shelves. On Monday, the…
