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Korean cosmetics firm, Olive Young, has recently revealed its collaboration with Poland’s Gabona, aiming to steer its product distribution across Europe. Gabona is now set to manage the distribution network of three of Olive Young’s signature brands: Bioheal…
Despite the challenging market conditions brought on by rising inflation and supply chain issues, retail giant Walmart continues to show stellar financial performance. In its latest quarterly report, the company announced a surprising 8% increase in revenue,…
In an innovative stride toward personalized beauty services, CJ Olive Young is set to dramatically expand its self-operated skin analyser machines across South Korea. By the end of 2025, the popular health and beauty retailer plans to install approximately…
CJ Olive Young, the country’s largest health and beauty product store, opened an online shop on Southeast Asia’s biggest e-commerce platform Shopee, Tuesday, as part of its global expansion plans. “From now on, Olive Young will actively seize opportunities in…
South Korean health-and-beauty business Olive Young is gearing up for an IPO next year, with the aim to list on the stock market in 2022. The business owner CJ Corp is currently recruiting for pre-IPO funders and is looking to sell around 20 to 30 percent of…
Men wearing makeup – once a practice unique to TV stars and celebrities – is becoming a part of popular culture in South Korea. As an increasing number of South Korean men are purchasing clothes, cosmetics, and other beauty products to take care of their…
South Korean cosmetics stores that have been the drivers of the ‘K-Beauty’ industry for the past 15 years are facing a crisis, exposing their limitations. The cosmetics industry is undergoing a series of transformations due to decreased demand from China and…
The Olive Young Myeongdong flagship store reopened in December to celebrate the 5th anniversary of its opening, offering customers a unique and personalized shopping experience. The store presents a different experience on each floor. The first floor is a…
Korean food companies are reaching out to consumers through face-to-face encounters at their own branded cafes and restaurants. And they are reaping the rewards: upgrading their company image, testing new products and increasing sales. Binggrae gave its…
Korean cosmetic shops that sell various brands under one roof have steadily expanded their presence across the country, giving sophisticated customers more options, according to industry sources. AmorePacific, South Korea’s No. 1 cosmetic company, operates…
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