Clio Cosmetics reported a boost in profitability for the first quarter (Q1) driven by efforts to improve the sales of skin care brands such as Goodal and Dermatory.
K-beauty major Amorepacifc has reported strong growth in Europe and the Americas in the first quarter (Q1) driven by expansion of key brands Laneige and Innisfree.
South Korean cosmetics company Skinidea has developed a new skin care brand, MDP, specifically to target US beauty consumers as it reinforces global expansion.
The renewal of luxury K-beauty brand The Whoo has helped to bolster sales for LG Household & Healthcare (LG H&H) and restore the firm’s growth trajectory.
South Korea-based beauty tech firm APR Corp is strengthening its sustainability strategy in multiple ways, while accelerating its global expansion efforts after recording the highest ever annual overseas sales.
LG Household & Health Care is seeking to revitalise the anti-ageing category with its nicotinamide adenine dinucleotide (NAD+) ingredient, which has been successfully applied in a skin care product, amid burgeoning interest worldwide.
Here we feature the latest developments from the innovative South Korean beauty market, featuring news on Able C&C’s partnership with Daiso, Kolmar Korea’s groundbreaking research, and more.
South Korean firm All Grace Co Ltd recently opened the first multi-indie brand store at Incheon International Airport and hopes to serve as a bridge for K-beauty SMEs to enter overseas markets, following sales that have “exceeded expectations”.
South Korean cosmetics firm Able C&C has furthered its partnership with Japanese discount chain Daiso with the launch of an exclusive and affordable makeup line as a follow up to its first skin care collaboration.
K-beauty skin care brand Then I Met You is set to debut in five Asian markets this April through a partnership with Sephora, marking its first-ever retail expansion.
Sephora’s failure to crack South Korea has been linked to its inability to understand the local market and highlights the strength of local players, according to industry experts.
The company behind K-beauty brand Dear, Klairs is setting its sights on an entry into the Middle East and Africa after it recorded significant growth in Europe and Asia in 2023.
South Korean cosmetic firm Neopharm is set to expand its sensitive skin care brand Atopalm's baby products into China after getting regulatory approval to enter the baby care market.
Amorepacific is set to launch its derma beauty brand Aestura in Vietnam and Thailand this year as it works to boost the brand’s international presence.
Cosmocos’ functional cosmetic formulation, developed using patented raw materials and microemulsification technology, has completed and passed the review by South Korea’s Ministry of Food and Drug Safety (MFDS).
K-beauty brand Etude has launched a new eye shadow product that allows consumers to customise their own palette, tapping into personal colour and personality test trends that have taken South Korea by storm in recent times.
High costs involved in rolling out customised in-store services could potentially put a brake on K-beauty indie brands looking to ride the personalisation trend, claims a market expert.
Europe’s eager young consumer base and relatively low K-beauty penetration represents significant growth potential for Able C&C’s flagship beauty brand, Missha, says the firm.
LG Household and Health Care (LGH&H) has laid out plans to reinforce its competitiveness in 2024 after seeing a significant profit slump in the last year.
CJ Olive Young has collaborated with the Industrial Bank of Korea (IBK) to establish a KRW100bn (USD74.3m) fund to support the growth of small and medium-sized (SME) beauty companies.
Amorepacific’s latest full-year results show that growth across multiple markets including the US were not enough to offset the slump in China, leaving its overseas business unit in the red
Several Korean indie beauty brands recently announced their overseas expansion activities, with collaboration with distributors and entry into new high-potential markets being their key strategies.
K-beauty brand Laneige has launched three new versions of its best-selling Water Bank cream, with the firm hoping it will make the range more inclusive.
South Korea’s LG Household & Health Care is planning to debut its luxury beauty brand The Whoo in the US this year as part of its “growth transformation” plans, says its CEO.
K-beauty giant Amorepacific’s says its Lipcure Beam combines lip diagnosis, care and makeup capabilities in a single device, addressing the gap in existing products that mostly only offer moisturising function.
A surge in consumer interest for Korean sunscreen and glass skin has prompted Indian retailer Nykaa to curate products, content, and events to cater to the growing demand for K-beauty in India.
South Korean major LG Household & Health Care (LG H&H) is seizing opportunities to expand makeup brands Glint, Freshian, and VDL on the back of Japan’s growing interest in K-beauty.
South Korean cosmetics brands can tap into the opportunities presented by the lack of products catered for younger consumers in Japan, where the mature population is often the prioritised target group, says an industry expert.
Amorepacific has strengthened its arsenal of global growth engines by acquiring additional shares in South Korean skin care firm COSRX to leverage the brand’s extensive overseas reach.
K-beauty brand freemay has officially entered the Japanese market following domestic success and on the back of increasing popularity of its mineral ions-infused masks.
South Korean vegan beauty brand Dear Dahlia is accelerating its expansion in Europe in Italy, Poland, and the Netherlands, ahead of its forthcoming debut in India.
Here we reveal extensive and exclusive insights from K-beauty insiders Shinsegae, Olive Young, Melixir, Toiletpaper Beauty, and StyleStory, as they shed light on South Korea’s biggest trends and opportunities.
Chicnutrix capitalises on South Korean beauty manufacturing expertise to develop a skin care line that could meet consumer demand for holistic solutions.
The company is spearheading expansion efforts on the backs of CES Innovation Award winning Authentic Color Master by Tonework technology and the launch of custom skin care brand Custom.me.
South Korea’s Ministry of Food and Drug Safety (MFDS) plans to intensify its market diversification strategies and tap into promising growth in South East Asia and Europe, as China exports dip.
First-generation K-beauty brands have navigated their way back to relevancy by banking on brand values, zeroing in on trends and playing on nostalgia, says one expert.
South Korean cosmetics brands such as IOPE and Mediheal have hopped on the bandwagon of sun patches, which have gone viral on social media, although the longevity of its popularity hangs in the balance.
K-beauty brand Dr. G is continuing to expand in South East Asia with a new store in Malaysia, where its sunscreen range is enjoying significant success.
South Korean health and beauty retailer Olive Young is expecting its clean beauty brands to rake in $200m in sales this year as demand for clean products remains voracious among consumers.
Korean skin care brand Melixir has embarked on a vigorous expansion campaign across Asia via Sephora, while also working on its sustainability initiatives and new products targeting the skin microbiome.
K-beauty brand Missha is looking to extend its global footprint through affordable product pricing, market-specific launches, and the appointment of Hollywood star Elizabeth Olsen as its latest ambassador.
The South Korea consumer goods company LG Household & Health Care is aiming to strengthen its luxury beauty brands as well as boost its overseas business as part of plans to drive growth.