Korean cosmetics giant Amorepacific’s Laneige has recently accelerated its global expansion footsteps into the UK and Middle East, underscoring the shift in target markets of K-beauty brands.
Korean firm Incospharm is hoping its plant oil-modified endocannabinoids will find favour with brands that are struggling to gain regulatory approval for products containing cannabis-derived ingredients.
South Korea’s cosmetics trade surplus exceeded U$6bn for the first time in 2020, advancing its position on the global stage as the third-largest cosmetics exporter behind only France and the US.
Australian online South Korean beauty retailer Style Story has launched a second product under its in-house Jelly Ko brand, a Cherry Blossom Sleeping Mask for dehydrated and dull skin.
Korean skin care and tech start-up LYCL Inc. has outlined strategic plans to advance its expansion beyond its home market and into new product categories following a fresh injection of funding from Beiersdorf and other investors.
We round-up our top stories on the exciting South Korean cosmetics market, featuring Innerbottle’s Series A funding, a study on oat extract for eczema, Dr. Ci:Labo’s travel retail efforts in the region and more.
This past week Coty bought controlling stake in Kylie Cosmetics, The Estée Lauder Companies acquired Korea-based skin care brand Dr Jart+, and Olaplex accepted a private equity deal from Advent International. To get a sense of what these transactions...