Korean cosmetics displayed at a Galeries Lafayette department store in Paris, France K-Beauty’s rising stars are steering clear of outside capital, opting instead for self-financed growth supported by solid cash reserves, data-driven decision-making and niche positioning sharpened by digi
Memebox is a fast-growing South Korean beauty brand (Screenshot captured from its website) South Korea’s beauty startup scene is attracting a wave of overseas venture capital, underscoring renewed investor appetite for the country’s consumer brands and technologies.According to vent
Foreign tourists browse skincare products at a pharmacy in Seoul On the afternoon of July 31, a sign at the entrance of Ready Young Pharmacy in Seoul's Donggyo-dong neighborhood welcomed visitors in Chinese, Japanese and English.Inside, a group of foreign tourists browsed a well-stocked section
A foreign tourist receives skincare and makeup services at CJ Olive Young’s flagship beauty concept store, Olive Young N Seongsu, in Seoul On a recent morning in Seoul’s hip Seongsu neighborhood, a line of eager foreign tourists snaked around the corner of CJ Olive Young Corp.&rsquo
Korean makeup or K-beauty is popular in global cosmetics markets In South Korea’s M&A landscape, beauty companies are no longer waiting to put themselves on the market. They’re being courted before they even consider it.The ongoing global craze for K-beauty is spilling over into
(Courtesy of Missha) Cardi B, the Grammy-winning rapper, has joined the growing list of celebrities spotlighting Korean beauty products, fueling a new wave of global enthusiasm for Korean cosmetics.On Monday, the global influencer showcased a BB cream from Missha, a first-generation South Korea
Oera is the luxury skincare brand of Handsome, a cosmetics unit of Hyundai Department Store South Korea’s beauty industry is mounting a powerful global push, defying trade pressures and economic uncertainties with a surge in exports that has captured the attention of consumers from Beijin
Commercial for Classys’ beauty device Shurink Universe (File photo by Classys) Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($163 million) as the US private investment firm scaled back its p
Foreign tourists in Seoul Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value against major foreign currencies, which has also led to a boom in Korean medical tourism.According to data released Thu
Korea aims to attract more foreign patients through expanded medical service exports The number of foreign patients visiting South Korea for medical tourism hit a record high last year, driven by those who traveled to Korea for skin care and plastic surgery.The Ministry of Health and Welfare sa