Cosmax to make inroads into Japanese market in earnest

Cosmax to make inroads into Japanese market in earnest

Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, said on Thursday that it would start targeting the Japanese market...

Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.

Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.

Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang Corp. said on Thursday that it has applied a biodegradable container developed from a composite material mixed with PHA (polyhydroxya...

Shinsegae Int'l secures domestic sales rights for Italian brand Davines

Shinsegae Int'l secures domestic sales rights for Italian brand Davines

South Korea's fashion retail giant Shinsegae International on Monday said it has acquired the domestic rights to sell the Italian haircare brand Dav...

Shilla Duty Free offers metaverse Gucci Beauty class

Shilla Duty Free offers metaverse Gucci Beauty class

Shilla Duty Free, Korea's leading duty-free shop chain, is opening a metaverse beauty class in collaboration with Gucci Beauty.The company will intr...

Coupang launches Rocket Fashion Growth division to beef up fashion retail

Coupang launches Rocket Fashion Growth division to beef up fashion retail

Coupang, Inc. recently established the Rocket Growth Fashion division, according to industry insiders on Monday. As the name suggests, the team...

Vietnamese MZers ensnared by K-beauty, K-fashion, K-everything

Vietnamese MZers ensnared by K-beauty, K-fashion, K-everything

HANOI – Vietnam’s young people are avid fans of Korean culture, collectively known as Hallyu. Trang, a 21-year-old college student, is o...

Kolmar Korea to enter $22 billion UAE Halal cosmetics market

Kolmar Korea to enter $22 billion UAE Halal cosmetics market

Kolmar Korea Co., a supplier to global cosmetics brands such as Estee Lauder, is set to enter the 30 trillion won ($22 billion) Halal beauty market ...

Korea’s top beauty chain CJ Olive Young puts IPO on hold

Korea’s top beauty chain CJ Olive Young puts IPO on hold

CJ Olive Young, South Korea’s top beauty store chain, has suspended its process to seek a stock market listing, becoming the latest major loca...

China's lockdown slams Korean beauty giants' Q2 earnings

China's lockdown slams Korean beauty giants' Q2 earnings

South Korea’s two major cosmetics firms, Amorepacific Corp. and LG H&H Co., posted their second-quarter earnings heavily impacted by Chi...

Korean beauty brands rush for vegan certification

Korean beauty brands rush for vegan certification

As more consumers seek out eco-friendly products, a growing number of South Korean cosmetics brands are in a hurry to be certified as vegan.With lab...

K-beauty sales see sharp drop at China's major shopping event

K-beauty sales see sharp drop at China's major shopping event

South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...

K-beauty makers focus on US as China business slows

K-beauty makers focus on US as China business slows

South Korea’s major cosmetics makers are trying to lure more customers in North America as the K-beauty boom has been weakening in China, the ...

Lotte to end dawn delivery service where Coupang, Kurly lead

Lotte to end dawn delivery service where Coupang, Kurly lead

South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...

Goldman exits Korean beauty startup without profit

Goldman exits Korean beauty startup without profit

Goldman Sachs has divested of its stake worth 75 billion won ($62 million) in South Korea's cosmetics startup GP Club Co. without a profit due to de...

K-beauty vegan rebel Dear Dahlia in Paris' Galeries Lafayette

K-beauty vegan rebel Dear Dahlia in Paris' Galeries Lafayette

South Korean cosmetics brand Dear Dahlia successfully opened a boutique in Europe’s largest department store in 2019 – just two years ...

Bain Capital seals 3rd beauty M&A deal in S.Korea

Bain Capital seals 3rd beauty M&A deal in S.Korea

Bain Capital on Thursday agreed to buy a majority stake in South Korea's medical aesthetic device manufacturer Classys Inc. for 670 billion won ($56...

KTB PE earns 100% return from US brand sold to P&G

KTB PE earns 100% return from US brand sold to P&G

South Korea-based KTB Private Equity has earned a 100% return from Farmacy Beauty, just a year after its investment, following Procter & Gamble'...

Beauty chain CJ Olive Young to embark on 2022 IPO process

Beauty chain CJ Olive Young to embark on 2022 IPO process

CJ Olive Young, South Korea's largest beauty store chain, is moving ahead with its plan to go public next year, which will likely raise new capital ...

Cosmetics startup Birdview readies for 2022 listing

Cosmetics startup Birdview readies for 2022 listing

South Korea-based Birdview, the operator of leading cosmetics platform Hwahae, is aiming to make a trading debut as early as the first half of nex...

Korean beauty brand Too Cool For School is up for sale

 Korean beauty brand Too Cool For School is up for sale

Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...

Seoul to create K-beauty road as part of interactive tourism

Seoul to create K-beauty road as part of interactive tourism

South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....

K-beauty boom makes S.Korea the fourth-largest cosmetics exporter

K-beauty boom makes S.Korea the fourth-largest cosmetics exporter

Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...

Amorepacific, Shopee ink partnership for Southeast Asian market

Amorepacific, Shopee ink partnership for Southeast Asian market

Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand it...

Amorepacific, Off-White unveil beauty collaboration for COVID-19 era

Amorepacific, Off-White unveil beauty collaboration for COVID-19 era

South Korea-based cosmetics giant Amorepacific Corp. has unveiled its beauty collaboration with Off-White, an Italian premium fashion brand, as the ...

CJ wraps up $366 mn pre-IPO for top beauty chain

CJ wraps up $366 mn pre-IPO for top beauty chain

CJ Group has completed its pre-IPO placement for CJ Olive Young, the group’s health and beauty brand, with Glenwood Private Equity securin...

Glenwood PE to acquire minority stake in Korea's largest beauty chain

Glenwood PE to acquire minority stake in Korea's largest beauty chain

CJ Group has selected Glenwood Private Equity as the buyer of a minority stake in South Korea’s No. 1 health and beauty store CJ Olive Young...

Korean beauty chain draws Goldman, five domestic final bidders

Korean beauty chain draws Goldman, five domestic final bidders

Goldman Sachs Principal Investment Area (PIA) and five South Korean companies, including four private equity firms, have made final bids for a min...

Goldman Sachs joins race for Korea’s beauty store chain

Goldman Sachs joins race for Korea’s beauty store chain

Goldman Sachs Principal Investment Area (PIA) has entered the race for a stake in South Korea’s health and beauty franchise CJ Olive Young, beco...

Star choreographer inspires in four-minute offerings

Star choreographer inspires in four-minute offerings

She's the choreographer of One Million Dance Studio with more than 20 million YouTube subscribers, choreographer of K-pop stars such as Hyo-ri Lee, Gi...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal