Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

AmorePacific carries on investments to develop its own retail network in North America

Leading South Korean cosmetics maker AmorePacific plan to expand its Aritaum retail network in North America.

With over 70 locations throughout the United States and Canada, the retail division of the South Korean cosmetics giant already offers a large collection of premium Korean beauty products to North American customers, including skincare products from brands such as IOPE, Laneige, Mamonde, Hanyul and Sulwhasoo and a wide selection of makeup, bath and body and hair care items. AmorePacific announces more Aritaum opening throughout 2016.

There are over 70 ARITAUM locations across the United States and Canada with more opening throughout 2016. Photo credit: © 2016 ARITAUM

There are over 70 ARITAUM locations across the United States and Canada with more opening throughout 2016. Photo credit: © 2016 ARITAUM

Aritaum (pronounced “ar-ree-ta-um”) comes from the words for “beauty” and “place” in Korean. “Korean skincare is one of the hottest trends in beauty right now,” highlights AmorePacific. “In recent years the popularity of Korean skincare has increased exponentially in North America.

Exports of South Korean cosmetics have continued to grow rapidly in 2015, reaching US$ 2.75 billion, an increase of 53.6 per cent over the previous year. China remains the first destination country but K-beauty is becoming increasingly popular outside Asia, in particular in the United States.

Within this context, AmorePacific’s revenue increased by 21% to US $4.5 billion in 2015 and is projected to exceed that figure in 2016.

© 2016 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
Victoria's Secret or the failure of a conservative positioning?

Laurence Bacilieri
Victoria’s Secret or the failure of a conservative positioning?

When the Victoria’s Secret show was cancelled it didn’t come as a surprise. In May, it was reported by The New York Times that the show would no longer be broadcast on network television. “We must evolve and change to grow. With that in mind, we have decided to re-think the traditional Victoria’s Secret Fashion Show". From 2001 to 2018, (...)

read more
Webinars
E-shop - latest publications
United Kingdom: Premium Beauty Market Report
1700.00 € excl. tax
Regulations on the registration of cosmetic products in China (part1)
135.00 € excl. tax
Regulations on the registration of cosmetic products in China (part2)
95.00 € excl. tax
Go to top ↑

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close