K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

Quick Summary:

CJ Olive Young, the country’s top beauty store chain, posted a staggering 4.79 trillion won in sales last year – an increase of over 900 billion won from the previous year.

According to government and industry data, Amorepacific was the largest Korean beaty firm in 2024 with 3.89 trillion won ($2.68 billion) in beauty business sales.

However, APR emerged as a serious contender, posting 651.2 billion won in beauty sales – excluding its fashion business – marking an impressive 51.3% on-year increase.

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Article Details

Category: Economy

Markets: South KoreaJapan

Topics: K-beauty Trillion Industry Beauty Shinsegae Corp 2024 Sales Billion Cosmetics Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 17:27:22 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 26915918

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