Skip to main content

Korean Beauty Trends & Industry News: 23-12-04



K-Beauty Making Strides in the U.S. Market with Surge in Exports Leading a New Trend

The South Korean cosmetics industry is shifting its major export focus from China to the United States, experiencing significant growth. 

Korean small and mid-sized indie brands, known for their high quality and affordability, are gaining popularity in the U.S. market. 

This trend is reflected in the significant increase in exports to the U.S., which, as reported by the Korea Trade Association, saw a 46.4% increase in October compared to the previous year, reaching approximately $1.18 billion (1329 billion won). 

Major corporations like Amorepacific and LG Household & Health Care are also actively expanding in North America, including acquisitions of local brands and targeted research initiatives for the U.S. skincare market. Notably, exports of powder products have also seen impressive growth, particularly in the U.S. and Russia, suggesting a diversification and expansion of South Korea's cosmetic export markets.


Lotte Home Shopping Hosts 'Amore Beautiful Week,' Offering Up to 50% Discount on Amorepacific Brands

Lotte Home Shopping in South Korea is launching a special promotion called 'Amore Beautiful Week' from the 4th to the 10th of this month, offering up to 50% off on products from popular Amorepacific brands like Sulwhasoo, Hera, and IOPE. 

Over 500 products will be on sale, including Hera's 'Black Cushion' and 'Silky Stay Foundation', IOPE's 'Retinol Expert', and Sulwhasoo's 'First Care Activating Serum' and 'Concentrated Ginseng Renewing Cream'. 

This event targets the predominant female customer base aged 30-40, who prefer high-quality, established brands over generic or bulk products. In addition to discounts, customers can enjoy other benefits like up to 20% cashback and card discounts. Special broadcasts on Lotte’s mobile TV channel 'L Live' will feature additional deals on specific products.


LG Household & Health Care Launches the 6th Edition of 'Natural Beauty Live Creator' to Foster Beauty Influencers

LG Household & Health Care is recruiting for the 6th edition of its 'Natural Beauty Live Creator' program, aimed at nurturing live commerce experts, especially targeting women with career breaks and job seekers. 

This program offers a unique opportunity for those aspiring to be eco-friendly beauty influencers. The recruitment, open until the 20th of this month, seeks to select 36 participants for a program that starts with a kickoff event on January 15th next year. 

The program comprises 10 sessions, held twice a week, offering live broadcast practice and professional show host training free of charge. Participants will receive personalized mentoring and training from top industry show hosts and have opportunities to grow their personal channels and potentially appear in LG’s live commerce broadcasts. 

Since its inception in 2018, the program has trained over 160 people, many of whom are now active K-beauty influencers. LG Household & Health Care aims to continue supporting the personal branding efforts of the participants even after the program, enhancing their prospects in various fields.

Comments

Popular posts from this blog

Korean Beauty Trends & Industry News: 24-12-20

Korean Convenience Stores Enter the Affordable Beauty Market      Korean convenience stores are now competing aggressively in the affordable beauty market, targeting younger consumers in their teens and twenties with skincare products priced around 3,000 KRW (about $2.50). These products emphasize small, travel-friendly sizes, practical use, and budget-friendly pricing, making them particularly appealing to younger shoppers. GS25 recently launched six affordable beauty products, including the "Scinic Moist Tone-Up Sun Cream," priced at 3,000 KRW for six individually packaged 2mL units. Earlier this year, GS25 introduced 700 KRW sheet masks and 1,000 KRW moisture pads, doubling its skincare offerings from 10 products last year to 20 in 2024. Similarly, CU launched three affordable skincare products in September, selling 30,000 units in just three months. CU's lineup has expanded to include skin-repairing ampoules and hand creams. Even Seven-Eleven has joined the trend with...

Korean Beauty Trends & Industry News: 23-12-18

Intensifying Competition in Cosmetics Delivery: CJ Olive Young, Coupang, Daiso in the Fray In the dynamic world of Korean beauty, CJ Olive Young, Coupang, and Daiso have plunged into a competitive race for cosmetics delivery.  CJ Olive Young's same-day service, "Delivers Today," has seen a 70% increase in usage this year compared to the last. In Seoul, over half of the online orders are delivered through this rapid service.  This company was the first in the cosmetics industry to introduce instant delivery, ensuring swift dispatch directly from stores near the delivery address through their mobile app and online mall. With over 1,300 CJ Olive Young stores nationwide, 80% of which stock indie cosmetics brands, orders made before 8 PM are delivered within 3 hours, averaging around 45 minutes. The company is also expanding its urban logistics centers (MFC) to metropolitan areas next year. Meanwhile, Coupang is focusing on delivering premium authentic cosmetics. In July, they...

Helena Rubinstein: Unveiling the Life and Legacy of a Cosmetics Pioneer

Helena Rubinstein (1872-1965) was more than just a name in the world of beauty; she was a trailblazer who revolutionized the cosmetics industry.  From her modest beginnings in Poland to her reign as a global beauty titan, Rubinstein's journey remains an inspiration. Through her brand, Rubinstein pushed boundaries, championing the idea that beauty could be a powerful tool for women's empowerment. From Humble Beginnings to the Cosmetics Throne Helena Rubinstein was born in 1872 in Krakow, Poland. Leaving her homeland at a young age, she initially moved to Australia, where her career in the cosmetics industry began. Rubinstein noticed the harsh effects of the Australian sun on the skin and developed a cream to protect and moisturize it. This innovation led to the launch of Helena Rubinstein's first product, Valaze, a face cream formulated with herbs from the Carpathian Mountains. The success of Valaze was pivotal in Rubinstein's career, propelling her into the global cosme...