Looking to accelerate the growth of its brands in Europe and Asia, South Korean beauty giant AmorePacific, owner of LaNeige, Innisfree and Sulwhasoo, has entered into a strategic partnership with A.S.Watson Group.
Johnson & Johnson, L’Oreal and others have splashed out on cutting-edge cosmetics in Japan and Korea, seeking clout and innovation. But local beauty brands like Shiseido and Amorepacific could still reverse the trend.
Amorepacific has opened its first beauty pop-up in NYC. The space features Korean beauty, fragrance, color and skincare products as well as meet and greets with beauty experts, on-site treatments, and product sampling.
DFS Group and Melco Crown unveiled its expanded City of Dreams property in Macau. The property's retail space has been expanded three times larger, features a 23,000-square-foot beauty section and added 31 new luxury ...
Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger share of tourists.