• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Components
    • Markets
    • Materials
    • Solutions
    • Top 20 Companies
    • Buyers Guide
    • Events
    • More
  • Magazine
  • News
  • Components
  • Markets
  • Materials
  • Solutions
  • Top 20 Companies
  • Buyers Guide
  • Events
  • Current & Past Issues
    Features
    Editorial
    Departments
    Columns
    Digital Edition
    eNewsletter Archive
    Editorial Guidelines
    Staff
    Subscribe Now
    Advertise Now
    Top Features
    Packaging Decorated to Make a Lasting Impression

    Sustainability Drives New Solutions in Innovative Cosmetic Packaging

    Turnkey’s Benefits Shine, Especially During Covid

    TOP 20 GLOBAL BEAUTY COMPANIES

    Packaging Solutions In Small Quantities
    Breaking News
    Regulatory
    Events
    Association
    Packaging
    Adv/Marketing
    Financial
    Retail & Travel
    People
    Products
    Experts
    Press Releases
    Exclusives
    Live From Shows
    Video Bites
    Packaging Personalities
    Top News
    Unilever and Alibaba Group Join Forces

    Redken Unveils Acidic Bonding Concentrate Range

    Weekly Recap: L’Oréal Water Saver, BP Company of the Year, Cosmetify Report & More

    Neenah to Host Packaging Webinar for Printers

    W.S. Badger is Named a ‘150 Top Impact Company’
    3D
    Accessories
    Aerosols
    Airless
    Applicators
    Bags
    Bottles/Jars
    Brushes
    Cans
    Cartons/Boxes
    Closures
    Compacts
    Devices
    Dispensers
    Double Duty
    Droppers
    Environmental
    Labels
    Lipstick packages
    Mascara Containers
    Paper
    Pouches
    Printing
    Pumps
    Rollerballs
    Small Sizes
    Stock Pkg
    Tubes
    Wipes/Sheets

    Could Sustainable Digital Lipsticks Become a Reality?

    Sustainability Drives New Solutions in Innovative Cosmetic Packaging

    Videobite: The Penthouse Group Offers Air Backless Valve Tubes, by Yoshino of Japan

    Qosmedix Introduces Bamboo Caps

    Overtone Haircare Launches Clarifying Shampoo
    Bath/Body
    Cosmetics
    Ethnic
    Fragrances
    Hair
    Health and Beauty
    Home Fragrance
    Men
    Nails
    Personal Care
    Sample/Travel Sizes
    Sets/Kits
    Skin

    Unilever and Alibaba Group Join Forces

    Redken Unveils Acidic Bonding Concentrate Range

    Weekly Recap: L’Oréal Water Saver, BP Company of the Year, Cosmetify Report & More

    Neenah to Host Packaging Webinar for Printers

    W.S. Badger is Named a ‘150 Top Impact Company’
    Brush Fibers
    Eco-friendly
    Flexibles
    Glass
    Metal
    Paper/Board
    PCR
    PET
    Plastics
    Wood

    Dove's Refillable Deodorant Is Made To Last a Lifetime

    Faca Packaging Celebrates 50th Anniversary

    Diamond Packaging Unveils Child-Resistant Packaging for Marijuana Products

    Universal Engraving Revamps Logo and Website

    Berry Global Expands Capacity
    Anti-Counterfeit
    Contract Services
    Decorative Effects
    Design Capabilities
    Digital Printing
    Injection Molding
    Machinery
    Made in USA
    Package Development
    Printing/Decorating
    Sustainable Pkg/Practices
    Turnkey

    Dove's Refillable Deodorant Is Made To Last a Lifetime

    Aveda Names First-Ever Global Advocate for Sustainability

    HCP Presents 2021 Trends — & More

    These Beauty Brands Are Conserving Water

    Beauty Brand Execs Speak on the Challenges of Water Usage
    Top 20 Companies
    Estée Lauder

    Natura Cosméticos S.A.

    Coty

    Kao

    Shiseido
    All Companies
    Categories
    Company Profiles
    Jobs
    Add New Company
    International Buyers Guide Companies
    International Cosmetic Suppliers Ltd.

    Neenah Packaging

    Color Carton Corp.

    Epopack Co. Ltd

    JP Packaging LLC.
    Industry Events
    Live From Shows
    Exhibitor Showcase
    Webinars

    Cosmoprof Worldwide Bologna Rescheduled to May 2021

    Cosmoprof North America Reschedules 2021 Event to August

    Beautycounter & Ethique Discuss 'Building a Conscious Beauty Brand'

    CEW's Indie Brand Winners Discuss 'Cultivating Digital Communities'

    NPD's 'Feel Good Trends' That Shaped the Beauty Industry This Year
    • Magazines
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Staff
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • Companies
      • Categories
      • Corporate Capabilities
      • Add Your Company
    • Components
      • 3D
      • Accessories
      • Aerosols
      • Airless
      • Applicatiors
      • Bags
      • Bottles / Jars
      • Brushes
      • Cans
      • Cartoons / Boxes
      • Closures
      • Compacts
      • Devices
      • Dispensers
      • Double Duty
      • Droppers
      • Environmental
      • Labels
      • Lipstick Packages
      • Mascara Containers
      • Paper
      • Pouches
      • Printing
      • Pumps
      • Rollerballs
      • Small Sizes
      • Stock Pkg
      • Tubes
      • Wipes/Sheets
    • Markets
      • Bath/Body
      • Cosmetics
      • Ethnic
      • Fragrances
      • Hair
      • Health And Beauty
      • Home Fragrance
      • Men
      • Nails
      • Personal Care
      • Simple/Travel Sizes
      • Sets/Kits
      • Skin
    • Materials
      • Brush Fibers
      • Eco-friendly
      • Flexibles
      • Glass
      • Metal
      • Paper/Board
      • PCR
      • PET
      • Plastics
      • Wood
    • Solutions
      • Anti-Counterfeit
      • Cotract Services
      • Decorative Effects
      • Design Capabilities
      • Digital Printing
      • Injection Molding
      • Machinery
      • Made In USA
      • Package Development
      • Printing/Decorating
      • Sustainable Pkg/Practices
      • Turnkey
    • Top 20 Companies
    • Online Exclusives
    • Slideshows
    • Expert Opinions
    • Videos
    • Infographics
    • Whitepapers
    • Products Showcase
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Jobs
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms Of Use
    Top 20 Companies

    10. Amorepacific

    Amorepacific ranks at #10 on our list of Top 20 Global Beauty Companies 2018 -- with $5.6 billion in beauty sales.

    Related CONTENT
    • Perfect Corp To Debut Beauty Tech Innovations at CES 2021
    • Amorepacific Is A CES 2021 Innovation Award Honoree
    • Amorepacific and KAIST Develop Technology that Reverses Skin Aging
    • Your Weekly Recap: Pharrell Williams, Coty’s Sale, & Recyclable Packaging from Amorepacific
    • Amorepacific Introduces Fully Recyclable Packaging
    Jamie Matusow, Editor-in-Chief, with Joanna Cosgrove, Contributing Editor11.02.18

    Amorepacific is #10 on this year's list of Top Global Beauty Companies. 

    Below is a look at the company’s 2018 highlights, recent acquisitions, and its plan to focus on innovation.

    Beauty Sales

    $5.6 billion
    (FY 2017 Beauty Sales: $5.5 billion)

    Key Personnel
    • Suh Kyung-bae, chairman and chief executive officer
    • Bae Donghyun, president and chief executive officer
    • Jessica Hanson, president and general manager, Amorepacific US Inc.

    Major Products/Brands

    Twenty cosmetics, personal care, and health care prestige and masstige brands including the following U.S./global brands:
    • Etude House, Amorepacific, Laneige, Annick Goutal,
    • Sulwhasoo, Mamonde, Iope. And: Innisfree, Hera,
    • Happy Bath, Primera, Hanyul, Espoir, Aritaum,
    • Vital Beauty, Ryo, and Mise-en-Scéne

    New Products
    • Amorepacific Botanical Radiance Oil
    • Mamonde Petal Purifying Bubble Mask
    • Sulwhasoo First Care Activating Mask
    • Etude House Quick And Easy Blur Tint
    • Innisfree Vivid Creamy Lip Tint

    Amorepacific Group is Korea’s Largest Beauty Company

    Amorepacific was one of a handful of companies on this year’s list that dipped in annual net sales. After growing for several years in a row, sales fell 10% last year. Sales of Amorepacific dropped 9%; Innisfree, 16% and Etude, 18%. In response, the company looked toward other parts of the world for growth, including expansion of Etude in Kuwait and Dubai, Laneige in Australia, Mamonde in the U.S. (in Ulta), and Hera in Singapore.

    Amorepacific Group said it would focus on the development of innovative global products, presenting an enhanced customer experience, and improving its digital infrastructure to lay groundwork for sustainable growth. Overall, while overseas sales rose by 7%, domestic sales in South Korea dropped 16%, due to declines in the number of Chinese tourists and declining sales in duty-free channels and retail stores in tourist areas. CEO Suh Kyung-bae blamed the domestic decline on the economic recession and a changing consumer environment.

    Still, the company achieved net sales of $5.6 billion.

    At 73 years old, Amorepacific Group is Korea’s largest beauty company and an unquestionable leader of K-Beauty and its enthusiastic spread throughout the world. Included on Forbes’ ‘World’s 100 Most Innovative Companies’ list for four consecutive years, Amorepacific is known for developing never-before-seen innovative products such as the Cushion Foundation, Sleeping Mask and Boosting Serum. These products expanded into new beauty categories in the global beauty market, changing daily beauty routines for women around the world.

    2018 Highlights

    In January, Amorepacific Group expanded its U.S. brand portfolio, adding Mamonde—a mid-priced skin-care and makeup brand inspired by flowers—to current brands Innisfree, Laneige and Sulwhassoo. Amorepacific Group introduced Mamonde in 1991, and the U.S. market is the brand’s first international venture outside of Asia.

    Jessica Hanson, president and general manager, Amorepacific US Inc., who was appointed in October 2017, said they’d be simplifying multi-step routines and upgrading packaging to be more in line with prestige products.

    In May, Amorepacific U.S. Inc. opened its first-ever global beauty pop-up shop on Bleecker Street in New York City.

    In June, Amorepacific Group officially entered the Middle East with its No.1 young makeup brand Etude House, and opened its first store in the Dubai Mall in March, then rapidly expanded to other locations. Sales of the “playful” brand reportedly rose 15%.

    “We’ve finally begun to spread the essence of Asian Beauty to customers in the Middle East that have great insight in beauty,” said Suh Kyung-bae, who was recognized as Forbes’ “Asia’s Businessman of the Year” in 2015 and also ranked 20th in “The Best Performing CEOs in the World” selected by Harvard Business Review in 2017. He added, “We are well on track in realizing the dream of becoming a great brand company that makes the world a more beautiful world by actively spreading the singular and innovative beauty culture of Amorepacific across Asia, North America, Europe and the Middle East.”

    Since 1945, Amorepacific has had a single, clear mission: to present its unique perception of  “Asian Beauty” to the world, as well as combine the best of natural Asian ingredients and advanced biotechnology. 

    Read Next: Kao is #11
    Related Searches
    • beauty companies
    • foundation
    • retail
    • lip
    Suggested For You
    Perfect Corp To Debut Beauty Tech Innovations at CES 2021 Perfect Corp To Debut Beauty Tech Innovations at CES 2021
    Amorepacific Is A CES 2021 Innovation Award Honoree Amorepacific Is A CES 2021 Innovation Award Honoree
    Amorepacific and KAIST Develop Technology that Reverses Skin Aging Amorepacific and KAIST Develop Technology that Reverses Skin Aging
    Your Weekly Recap: Pharrell Williams, Coty’s Sale, & Recyclable Packaging from Amorepacific Your Weekly Recap: Pharrell Williams, Coty’s Sale, & Recyclable Packaging from Amorepacific
    Amorepacific Introduces Fully Recyclable Packaging Amorepacific Introduces Fully Recyclable Packaging
    TOP 20 GLOBAL BEAUTY COMPANIES TOP 20 GLOBAL BEAUTY COMPANIES
    TOP 20 GLOBAL BEAUTY COMPANIES TOP 20 GLOBAL BEAUTY COMPANIES
    11 Amorepacific 11 Amorepacific
    10 Kao 10 Kao
    Beauty Retail 2025 Beauty Retail 2025
    Amorepacific Enters the Philippines Amorepacific Enters the Philippines
    Full-Service Beauty Full-Service Beauty
    Tecnocosmesi Meets the Challenge in North America Tecnocosmesi Meets the Challenge in North America
    Albéa … Made in Italy Albéa … Made in Italy
    Evolving Perspectives of Beauty – Part 2: Gen X Evolving Perspectives of Beauty – Part 2: Gen X

    Related Top 20 Companies

    • Bath/Body | Cosmetics | Fragrances | Hair Care | Health and Beauty | Personal Care | Skin Care/Sun Care
      TOP 20 GLOBAL BEAUTY COMPANIES

      TOP 20 GLOBAL BEAUTY COMPANIES

      New packaging for a more sustainable world.
      Jamie Matusow, Editor-in-Chief, with Joannna Cosgrove, Contributing Editor 11.01.19

    • Bath/Body | Cosmetics | Fragrances | Hair Care | Personal Care | Skin Care/Sun Care
      Top 20 Global Beauty Companies 2018

      Top 20 Global Beauty Companies 2018

      It's been a year rich in sales, with billions made in the beauty industry—and plans for future billions in the making.
      Jamie Matusow, Editor-in-Chief, with Joanna Cosgrove, Contributing Editor 11.03.18

    • Applicators | Bottles/Jars | Compacts | Cosmetics | Design Capabilities | Lipstick packages | Mascara Containers | Package Development | Personal Care | Skin Care/Sun Care
      1. L’Oréal

      1. L’Oréal

      L'Oreal ranks at #1 on our list of Top 20 Global Beauty Companies 2018 -- with $31.2 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18


    • Cosmetics | Fragrances | Personal Care
      3. The Estée Lauder Companies

      3. The Estée Lauder Companies

      Estée Lauder Companies ranks at #3 on our list of Top 20 Global Beauty Companies 2018 -- with $13.7 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18

    • Bath/Body | Cosmetics | Health and Beauty | Personal Care | Skin Care/Sun Care
      4. P&G

      4. P&G

      P&G ranks at #4 on our list of Top 20 Global Beauty Companies 2018 -- with $12.4 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18

    • Cosmetics | Fragrances
      5. Coty

      5. Coty

      Coty ranks at #5 on our list of Top 20 Global Beauty Companies 2018 -- with $9.4 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18


    • Cosmetics | Skin Care/Sun Care
      6. Shiseido

      6. Shiseido

      Shiseido ranks at #6 on our list of Top 20 Global Beauty Companies 2018 -- with $8.9 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief, with Joanna Cosgrove, Contributing Editor 11.02.18

    • Cosmetics | Personal Care | Skin Care/Sun Care
      7. Beiersdorf

      7. Beiersdorf

      Beiersdorf ranks at #7 on our list of Top 20 Global Beauty Companies 2018 -- with $6.9 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18

    • Cosmetics | Fragrances
      8. LVMH

      8. LVMH

      LVMH ranks at #8 on our list of Top 20 Global Beauty Companies 2018 -- with $6.7 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18


    • Bath/Body | Personal Care | Skin Care/Sun Care
      9. Johnson & Johnson

      9. Johnson & Johnson

      J&J ranks at #9 on our list of Top 20 Global Beauty Companies 2018 -- with $6.1 billion in beauty & baby care sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18

    • Cosmetics | Hair Care | Skin Care/Sun Care | Sustainable Pkg/Practices
      11. Kao

      11. Kao

      Kao ranks at #11 on our list of Top 20 Global Beauty Companies 2018 -- with $5.2 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18

    • Bath/Body | Health and Beauty | Personal Care
      17. Colgate-Palmolive

      17. Colgate-Palmolive

      Colgate-Palmolive ranks at #17 on our list of Top 20 Global Beauty Companies 2018 -- with $2.9 billion in beauty sales.
      Jamie Matusow, Editor-in-Chief , with Joanna Cosgrove, Contributing Editor 11.02.18


    • Cosmetics | Fragrances | Personal Care | Skin Care/Sun Care
      Re-Formulating Strategies in the Beauty World

      Re-Formulating Strategies in the Beauty World

      How the Top 20 Global Beauty Companies are coloring their success.
      Jamie Matusow with Joanna Cosgrove, Editor-in-Chief with Contributing Editor 11.01.17

    • Bath/Body | Cosmetics | Fragrances | Hair Care | Skin Care/Sun Care
      1. L’Oréal

      1. L’Oréal

      ...
      Jamie Matusow, Editor-in-Chief 11.02.15

    • Personal Care | Skin Care/Sun Care
      2. Unilever

      2. Unilever

      ...
      Jamie Matusow, Editor-in-Chief 11.02.15

    Trending
    • Ranking The Top 50 Cosmetic Companies
    • Dove's Refillable Deodorant Is Made To Last A Lifetime
    • Ranking The Most Influential Beauty Brands Of 2019
    • The Estée Lauder Companies Appoints SVP, New Business Development
    Breaking News
    • Unilever and Alibaba Group Join Forces
    • Redken Unveils Acidic Bonding Concentrate Range
    • Weekly Recap: L’Oréal Water Saver, BP Company of the Year, Cosmetify Report & More
    • Neenah to Host Packaging Webinar for Printers
    • W.S. Badger is Named a ‘150 Top Impact Company’
    View Breaking News >
    CURRENT ISSUE

    December 2020

    • Packaging Decorated to Make a Lasting Impression
    • Sustainability Drives New Solutions in Innovative Cosmetic Packaging
    • Turnkey’s Benefits Shine, Especially During Covid
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Brown Fat Associated with Reductions in Chronic Disease Risk
    NIH Study Identifies Antibacterial Properties in Taurine
    NSF Begins New Certification Program
    Coatings World

    Latest Breaking News From Coatings World

    dar-tech, inc. Becomes U.S. Midwestern Distributor for ZS Interpolymer
    OQ Chemicals Announces Carboxylic Acids Price Increase
    AOC Announces Price Increase
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Apria Healthcare Settles Whistleblower Lawsuit
    OraSure’s OMNIgene·ORAL Device Included in COVID-19 EUA Amendment
    Remote Patient Monitoring Market Set to Surpass $645 Million by 2025
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Valeo Pharma Appoints President, COO
    Metrion, LifeArc Extend Neuroscience Alliance
    Grifols Begins COVID-19 Plasma Treatment Trial
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Unilever and Alibaba Group Join Forces
    Redken Unveils Acidic Bonding Concentrate Range
    Weekly Recap: L’Oréal Water Saver, BP Company of the Year, Cosmetify Report & More
    Happi

    Latest Breaking News From Happi

    A Surge in Interest for Supplements & Vitamins
    Manscaped Expands Further in Europe
    Color Street Gives Back
    Ink World

    Latest Breaking News From Ink World

    dar-tech, inc. Becomes U.S. Midwestern Distributor for ZS Interpolymer
    Techkon USA, Konica Minolta Partner
    Alon Bar-Shany Appointed Chairman of Highcon Board
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Exhibitor registration opens for virtual.drupa
    FTA planning in-person Forum & INFOFLEX
    Fortis Solutions Group achieves SGP certification
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Ontex Honored for Mask Production
    TFP Acquires PV3 Technologies
    Shemesh Adds U.S. Headquarters
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    OrthoPediatrics Expands Agent Network in Three European Countries
    Studies Show FlareHawk Expandable Cage Delivers Favorable Fusion, Patient Outcomes
    Rapid Recovery Protocol Can Lead to Increased Range of Motion After TKA
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    UDC Subsidiary Adesis' Website Wins 2020 MarCom Platinum Award
    Roadsimple Modernizes Warehouse Ops with Zebra Technologies
    Graphene Flagship Launches Redesigned Website

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login