AmorePacific Group
| AmorePacific Group
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | KR7090430000 |
| founding | 2006 |
| Seat | Amorepacific Tower , Seoul , South Korea |
| management | Suh Kyung-bae ( CEO and Chairman ) |
| sales | 5.660 trillion Won (4 billion euros ) |
| Branch | Cosmetics manufacturer |
| Website | http://group.amorepacific.com/ |
| Status: April 2016 | |
The AmorePacific Group is a South Korean company that specializes in cosmetic products. It develops and manufactures the products and markets them in Asia, North America and Europe. The group is expected to continue expanding in the Middle East this year. The enormous increase in sales and profits since 2013 was remarkable. A major reason for the business success was the international spread of K-Pop and K-Drama ( Korean wave ), the artists of which stand out with their flawless appearance. The chairman of the Suh Kyung-bae group has even become the second richest man in South Korea. In 2015 the AmorePacific group had sales of 5.66 trillion. Won. Income rose 30% quarter over quarter last year in the first quarter of 2016.
The main and largest company in the group is AmorePacific Corporation. The AmorePacific Group also includes the following companies: ETUDE, innisfree, eSpoir, AMOS Professional, AESTURA Corporation, AESTURA, JANGWON, PACIFIC PACKAGE, COSVISION.
In addition to BB Cream , the compact air cushion foundation developed by AmorePacific is a very popular product with customers. Numerous companies have tried to market similar products under other names - including well-known cosmetics companies from France.
The company's headquarters are in the Amorepacific Tower .
history
Ms. Yun Dok-jeong started her cosmetics business in Kaesŏng in 1932, producing chamomile oil . In 1945, right after the liberation from Japanese rule, the Taepyeongyang company was founded. Even before the Korean War , the company was known for its own brand "Melody Cream" and the product "ABC Pomade". In 1956 the company moved its headquarters to Seoul. After the Korean War, the city of Kaesong belonged to North Korea. In 1959 the company was renamed Taepyeongyang Chemical Industries and cooperated with the French company Coty .
In 1962, the company built the largest cosmetics factory in South Korea. Two years later, the company introduced the door-to-door distribution system. In 1973 Taepyeongyang Chemical Industries was listed on the stock exchange. In 1978 the company set up a research and development center.
In 1987 the company became PACIFIC Chemistry. Corp. renamed. A cooperation was established in France in the early 90s. In 1993 the company was renamed Taepyeongyang Corporation.
In 2000 the company established the Korea Breast Cancer Foundation. In 2002 the company was renamed AmorePacific. Four years later the holding company AmorePacific Group was founded. In 2010 the company established a second R&D center. Forbes named AmorePacific as one of the world's most innovative companies.
Brands
International brands
- Sulwhasoo
Sulwhasoo is part of a premium brand from the AmorePacific Group. The brand covers a large area of care cosmetics. The brand's product categories include Cushion & Coverage, Cleanser, Toner, Serum, Moisturizer & Emulsion, Eye Care, Sun Care, Musk and Special Care. Many products use four-year-old ginseng from Korea. Ginseng roots have a high proportion of saponins . This active ingredient has regenerative, antioxidant and age-preserving effects. All ingredients are natural and come from Korea. The company operates its own plantations for raw material extraction.
- LANEIGE
- Mamonde
- ETUDE HOUSE
- innisfree
Brands in South Korea
- HERA
- VB program
- Lolita Lempicka
- Primera
- AMOREPACIFIC
- ANNICK GOUTAL
- IOPE
- HANYUL
- ARITAUM
- ODYSSEY
- MIREPA
- TEEN: CLEAR
- mise en scene
- Happy Bath
- Ryo
- MEDIAN
- illi
- Songyum
- dantrol
- OSULLOC
- VERITE
- LIRIKOS
- LIRIKOS MARINE ENERGY
- Makeon
- AESTURA
- innisfree
- AMOS PROFESSIONAL
- eSpoir
- AYUNCHE
- BeautyPoint
- STORYGARDEN
Web links
Individual evidence
- ↑ a b c AmorePacific Group Sustainability Report 2015
- ↑ Jhoo Dong-chan: AmorePacific enters Middle East this year. The Korea Times, March 3, 2016, accessed May 26, 2016 .
- ^ Grace Chung: How South Korea's AmorePacific Became One Of The World's Most Innovative Companies. Forbes, August 19, 2015, accessed May 26, 2016 .
- ↑ Lucy Whitehouse: http://www.cosmeticsdesign-asia.com/Business-Financial/AmorePacific-operating-profit-up-more-than-30. In: cosmeticsdesign-asia.com. May 5, 2016, accessed May 26, 2016 .
- ↑ Family of Amore Pacific. Retrieved May 26, 2016 .
- ^ Zoe Efstathiou: AmorePacific considers patent lawsuit against L'Oreal Korea. (No longer available online.) In: globalcosmeticsnews.com. Global Cosmetics News, January 13, 2015, archived from the original on May 26, 2016 ; accessed on May 26, 2016 (English). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ History of Amore Pacific. AmorePacific, accessed May 26, 2016 .
- ↑ Sulwhasoo
- ↑ Our Ingredients. (No longer available online.) Sulwhasoo, archived from the original on May 29, 2016 ; accessed on May 29, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ LANEIGE
- ↑ ETUDE HOUSE
- ↑ innisfree
