AmorePacific’s exports to hit US$200 million milestone

AmorePacific’s exports to hit US$200 million milestone

AmorePacific is hoping to achieve a milestone target of exports this year, and is on track to hit the US$200 million mark – a K-beauty first, according to a report published in The Korea Times.

The latest figures from the Korean Customs Service show that the South Korean beauty power house exported cosmetics worth US$182.52 million between January and October 2015, and is on course to reach US$200 million by the end of the year.

AmorePacific was also the first cosmetics company to break through the US$100 million barrier in 2013. Its overseas sales have grown over 30 percent in the last five years, fuelled by strong demand from China.

 

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