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Amorepacific Corporation (Korean: 주식회사 아모레퍼시픽) is a South Korean beauty and cosmetics chaebol, operating more than 30 beauty, personal care, and health brands including Sulwhasoo, Laneige, Etude, Aestura, Cosrx, AP Beauty, and Innisfree. [2]
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Location of South Korea. South Korea is a sovereign state in East Asia, constituting the southern part of the Korean Peninsula. [1] Highly urbanized at 92%, [2] South Koreans lead a distinctive urban lifestyle; half of them live in high-rises [3] concentrated in the Seoul Capital Area with 25 million residents [4] and the world's sixth-leading global city [5] with the fourth-largest economy [6 ...
Laneige (Hangul: 라네즈) is a South Korean cosmetics brand launched by Amore Pacific in 1994. [1] [2] Its name comes from the French " la neige", which translates to "the snow". [3] The brand's flagship products include its Water Bank skin care line, Water Sleeping Mask, BB Cushion foundation and two-tone lipsticks.
The Oracle of Omaha has increased Berkshire Hathaway's stake by 262% in the only brand-name company set to conduct a reverse-stock split.
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By 2014, the company had over 80 stores in South Korea, Japan, Hong Kong, Singapore and India. In the first half of 2014, Amore Pacific planned on boosting the brand's sales in Taipei and opened a second store months after launching in Taiwan, aiming to make Innisfree the country's biggest South Korean skincare and cosmetics brand. [7]