Amorepacific Corporation

Amorepacific Group is a South Korean beauty and cosmetics conglomerate, operating over 30 beauty, personal care, and health brands including Sulwhasoo, Laneige, Mamonde, Etude, and innisfree.[1] Founded in 1945, it is the world's 12th largest cosmetics company.[2]

Amorepacific Group
Native name
아모레퍼시픽
Traded asKRX: 090430
ISINKR7090430000 
Industry
  • Cosmetics
  • Perfume
Founded1945 (1945)
as Pacific Chemical Co. Ltd.
FounderSuh Sung-whan
HeadquartersYongsan-gu, Seoul, South Korea
Key people
Suh Kyung-bae (Chairman)
Revenue 5,277,844,562,000 won ₩ (FY2018)
481,980,828,000 won ₩ (FY2018)
334,844,564,000 won ₩ (FY2018)
Total assets 5,371,137,217,000 won ₩ (FY2018)
Number of employees
Korea: 4,936
Overseas: 6,618
ParentAmorepacific Group 
Websitehttp://www.amorepacific.co.kr

History

The company originated in the 1930s, when Madame Yun Dok-jeong began selling camellia oil as a hair treatment in the village of Kaesong.[2] Her second son, Suh Sung-whan, took over the business in 1945, naming it "태평양 (taepyeong-yang, lit. Pacific Ocean)".[2]

Suh handed the company over to his second son Suh Kyung-bae in 1997;[2] its success has made him the second-richest man in Korea as of 2016.[3]

Brands
  • Aestura[4]
  • Amorepacific
  • Amos Professional
  • Aritaum[5]
  • Dantrol
  • Espoir
  • Etude House
  • Fresh Pop
  • Goutal Paris
  • Hanyul
  • Happy Bath
  • HERA
  • ILLIYOON
  • Innisfree
  • IOPE
  • Laneige
  • LIRIKOS
  • Makeon
  • Mamonde
  • Median
  • MIRAEPA
  • Mise-en-Scène
  • Odyssey
  • Osulloc
  • Primera
  • Ryo
  • Songyeum
  • Sulwhasoo
  • Vital Beautie
  • EASY PEASY
  • Bro & Tips
  • Be Ready
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References
  1. Ming, Christine Tan,Cheang (2017-05-26). "South Korean beauty brand Amorepacific looks to global expansion". CNBC. Retrieved 2020-04-30.
  2. Chung, Grace. "How South Korea's AmorePacific Became One Of The World's Most Innovative Companies". Forbes. Retrieved 2016-11-20.
  3. "Suh Kyung-Bae". Forbes. Retrieved 2016-11-20.
  4. "Brands | Amorepacific". www.amorepacific.com. Archived from the original on 2016-11-19. Retrieved 2016-11-20.
  5. "A New 70-Store Korean Beauty Chain Is Here". Racked. 2016-04-25. Retrieved 20 May 2018.
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