Amorepacific Corporation () is a South Korean beauty and cosmetics
chaebol
A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Kore ...
, operating more than 30 beauty,
personal care
Personal care products are consumer products which are applied on various external parts of the body such as skin, hair, nails, lips, external genital and anal areas, as well as teeth and mucous membrane of the oral cavity, in order to make ...
, and health brands including Sulwhasoo,
Laneige,
Etude, Aestura, Cosrx, AP Beauty, and
Innisfree. The firm was founded in 1945 by Sungwhan Suh and currently managed by Kyungbae Suh, the son of the founder. It is the largest cosmetics company in South Korea and one of the ten largest cosmetics companies in the world.
History
The company originated back in the 1930s, when Madame Dokjeong Yun began selling camellia oil in the village of
Kaesong
Kaesong (, ; ) is a special city in the southern part of North Korea (formerly in North Hwanghae Province), and the capital of Korea during the Taebong kingdom and subsequent Goryeo dynasty. The city is near the Kaesong Industrial Region cl ...
. Her second son, Sungwhan Suh, took over the business in 1945 and transformed the firm into a cosmetics
chaebol
A chaebol ( , ; , ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group. Several dozen large South Kore ...
, naming it "Taepyeongyang (meaning
Pacific Ocean
The Pacific Ocean is the largest and deepest of Earth's five Borders of the oceans, oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean, or, depending on the definition, to Antarctica in the south, and is ...
in Korean)".
Sungwhan Suh handed the company over to his second son
Kyungbae Suh in 1997.
Suh rebranded the firm into multi brands company to target the global market and turned the company into a chaebol giant that manages dozens of cosmetics brands.
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 built a second R&D center. Forbes named Amorepacific one of the most innovative companies in the world.
Brands
* Aestura
* Amos Professional
* AP Beauty
* Aritaum
* Ayunche
* B.Ready
* COSRX
* Espoir
*
Etude House
* Gentist
* Goutal Paris
* Hanyul
* Happy Bath
* HERA
* Holitual
* ILLIYOON
*
Innisfree
* IOPE
*
Laneige
* Labo H
* LIRIKOS
* makeOn
*
Mamonde
* Median
* Mise-en-Scène
* Odyssey
* Osulloc
* Primera
* Ryo
* Sulwhasoo
* Tata Harper
* Vital Beautie
See also
*
Pacific Park Villart
*
K-beauty
References
External links
*
Chaebol
Cosmetics companies of South Korea
Manufacturing companies based in Seoul
Chemical companies established in 2006
Companies listed on the Korea Exchange
Companies in the KOSPI 200
South Korean brands
South Korean companies established in 2006
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