Korea Joongang Daily
Korea JoongAng Daily

Korea sets annual export target for consumer goods at $70 billion for 2030

Korea aims to annually export $70 billion worth of consumer goods by 2030 on the back of the soaring global popularity of Korean culture, the Ministry of Trade, Industry and Energy said Wednesday.

2025-12-24

Singer Bada of S.E.S. fame to launch beauty brand next year

Singer Bada, best known as a member of girl group S.E.S., will launch a beauty brand early next year, developed with cosmetics manufacturing giant Kolmar Korea, her agency Wavenine said Wednesday.

2025-12-17

Cosmetics-hunting foreign tourists spend 1 trillion won at Olive Young through November

Nearly nine in 10 overseas tourists who bought cosmetics in Korea this year shopped at Olive Young, with many turning their trips into multistore sprees, the health and beauty retailer said Wednesday.

2025-12-03

Beauty of Joseon's Instagram followers surpass 1 million as sunscreen tops Amazon, Sephora

Cosmetics brand Beauty of Joseon has surpassed 1 million followers on Instagram on Monday as Korean beauty labels continue to gain global traction. Goodai Global said the milestone is “a meaningful indicator that proves the brand’s global fandom."

2025-11-10

From perfumes to passport cases, 'KPop Demon Hunters'-branded merch is driving traditional purchases

Netflix’s "KPop Demon Hunters" is driving a surge in demand for products inspired by Korea’s royal palaces, folk paintings and traditional patterns, as brands from cosmetics makers to discount retailers race to capture the K-culture boom.

2025-09-13

KKR acquires Korean cosmetics container maker for 733 billion won

Global investment firm Kohlberg Kravis Roberts & Co. (KKR) has acquired a Korean cosmetics container maker for 733 billion won ($526.6 million), industry sources said Friday.

2025-09-05

Kolmar Korea Q2 sales hit record $526 million despite owning family's feud

Kolmar Korea reported record revenue in the second quarter driven by both domestic and global demand.

2025-08-08

U.S. consumers panic buy Korean cosmetics, K-pop merch as tariff deadline looms

The reality of the Donald Trump administration's 25 percent tariffs on Korean imports has hit fans of Korean cosmetics and K-pop, setting off a wave of panic buying and begging for faster shipments.

2025-07-30