The Ministry of Food and Drug Safety released data on cosmetics production performance in 2019 in June. According to the data, the nation's cosmetics production exceeded 16 trillion won for the first time last year. However, the year-on-year growth rate was 4.9 percent, the second lowest in nearly a
SK Bioland's premium brand ReXRe has launched a 'Plantheory' line that offers answers to skin concerns from nature.SK Bioland's premium brand ReXRe launched a "Plantheory" line on July 1 that suggests answers to skin concerns from nature. Plantheory, a compound word of plant, theory and philosophy,
BRANDSTARS Selection Committee announced the final winning selections for 2019 Korean luxury brands.The committee categorizes the most loved brands in Korea, China, and Southeast Asia by categories and announces an overall evaluation of the brands throughout the Asia region.The brands selected for t
Korea Grand Sale 2020, an annual shopping, culture, and tourism festival for foreign tourists, will be held by the Visit Korea Committee for 45 days from January 16 (Thursday) to February 29 (Saturday) next year across the country.The 100-day countdown to the grand opening of the event began with pr
K Beauty, which refers to Korea's cosmetics, is positioned as an icon of innovation with reasonable prices, excellent quality, and creative ideas in the world cosmetic market. Only a few years ago, Korea, which had not attracted much attention in the cosmetics field, is now receiving the attention o
DAEBON LS, a company specialized in cosmetics material, signed a business agreement with ILSHIN WELLS on April 25th for developing Bio-conversion oil.The signing ceremony was held for the production of bio-conversion oil, a 'world-class' product that will be introduced this year by DAEBON LS, which
The Ministry of Science and ICT recently announced that the number of R&D companies, which is a representative innovation model for R&D special zones for successful commercialization of public research and development achievements, exceeded 700. Among them, 39 were the cosmetic research institutes.
Exports of cosmetics increased by 26.6 % on-year last year. Exports amount to 6.278 billion dollars. According to the 2018 Export-Import Trends released by the Ministry of Trade, Industry and Energy on Jan. 1, exports of cosmetics rose 26.6 % on-year which is in the amount of $6.27 billion. Exports