Amorepacific’s revenue grew 11.1% to KRW1tn ($711.7m) in the second quarter of 2025.
The Korean conglomerate, which owns beauty brands such as Laneige, Cosrx and Tata Harper, saw domestic revenue rise 8% and overseas sales increase 14% with “continued strong performance of major brands”, the company said in a statement.
The performance was driven by its luxury business, with revenue up 17% thanks to key brands such as Sulwhasoo, Iope and Primera domestically.
Premium revenue was down 17%, however, excluding the impact of a reclassification of Iope and Holitual under its luxury division – like-for-like growth was up 11%, and luxury down 2%.
Amorepacific’s revenue in the Americas grew 10%, driven by new brand launches and strong performance of key products such as Laneige’s Glaze Craze Lip Serum and Bubble Tea collection, as well as continued demand for its Bouncy & Firm Serum.
Sales grew 18% in EMEA, with a strong performance across all regions and especially the UK, with Laneige also driving growth along with Innisfree and Cosrx.
Revenues rose 23% in Greater China against a low base last year from downsizing inventory online, and 9% elsewhere in Asia.
Momentum in China was helped by new product launches not only from Laneige, but Sulwhasoo’s renewed Essential Duo, and Ryo’s Hair Strength Aroma Perfume Shampoo Hangzhou Edition and Cica Scalp Calming Shampoo.
Pop-up stores for hero products from these brands also helped the company acquire new customers in the region.
Operating profit for the period was up 1673.4% to KRW73.7bn.
Domestically, a 164% rise was “driven by improvements across both cosmetics and daily beauty businesses”, the company said.
Rising traveler demand and growth in retail sales boosted cosmetics business profits, while key channels, including online and multi-brand shops expanded sales of major brands.
Travel retail accounted for 18% of Amorepacific’s total domestic revenue.
The company’s daily beauty business turned to profit through sales growth of key channels, including online and multi-brand shops, and improved product mix with increased share of premium products.
Meanwhile, a 611% rise in overseas sales was “led by enhanced profitability in Asia due to turn around in Greater China”, the company said.
A decline in profit in Americas and EMEA were due to higher staff costs from employee incentive payouts.
However, restructuring efforts in Greater China helped drive an overall improvement in operating profit in Asia.
Amorepacific’s China business turned to profit for two consecutive quarters with improved business structure and cost reduction measures, it added.
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