AmorePacific to withdraw from Japanese market

Published: 18-Nov-2014
Skin Care Finance

Weak yen caused difficulties for AmorePacific, which plans to close down its operations in Japan.

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Against a backdrop of soaring sales for Korean cosmetic brands across Asia came an unexpected announcement from Korea’s leading maker, Amore Pacific that it had decided to withdraw from the Japanese market owing to difficulties caused by the weak yen.

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