Native name 아모레퍼시픽 Headquarters Seoul, South Korea Founder Suh Seong-Hwan | Industry CosmeticsPerfume CEO Suh Kyung-Bae (Mar 1997–) Founded September 1945 | |
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Traded as KRX: 090430 (listed in 2006.6.29) Key people Suh Sung-whan (Chairman) Revenue 3,874,007,757,738 won ₩ (2014.12.31) Operating income Profiles |
AmorePacific Corporation is a South Korean beauty and cosmetics conglomerate, operating 33 health, beauty, and personal care brands including Etude House, innisfree, Laneige, Lolita Lempicka, and Annick Goutal. Founded in 1945, it is the world's 14th largest cosmetics company.
History
The company originated in the 1940s, when Yun Dok-jeong began selling camellia oils as a hair treatment in the village of Kaesong. Her second son, Suh Sung-whan, took over the business in 1945, naming it "태평양 (taepyeong-yang)".
Suh handed the company over to his second son Suh Kyung-bae in 1997; its success has made him the second-richest man in Korea as of 2016.
References
Amorepacific Corporation Wikipedia(Text) CC BY-SA