Puneet Varma (Editor)

Amorepacific Corporation

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Native name
  
아모레퍼시픽

Headquarters
  
Seoul, South Korea

Founder
  
Suh Seong-Hwan

Industry
  
Cosmetics Perfume

CEO
  
Suh Kyung-Bae (Mar 1997–)

Founded
  
September 1945

Amorepacific Corporation httpsuploadwikimediaorgwikipediacommonsthu

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
  
563,751,120,080 won ₩ (2014.12.31)

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