Now In Korea

CJ Olive Young Sees 14% Sales Increase in First Quarter

Creatrip Team

a year ago

Korea's CJ Olive Young reported a 14.4% increase in sales, reaching 1.23 trillion KRW in the first quarter, compared to the previous year. Offline sales grew by 15% and online sales by 14%. Net profits increased by 19.2%, totaling 126.3 billion KRW. The company attributes the growth to enhanced shopping convenience for foreign tourists, expanded in-store beauty experiences, and the advancement of their omnichannel strategy (integrated online and offline shopping experience).

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