CJ Olive Young Achieves Record Quarterly Sales with Influx of Foreign Tourists
Creatrip Team
10 months ago
CJ Olive Young has achieved its highest ever quarterly sales in Q2 with significant contributions from foreign tourists. The company's sales exceeded KRW 1 trillion for the eighth consecutive quarter, with expectations to reach KRW 5 trillion annually. This success is attributed to experiential beauty services and improved shopping convenience, leading to increased offline sales among foreign tourists. For the first half of the year, foreign customers made up 26.4% of offline sales. Olive Young continues to expand, aiming to be the leading platform for K-beauty globally.
