
K-Beauty Just Had Its Biggest August on Record. Its Two Largest Companies Went Backwards.
Korean cosmetics exports hit $1.31 billion in August, up 52 per cent — the fastest monthly growth in nearly three years. Almost none of it belongs to AmorePacific or LG Household & Health Care, whose export value fell 23 per cent in the first half. Small brands are now 68.7 per cent of what Korea ships. And China, which took more than half of it five years ago, now takes one seventh.









