Amorepacific Group Reports Significant Growth in Q2 2026 Financial Performance

Amorepacific Group has announced its consolidated financial results for the second quarter of 2026, reporting revenues of 1.2543 trillion won and an operating profit of 122.8 billion won. This represents a year-over-year growth of 14.6% and 53.3%, respectively, reflecting strong growth in both sales and profitability.

The domestic business has continued to show balanced growth across all categories, including luxury, dermal care, and haircare, thereby enhancing its market leadership. Brands such as Sulwhasoo and Hera have expanded their market shares, solidifying their positions as the top luxury skincare and makeup brands in South Korea. Meanwhile, dermal brands like Aestura and Illiyoon maintain high growth rates, further establishing leadership in the dermal category. Key brands including Laneige, Mamonde, Mise-en-scène, Laboh, and Osulloc have also shown consistent growth, strengthening brand and category portfolio competitiveness, especially as online and MBS channels report double-digit growth.

Internationally, the business has demonstrated robust growth across online and offline channels in major global markets, including the Americas, EMEA, and Japan. The company has validated its brand competitiveness with excellent performances at key global platform events. For instance, during the Amazon Prime Day in the U.S. and Europe, products from major brands like Laneige, COSRX, Illiyoon, and Mise-en-scène achieved record sales, ranking among the top in the beauty and personal care categories. COSRX secured the top spot in the beauty category on German and UK Amazon, while its performance at Qoo10 Japan led it to be recognized as the top brand in the first half of the 'Qoo10 Japan Mega Beauty Awards 2026.'

The second quarter has also seen significant improvements in profitability. Amorepacific recorded an operating profit margin of around 10% in its domestic business, while the international operations achieved a double-digit operating profit margin for two consecutive quarters, bolstered by the profitability improvement and revenue growth of high-growth brands. This enables the group to realize both revenue growth and profitability improvements, reinforcing its global growth structure based on a multi-brand and multi-channel approach.

The main subsidiary, Amorepacific, contributed significantly to the overall performance, with a 17% increase in revenue and a 59% rise in operating profit compared to the previous year. Factors contributing to this growth include the strengthening of online and MBS channel leadership and the expansion of the cross-border business domestically, alongside high growth and brand portfolio diversification in critical overseas markets like the Americas, EMEA, and Japan.

In the second quarter, domestic operations saw a 10% increase in revenue and a 48% increase in operating profit, further consolidating a stable growth foundation. Both online and offline channels grew consistently, with online channels benefiting from major platform promotional events and Amoremall promotions. The MBS channel also saw double-digit growth, fueled by leading brands such as Aestura and Illiyoon and growth brands like Hanyul, Mamonde, and Primera performing well. The department store channel continued to grow due to an influx of tourist customers. The cross-border business remains on an upward trajectory, supported by expansion into new markets, including European Amazon, and positive sales during major seasonal promotions.

By brand, Sulwhasoo has shown broad growth across online and offline channels, primarily driven by the success of its 'Yunjo Essence.' Hera has also experienced growth in major channels thanks to the successful sales of 'Sensual Nude Gloss' and 'Mesh Powder Cushion.' Aestura's new product, 'Atobarrier365,' has achieved significant sales, and Illiyoon has established its position as the number one brand in the body category in Olive Young. Haircare brands like Mise-en-scène and Laboh have enhanced their category competitiveness, with Mise-en-scène expanding its product portfolio with the launch of the 'Salon10 Peptide Repair' line, and Laboh maintaining solid growth with the renewal of its scalp strengthening clinic and the performance of its scalp sun care products.

In international operations, revenue grew by 28% and operating profit by 99% in the second quarter, expanding the foundation for global growth. The performance in the Americas and EMEA markets was key to this growth, with Japan and APAC markets also showing steady growth across primary online and offline channels. Operating profits have seen significant increases due to the revenue growth and profitability improvement of high-growth brands.

In the Americas, Aestura has experienced triple-digit revenue growth, attributed to the success of its 'Atobarrier365 Cream' in Amazon and Sephora channels. COSRX continues its rapid growth driven by strong sales of its 'RX Line' products on Amazon and TikTok Shop. Innisfree's revenue grew significantly based on the performance of their 'Green Tea' line and sun care products, while newly entered brands like IOPE, Hanyul, and Illiyoon also contributed to portfolio expansion.

In EMEA, COSRX led significant revenue growth, with its 'Ultra Light Invisible Sunscreen' topping the charts in the beauty category on German Amazon and the sunscreen category in the UK, while also expanding into new countries. Aestura enhanced its growth foundation through a strengthened collaboration with Sephora and expanded retail networks. Simultaneously, Laneige and Innisfree have improved their brand competitiveness through product launches and enhanced digital marketing.

In Japan, Laneige has maintained its growth through the launch of its new product 'Balance Mode' and the expansion of MBS channels. Aestura and COSRX also witnessed high growth driven by the performance of new products and key online channels. However, markets in ASEAN, India, and Australia have shown an increase in revenue, while the Greater China region saw a drop due to channel efficiencies; nonetheless, business structural enhancements centered on key channels continue.

Beauty brands such as Innisfree, Etude, Espoir, and Amos Professional have seen decreases in revenue and operating profits due to channel efficiency effects, although core products by brand continue to show growth. Notably, Osulloc has maintained strong growth due to favorable sales of gift sets through online channels and expansion in its Jeju Tea Museum matcha station and matcha noodle bar.

Amorepacific Group continues its efforts to lead the global beauty and wellness industry through its mid- to long-term vision, 'Create New Beauty.' To achieve this, it is pursuing five strategic objectives: focusing on nurturing global key markets (Everyone Global), strengthening integrated beauty solutions (Holistic), advancing bio technology-based anti-aging R&D (Ageless), agile organizational innovation (AMORE Spark), and transitioning to AI-based operations (AI First).