stooocks.com

Understand any stock in simple English
Enter a ticker to learn what the company does and how it makes money.

Amorepacific Corporation

South Korea · KRX: 090435.KS · Market cap: $5.84B · P/E: 8.5 · P/S: 1.7

Amorepacific makes and sells beauty and personal care products, household goods, and health supplements, mostly under its own brands, and sells them around the world.

Amorepacific is a South Korean beauty and lifestyle company. It sells skincare, makeup, perfume, shampoo, toothpaste, household products like laundry detergent, and health supplements. The heart of the business is cosmetics — creams, serums, cushions, lipsticks — sold under a family of brands rather than one single label.

Amorepacific Corporation (090435.KS) Premium skincare cosmetics: line art illustration of A sleek skincare serum bottle with dropper and a cushion compact
Premium skincare
Amorepacific makes premium skincare sold around the world.

Its most famous brand is Sulwhasoo, a premium line built around traditional Korean herbal ingredients like ginseng, which sells well in Korea and across Asia. Laneige is the mass-premium skincare brand that became a global hit, especially its Water Sleeping Mask and Lip Sleeping Mask. Beyond those, it runs a range of other cosmetics brands, plus the household and health-products business that gives it steady, everyday income alongside the trendier beauty side. Customers are mostly women buying skincare and makeup, though the brands increasingly target younger shoppers and men too. The company's edge comes from research and ingredients. Amorepacific has spent decades studying ginseng and green tea and turning them into proprietary ingredients, which lets it charge premium prices and tell a story competitors can't easily copy. It sells through department stores, its own stores, online channels, and travel retail — the duty-free shops where tourists, especially Chinese shoppers, have historically bought a lot of Korean cosmetics. That travel-retail dependence is also a vulnerability: when Chinese tourist flows dropped or Beijing restricted Korean goods, sales took a hit.


The business faces tough competition. Rivals include L'Oréal and Estée Lauder globally, and at home it battles LG H&H and a wave of fast-moving indie Korean brands that win fans on social media. Amorepacific's answer has been to push its hero brands harder overseas, expand in North America and Japan, and lean on online sales. The company pays dividends and invests in new products and overseas growth. Its fortunes rise and fall with K-beauty's global popularity — a real tailwind when Korean culture is hot, and a real problem when shoppers move on.

Saved answer · last researched 12 Nov 2026