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Korea has world's 11th largest skincare industry

 
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Troll_Bait



Joined: 04 Jan 2006
Location: [T]eaching experience doesn't matter much. -Lee Young-chan (pictured)

PostPosted: Wed Mar 04, 2009 10:11 pm    Post subject: Korea has world's 11th largest skincare industry Reply with quote

http://www.koreatimes.co.kr/www/news/nation/2009/03/116_40663.html

Quote:
According to the department store, local brand Sulhwasoo has ranked first among 25 local and global skincare brands in terms of sales since 2005. Its sales stood at 500 billion won (approximately $321million) last year.

LG skincare product Suim came in second, marking approximately 200 billion won in annual sales ...

Korea had the 11th largest skincare industry in the world in terms of a global market share in 2007, standing at 2.5 percent. Five local brands were among the 100 largest skincare businesses worldwide in the same year.

The minister vowed to support local cosmetic brands with extensive policy measures to elevate their standing in the global market to 7th from the current 11th.

British cosmetic products ranked seventh in the world as of 2007, accounting for 5.4 percent of the global market share ...
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sobriquet



Joined: 16 Feb 2007
Location: Nakatomi Plaza

PostPosted: Wed Mar 04, 2009 10:19 pm    Post subject: Reply with quote

How is this news?
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sobriquet



Joined: 16 Feb 2007
Location: Nakatomi Plaza

PostPosted: Wed Mar 04, 2009 10:28 pm    Post subject: Reply with quote

How is this news?
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sobriquet



Joined: 16 Feb 2007
Location: Nakatomi Plaza

PostPosted: Wed Mar 04, 2009 10:28 pm    Post subject: Reply with quote

How is this news?
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BS.Dos.



Joined: 29 Mar 2007

PostPosted: Thu Mar 05, 2009 2:36 am    Post subject: Reply with quote

Easy. You're looping.
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riverboy



Joined: 03 Jun 2003
Location: Incheon

PostPosted: Thu Mar 05, 2009 3:56 am    Post subject: Reply with quote

Well, it does have the 11th largest economy..........
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