Olive Young's 2026 sales to foreign customers top $727 mil. by Aug.
Foreign customers' purchases at health and beauty retailer CJ Olive Young surpassed 1 trillion won ($727.5 million) at its domestic stores in the first eight months of this year, reaching the milestone three months earlier than last year, while also seeing international visitors at its locations beyond Seoul. CJ Olive Young said Monday that cumulative purchases by foreign customers at its offline…
CJ Olive Young's foreign customer purchases at its health and beauty stores surpassed 1 trillion won ($727.5 million) in the first eight months of the year. This milestone was reached three months earlier than the previous year. International visitors also made purchases at Olive Young's locations outside of Seoul during this period.
The company reported 11.01 million transactions from foreign customers between January and August, translating to approximately one transaction every 0.9 seconds during store operating hours. This growth signifies the increasing role of K-beauty retailers in the tourism infrastructure, rather than merely being a shopping destination in Seoul's popular districts.
Foreign customers accounted for 33 percent of Olive Young's total offline store sales by August, a significant increase from just 2 percent in 2022.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Olive Young's 2026 sales to foreign customers top $727 mil. by Aug. koreatimes.co.kr
