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, the health and beauty retailer, reported that foreign customers' purchases at its international locations surpassed 1 trillion won ($727.5 million) in the first eight months of 2026. This milestone was reached three months earlier than last year, when sales reached the same figure by November. The company recorded 11.01 million transactions by foreign customers during this period, equivalent to roughly one transaction every 0.9 seconds during store operating hours.
Foreign customers now account for 33 percent of Olive Young's total offline store sales, a significant increase from 2 percent in 2022. This surge in international sales highlights the growing role of K-beauty retailers in the tourism infrastructure, extending beyond being just a shopping destination in Seoul's popular districts.
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.
This story
This is one outlet's version. Read the fullest account.
- Olive Young's 2026 sales to foreign customers top $727 mil. by Aug. koreatimes.co.kr
