Don’t miss the latest developments in business and finance.

Amorepacific Group Launches Beauty Brand Etude House in India

Image
Press Trust of India MUMBAI
Last Updated : May 02 2019 | 3:45 PM IST

/ -- Etude House is the third brand of Amorepacific Group introduced to India after innisfree and Laneige
Amorepacific plans to expand e-commerce channels to increase reach with millennial customers
(Logo: https://mma.prnewswire.com/media/881017/Etude_House_Logo.jpg )
"The Indian beauty market is growing by nearly 10% every year and this fast growth is driven by millennial customers with increasing disposable incomes and growing interests in global beauty. We see tremendous potential in India to support our goal of strengthening the experience of Asian Beauty in the region," said Lee Chang-kyoo, Head of Amorepacific's Group Strategy Unit. "With the launch of Etude House, we seek to offer the best beauty experience to our Indian customers - with products that are backed by over 70 years of studies in natural ingredients and world-class innovative technology. In 2019, we plan to boost our brand operations through online channels."

Nykaa Chief Business Officer Nihir Parikh said, "Over the last two years Nykaa brought Korean beauty to India, introducing customers to their unique innovations and ingredients. The category has been a great success with our customers, who are keen to experience such global trends." He further added, "To continue to offer our customer the best of beauty, we are very excited to launch the playful and quirky K-beauty brand Etude House, exclusively on Nykaa with its innovative and fun products across makeup and skincare."
About Amorepacific

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 02 2019 | 3:45 PM IST

Next Story