How it started
History
The company originated back in the 1930s, when Madame Dokjeong Yun began selling camellia oil in the village of Kaesong. Her second son, Sungwhan Suh, took over the business in 1945 and transformed the firm into a cosmetics chaebol, naming it "Taepyeongyang (meaning Pacific Ocean in Korean)".
Sungwhan Suh handed the company over to his second son Kyungbae Suh in 1997. Suh rebranded the firm into multi brands company to target the global market and turned the company into a chaebol giant that manages dozens of cosmetics brands.
In 2000, the company established the Korea Breast Cancer Foundation. In 2002, the company was renamed Amorepacific. Four years later, the holding company Amorepacific Group was founded. In 2010, the company built a second R&D center. Forbes named Amorepacific one of the most innovative companies in the world.
In 2018, Amorepacific opened its Global Headquarters in Yongsan, on the same site where the foundation of the business was built in 1965.
In 2025, the holding company Amorepacific Group was renamed Amorepacific Holdings. In time for the company's 80th anniversary the same year, the company declared its mid-to-long-term vision for 2035 and strategies to become a global leader in beauty and wellness under the vision slogan "Create New Beauty."
From Wikipedia’s article on Amorepacific Corporation, shared under CC BY-SA 4.0.2