Influence of Korean Wave and Laneige New Brands Ambassador (Lee Sung-Kyung) Towards Consumer Buying Decision in Indonesia

Total Page:16

File Type:pdf, Size:1020Kb

Influence of Korean Wave and Laneige New Brands Ambassador (Lee Sung-Kyung) Towards Consumer Buying Decision in Indonesia Influence of Korean Wave and Laneige New Brands Ambassador (Lee Sung-Kyung) towards Consumer Buying Decision in Indonesia By Ayudha Tamara 014201400021 A Skripsi Presented To The Faculty of Business President University In Partial Fulfillment of The Requirements For Bachelor Degree In Management May 2018 PANEL OF EXAMINERS APPROVAL SHEET The panel of Examiners declare that the skripsi entitiled “INFLUENCE OF KOREAN WAVE AND LANEIGE NEW BRAND AMBASSADORS (LEE SUNG-KYUNG) TOWARDS CONSUMER BUYING DECISION IN INDONESIA” that was submitted by Ayudha Tamara majoring in Management from Faculty of Business was assessed and approved to have passed the Oral Examination on 16 May 2018. Panel of Examiners Grace Amin, S.Psi.,M.Psi., Psikolog Chair – Panel of Examiners Jhanghiz Syahrivar, M.M. Examiner I Siska Purnama Manurung, S.Kom., M.M. Examiner II i DECLARATION OF ORIGINALITY I declare this skripsi, entitled “INFLUENCE OF KOREAN WAVE AND LANEIGE NEW BRAND AMBASSADORS (LEE SUNG-KYUNG) TOWARDS CONSUMER BUYING DECISION IN INDONESIA”is, to the best of my knowledge and belief, an original piece of work that has not been submitted, either in whole or in part, to another university obtain a degree. Cikarang, Indonesia, 16th May 2018 Ayudha Tamara 014201400021 ii CONSENT FOR INTELLECTUAL PROPERTY RIGHT INFLUENCE OF KOREAN WAVE AND LANEIGE NEW BRAND AMBASSADORS (LEE SUNG-KYUNG) TOWARDS CONSUMER BUYING DECISION IN INDONESIA, the author hereby grants the above mentioned contribution to the President University, whereby, the University shall have the exclusive right to translate, in whole or in part, all or part of the publication of the conference in the copyright period, including renewal and expansion, and all subsidiary rights. The author reserves the right to re-publish the free version of the manuscript and only inform the University of the Intention to do so and to ensure that the university’s repeared verbatim. The author retains the copyright and other proprietary right, such as the patent and trademark rights of any process or procedure described in the contribution. The author assures that the contribution is original, has not been published, is not published elsewhere, and has obtained any necessary permission to quote or copy the illustrations of other sources (any such copies of such licenses shall be sent together with them). The author states that any named person as a contribution to the contribution knows the agreement and agree with the above assurances. Cikarang, Indonesia, 16th May 2018 Ayudha Tamara 014201400021 iii ABSTRACT The growth of cosmetic’s industry in Indonesia become rapid with the presence of local brands cosmetics and imported cosmetics brands. Laneige is one of imported brand cosmetics from South Korea. This research purpose is to determine factors that influence consumer buying decision to Laneige product skin care in Indonesia. This research use quantitative method in processing and analye data. The researcher got the data from questionnaire that have been distributing to 275 respondents in Indonesia and researcher has applied the random sampling method. An empirical of this research explained that Korean Wave has no influence (not significant) to Laneige product skin care toward Consumer Buying Decision in Indonesia. Meanwhile, Brand Ambassador has significant influence to Laneige skin care products towards Consumer Buying Decision in Indonesia. Keywords: Korean Wave, Brand Ambassador, Laneige, Consumer Buying Decision. iv ACKNOWLEDGEMENT My best gratitude to God Almighty for I can complete this thesis smoothly and valuably, so this thesis can be completed entitled “INFLUENCEOFKOREAN WAVE AND LANEIGE NEW BRAND AMBASSADORS (LEE SUNG- KYUNG) TO CONSUMER BUYING DECISION IN INDONESIA”. In this preparation of this thesis, researcher aware of limitations, capabilities, and knowledge of the researcher in the preparation, but the difficulties can be solve by several parties. Through this opportunity, researcher would like to express the deepest gratitude and say thank you for following parties helps and support before, during and after complete this thesis: 1. My beloved family, Dad, Mom, and My brothers who give me love, motivation, sending prayers and support. 2. Ms. Siska, as the researcher’s advisor. Who provide me advice, guidance, and help me a lot of things during the process of this thesis until this thesis have done. Thank you so much for your time, efforts, patients, and kindness during the process of this thesis. 3. My Cousin Suhendra Riswin, Yuni, and Era, thank you so much for your motivation, support and sending me prayers. 4. My best friends Amel, Michellia, Ayu, Fitri, Riri, Lady, Anggun, and Natali, Thank you for being my friends for this 3.5 years and I be grateful that you all always hear my story and give me motivation during this time. 5. Last but not least, my wannable friends thank you for your help and motivation during this thesis process. Glad to meet and know them as my partners, teachers, and friends, Thank you Sincerely, Ayudha Tamara v TABLE OF CONTENTS Page PANEL OF EXAMINERS APPROVAL SHEET ................................................................ i DECLARATION OF ORIGINALITY .............................................................................. ii CONSENT FOR INTELLECTUAL PROPERTY RIGHT ................................................... iii ABSTRACT ............................................................................................................... iv ACKNOWLEDGEMENT ............................................................................................. v TABLE OF CONTENTS .............................................................................................. vi CHAPTER I. INTRODUCTION .................................................................................... 1 1.1 Background .......................................................................................... 1 1.2 Problem Identification ......................................................................... 9 1.3 Research Questions ............................................................................ 10 1.4 Research Objectives ........................................................................... 11 1.5 Significant of Study ............................................................................. 11 1.6 Limitations .......................................................................................... 11 1.7 Thesis Organization ............................................................................. 12 CHAPTER II. Literature Review .............................................................................. 13 2.1 Literature Review .............................................................................. 13 2.1.1 The Advance of Korean Wave ............................................. 13 2.1.2 Branding .............................................................................. 15 2.1.3 Brand Ambassador .............................................................. 16 2.1.4 Consumer Decision ............................................................. 17 vi 2.2 Previous Research ............................................................................. 19 2.3 Research Gap ..................................................................................... 21 CHAPTER III. METHODOLOGY ............................................................................... 22 3.1 Theoretical Framework ..................................................................... 22 3.2 Hypothesis ......................................................................................... 22 3.3 Operational Definitions .................................................................... 23 3.4 Research Design ............................................................................... 26 3.5 Sampling Design ............................................................................... 26 3.6 Pre-test ............................................................................................. 27 3.7 Classic Assumption ............................................................................ 28 3.8 Multiple Regression ........................................................................... 29 3.9 Hypothesis Testing ............................................................................ 30 CHAPTER IV. RESULT & DISCUSSION ..................................................................... 32 4.1 Descriptive Analysis............................................................................ 32 4.2 Demographic Profiles ......................................................................... 34 4.3 Descriptive Statistic Analysis .............................................................. 42 4.4 Inferential Analysis ............................................................................. 43 4.5 Multiple Regression Analysis ............................................................. 46 4.6 Coefficient of Determination ............................................................. 47 4.7 Hypothesis Testing Result .................................................................. 47 4.8 Discussions ......................................................................................... 49 vii CHAPTER V. CUNCLUSION & RECOMMENDATION ............................................... 51 5.1 Conclusion .......................................................................................... 51 5.2 Recommendation ..............................................................................
Recommended publications
  • Illocutionary Acts in the Headlines and Slogans of Beauty Product Advertisements
    ILLOCUTIONARY ACTS IN THE HEADLINES AND SLOGANS OF BEAUTY PRODUCT ADVERTISEMENTS A THESIS Presented as Partial Fulfillment of the Requirements for the Attainment of a Sarjana Sastra Degree in English Literature Study Program MELIANA MUSTOFA 12211141004 ENGLISH LITERATURE STUDY PROGRAM ENGLISH EDUCATION DEPARTMENT FACULTY OF LANGUAGES AND ARTS YOGYAKARTA STATE UNIVERSITY 2017 APPROVAL ILLOCUTIONARY ACTS IN THE HEADLINES AND SLOGANS OF BEAUTY PRODUCT ADVERTISEMENTS A THESIS By: Meliana Mustofa 12211141004 Approved on July 17, 2017 By: First Supervisor, Second Supervisor, Susana Widyastuti, Ph.D. Paulus Kurnianta, M.Hum. NIP. 19780228 200501 2 001 NIP. 19720622 200501 1 001 ii RATIFICATION SHEET iii PERNYATAAN Yang bertanda tangan di bawah ini, saya Nama : Meliana Mustofa NIM : 12211141004 Program Studi : Bahasa dan Sastra Inggris Fakultas : Bahasa dan Seni Fakultas Negeri Yogyakarta Judul Skripsi : Illocutionary Acts in the Headlines and Slogans of Beauty Product Advertisements menyatakan bahwa karya ilmiah ini adalah hasil pekerjaan sendiri. Sepanjang pengetahuan saya, karya ilmiah ini tidak berisi materi yang ditulis oleh orang lain, kecuali bagian-bagian tertentu yang saya ambil sebagai contoh acuan dengan mengikuti tatacara dan etika penulisan karya ilmiah yang lazim. Apabila ternyata terbukti bahwa pernyataan ini tidak benar, hal itu sepenuhnya menjadi tanggung jawab saya. Yogyakarta, 26 Juni 2017 Penulis, Meliana Mustofa iv MOTTO “Act like a lady, think like a boss.” ~ESQA~ “Do not rush thing. When the time is right, it will happen.” ~Unknown~ v DEDICATION This thesis is fully dedicated to Mama, Bapak, sister, and little brother who have been my top supporters. vi ACKNOWLEDGEMENTS First of all, I would like to thank Allah SWT, the Almighty to whom I believe in.
    [Show full text]
  • The Influence of Brand Equity Toward Customer Buying Decision on Cosmetic Product in Jakarta
    THE INFLUENCE OF BRAND EQUITY TOWARD CUSTOMER BUYING DECISION ON COSMETIC PRODUCT IN JAKARTA By Nurinda Febriyanti ID No. 014201000183 A skripsi presented to the Faculty of Business President University in partial fulfillment of the requirements for Bachelor Degree in Economics Major of Management February 2014 PANEL OF EXAMINERS APPROVAL SHEET The Panel of Examiners declares that the skripsi entitled “THE INFLUENCE OF BRAND EQUITY TOWARD CUSTOMER BUYING DECISION ON COSMETIC PRODUCT IN JAKARTA” that was submitted by Nurinda Febriyanti majoring in Management from the Faculty of Business was assessed and approved to have passed the Oral Examinations on February 18th, 2014. VinsensiusJajat K., MM, MBA Chair – Panel of Examiners Drs. Agus B. Adidi, M.A.,C.CA Examiner 1 Dra, Genoveva,MM Examiner 2 2 SKRIPSI ADVISER RECOMMENDATION LETTER This skripsi entitled “THE INFLUENCE OF BRAND EQUITY TOWARD CUSTOMER BUYING DECISION ON COSMETIC PRODUCT IN JAKARTA”prepared and submitted by Nurinda Febriyanti in partial fulfillment of the requirements for the degree of bachelor in the Faculty of Business has been reviewed and found to have satisfied the requirements for a skripsi fit to be examined. I therefore recommend this skripsi for Oral Defense. Cikarang, Indonesia, February 18th, 2014 Acknowledged by, Recommended by, VinsensiusJajat K., MM, MBA Dra,Genoveva,MM Head of Management Study Program Skripsi Adviser 3 DECLARATION OF ORIGINALITY I declare that thisskripsi, entitled “THE INFLUENCE OF BRAND EQUITY TOWARD CUSTOMER BUYING DECISION ON COSMETIC PRODUCT IN JAKARTA” is, to the best of my knowledge and beliefs, an original piece of work that has not been submitted, either in a whole or in a part, to another university to obtain a degree.
    [Show full text]
  • PDF Download
    Amorepacific Group Sustainability Report CEO Message Amorepacific Group’s ten-year journey of sustainability management is the representation of our long-time commitment and devotion to creating “A MORE Beautiful World” with society. First of all, we will help our customers build a sustainable lifestyle “Amorepacific Group will continue its journey by closely studying the environmental and social impact of their consumption activities. toward becoming a ‘Great Brand Company’ By raising awareness of the environmental and social impact of consumption, Amorepacific Group wants to create a sustainable lifestyle throughout society. From product planning to production, sales and disposal, we want our products to that is building a beautiful future for humanity exert a positive influence on the environment and society. To that end, we will establish principles and strategies to develop sustainable products. Moreover, we will enhance sustainability in our offline stores and all other points where we connect by communicating with society with an open-heart.” with our customers, while providing our stakeholders with various opportunities to participate in sustainable consumption. Second, we will pursue inclusive growth with our employees, business partners and local communities. Amorepacific Group makes diverse efforts to grow together with all social and economic actors that compose the corporate ecosystem. We will pursue inclusive growth by creating an efficient work environment where our employees can find the Dear valued stakeholders, balance
    [Show full text]
  • Exporting and Moulding Ideals of Beauty: Boom of the South Korean Cosmetic Industry in the Era of Globalisation
    LUND UNIVERSITY • CENTRE FOR EAST AND SOUTH-EAST ASIAN STUDIES Exporting and Moulding Ideals of Beauty: Boom of the South Korean Cosmetic Industry in the Era of Globalisation Author: Dana Xenia Marasca Supervisor: Sidsel Hansson Master’s Programme in Asian Studies Spring semester 2020 Abstract The present thesis focused on analysing the recent opening of the South Korean cosmetic industry to the Western world, in combination to a trade of beauty ideals, facilitated by social media and the internet. More specifically, the study focused on three main levels of inquiry. Firstly, understanding how the South Korean beauty industry advertises its products abroad through social media outlets; secondly, understanding to what extent its foreign and domestic promotional campaigns differ, in relation to beauty ideals and gender norms; thirdly, elaborating the responses and reactions of Western consumers to the said advertisements. The thesis involved qualitative content analysis of selected pieces of literature on gender, beauty and media on a primary level, and the scrutiny and interpretation of cosmetics advertisements on a secondary one, along with consumers’ responses to the said campaigns. The promotional content that was taken into account comprised image advertisements, videoclips and official products descriptions from the two South Korean brands Laneige and Etude House. What emerged from the study is an employment of cultural and social codes to promote cosmetic products abroad, which generate consumer satisfaction and brand awareness, however further reinforcing gender-based stereotypes. Keywords: South Korea, Cosmetic Industry, Gender Norms, Beauty Standards, Social Media Marketing, Advertisements, Globalisation. 1 Acknowledgements First and foremost, I would like to express my gratitude towards Sidsel Hansson, my supervisor, who has not only been an incomparable guide throughout the entire research process, but has also encouraged me and provided advice when most needed.
    [Show full text]
  • Exhibitor & Exhibit Information of the Third China International Import Expo
    Exhibitor & Exhibit Information of the Third China International Import Expo General No. 5 Consumer Goods (No.1) , ii Notice for Reading Dear readers and users of the Exhibitor and Exhibit Information of the Third China International Import Expo, On the basis that exhibitors volunteer to provide relevant information, the China International Import Expo Bureau (hereinafter referred to as the "CIIE Bureau") compiles, not for profit, and freely provides the Exhibitor and Exhibit Information of the Third China International Import Expo (CIIE) (hereinafter referred to the Exhibitor and Exhibit Information) in order to timely provide buyers and relevant units with information about the exhibitors and their exhibits and facilitate the matchmaking and negotiation before the CIIE. The information on relevant exhibitors, their commodities or services has been provided by corresponding exhibitors of the third CIIE. Meanwhile, such exhibitors will be liable for the truthfulness, accuracy, and validity of what they have provided. The CIIE Bureau just collects, arranges, and releases relevant information. When you read or use the Exhibitor and Exhibit Information, please contact the CIIE Bureau timely if any untruthful or unfaithful information is found, for prompt verification and correction. If any suspected illegal condition is found, relevant legal provisions can be referred to for disposal or please immediately contact the CIIE Bureau and we will remind relevant units for rectification. It is hereby declared. Contact: [email protected] China International
    [Show full text]
  • STOREDITS SKIN CARE, MAKE-UP and COSMETICS
    STOREDITS SKIN CARE, MAKE-UP and COSMETICS A research report by the Shop! Global Network Sponsored by Platinum sponsor Prepared by Gold sponsors STOREDITS SKIN CARE, MAKE-UP and COSMETICS Storedits Letter from Todd Our goal at Shop! Environments We hope you find this comprehensive Association is to provide retailers and report helpful as you collaborate and brands with fresh ideas to meet their build alliances with retailers in this customers’ untapped needs by using competitive market. Shop! member products and services. “Collaboration & Alliances” is one of If you have questions about this or six vital retail trends we’ve identified other Shop! research reports, feel as necessary to thrive in today’s free to reach out to me (tdittman@ challenging retail environment. shopassociation.org) or Madeline Baumgartner, Director of Education This research project underscores & Research, at mbaumgartner@ how strong alliances among our Shop! shopassociation.org. Global Network members can result in A special thank you to the creation of an essential tool for the Thank you! our sponsors WestRock, industry at large. Storedits (stor-ditz) Duraco and Hera Lighting is an analytical qualitative survey of for their ongoing support retail space conducted by the Shop! of the Storedits program. Global Network. For several years, this We also thank the staff study has been identifying how POP Todd Dittman, at POPAI UK & Ireland displays are being deployed in different Executive Director Shop! for managing the project, categories and retail channels across providing analysis and the world. This year, it was expanded writing the report, as well throughout North America and covers as other members of the the explosive market of skin care and make-up/cosmetics.
    [Show full text]
  • DEEP DIVE: Have Had a Growing Influence on the Global Beauty Market in Recent Years, Leading to a K-Beauty Trend
    NOVEMBER 16, 2016 Korean beauty brands have seen strong growth in sales volume, with eXports reaching US$2.45 billion in 2015. Korean brands DEEP DIVE: have had a growing influence on the global beauty market in recent years, leading to a K-Beauty trend. Korean In this report, we eXamine the factors that underpin the successful ascent of Korean beauty, with a focus on the product, process and technology innovations they have brought Innovation to the market. Here are our key takeaways. 1) Korean beauty brands have adopted a “fast fashion” product development cycle and gained recognition for in Beauty innovative formulas, ingredients, manufacturing processes and packaging. However, the sophisticated and demanding customers in the local Korean market have also been one of the major drivers. 2) Korean beauty brands have embraced the digital transformation age and have taken advantage of the cultural influence of the Korean wave to come up with innovative marketing strategies that have driven growth. 3) Korean beauty brands were also fast to adopt in-store technologies, some of which are on par with other technology developed by international beauty brands, while others are ahead of the international market. DEBORAH WEINSWIG 4) A number of Korean beauty startups have emerged that Managing Director, Fung Global Retail & Technology have brought Korean beauty products overseas with e- [email protected] commerce, or created innovative beauty products with US: 646 .839.7017 HK: 852.6119.1779 the latest technologies. CN: 86.186.1420.3016 DEBORAH WEINSWIG, MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY 1 [email protected] US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016 Copyright © 2016 The Fung Group.
    [Show full text]
  • Livers of Sharks, Especially Deepwater Shark Species Which Are Especially Vulnerable Theto Overfishing and Often Endangered
    AN EXCLUSIVE STUDY BY BLOOM March 2015 Shark in our beauty BEAST creams and the Beauty Shark in our beauty BEAST creams Some cosmetic brands still use a substance derived from the liver of sharks in the blends of moisturizing creams. In 2012,and BLOOM carried out a worldwide study on the use of shark squalane, a substance extracted from the livers of sharks, especially deepwater shark species which are especially vulnerable theto overfishing and often endangered. The study revealed that the cosmetics sector was the main consumer of animal squalane, even though plant substitutes derived from sugar cane or olive were available. The report pointed to the urgency for corporations to take their environmental responsibility seriously and to modify their supply chain in order to exclusively use plant squalane. Two years later, in 2014, BLOOM proceeded to carry out the largest test ever made on commercial creams to identify the presence of shark squalane in them. In total, BLOOM tested 72 moisturizing creams whose list of ingredients mentioned “squalane”. Labels did not specify whether the squalane was animal-based (shark) or plant-based (olive or sugarcane). Ten creams out of 72 did not contain a sufficient volume of squalane altogether to identify its origin, but results were robust for 62 of the products tested. As a conclusion, one moisturizing cream out of five contains shark squalane. It appearsBeauty that a high proportion of Asian brands still use shark squalane while Western brands, although still massively concerned by this issue in 2012, have globally shifted away from using shark substances.
    [Show full text]
  • (Awarded in 6X STAR$®) with the American Express® Capitacard
    Earn up to 3% rebate (Awarded in 6X STAR$®) with The American Express® CapitaCard Participating Merchants at CapitaLand Malls in town (S$1 spend = 30 STAR$®, T&Cs Apply) Updated as of 1 July 2021 Important Notes Please visit amex.co/capitacardterms for the full terms and conditions for earning STAR$® with your American Express® CapitaCard. Please note that under the terms and conditions: 1. Additional 25 STAR$® will be awarded, on top of the base 5 STAR$, on eligible purchases of goods and services, in blocks of S$1, on a cumulative basis at the end of every calendar month, capped at S$1,200 per calendar month. 2. On top of excluded charges and purchases, the following transactions are also not eligible to earn additional 25 STAR$®: charges at pushcarts, temporary vendors/pop-up shops, events, roadshows, SISTIC, SAM machines and AXS machines within CapitaLand Malls in town. American Express International Inc (UEN S68FC1878J) 1 Marina Boulevard #22-00, One Marina Boulevard, Singapore 018919. americanexpress.com.sg. Incorporated with Limited Liability in the State of Delaware, U.S.A ®Registered Trademark of American Express Company. © Copyright 2021 American Express Company. AXP Public 1 American Express® CapitaCard Participating Merchants @ Bugis Junction 200 Victoria Street Singapore 188021 Participating Merchant Name 6IXTY8IGHT Hi-Tec Mobile Polar Puffs & Cakes Action City HLH SABER LILY Pop Mart adidas HoneyMoon Dessert Premier Football Ajisen Ramen Honguo Purpur Akihabara HP By AddOn Q & M Dental Centre (Bugis) Alcoholiday HUAWEI Raffles
    [Show full text]
  • The Annual Report on the World's Most Valuable Cosmetics Brands April 2017
    Cosmetics 50 2017 The annual report on the world’s most valuable cosmetics brands April 2017 Foreword Contents steady downward spiral of poor communication, Foreword 2 wasted resources and a negative impact on the bottom line. Definitions 4 Methodology 6 Brand Finance bridges the gap between the marketing and financial worlds. Our teams have Executive Summary 8 experience across a wide range of disciplines from market research and visual identity to tax and Full Table 12 accounting. We understand the importance of design, advertising and marketing, but we also Understand Your Brand’s Value 13 believe that the ultimate and overriding purpose of How We Can Help 14 brands is to make money. That is why we connect brands to the bottom line. Contact Details 15 By valuing brands, we provide a mutually intelligible language for marketers and finance teams. David Haigh, CEO, Brand Finance Marketers then have the ability to communicate the What is the purpose of a strong brand; to attract significance of what they do and boards can use customers, to build loyalty, to motivate staff? All the information to chart a course that maximises true, but for a commercial brand at least, the first profits. answer must always be ‘to make money’. Without knowing the precise, financial value of an asset, how can you know if you are maximising your Huge investments are made in the design, launch returns? If you are intending to license a brand, how and ongoing promotion of brands. Given their can you know you are getting a fair price? If you are potential financial value, this makes sense.
    [Show full text]
  • AMOREPACIFIC Corporation 1Q 2015 Earnings Release
    AMOREPACIFIC Corporation 1Q 2015 Earnings Release 1 1Q 2015 Earnings Summary 2 Domestic Business 2-1 Cosmetics 2-2 Mass & Sulloc 3 Overseas Business 4 Financial Summary As a note, it is suggested to use this material only as a reference, as it contains information and data that are subject to changes without prior notice due to uncertainties, changes in the organizational structure, redefinition of accounting policies, etc., and may cause the actual results to differ from those stated or implied in this material. AMOREPACIFIC Corp. has adopted the K-IFRS since 2011. 1Q 1 2015 ㅣ 1Q 2015 Earnings Summary Sales up 29.2% to KRW 1,204.4bn, OP up 58.2% to KRW 278.0bn Sales & OP by Division KRW bn 1Q 2014 % of sales 1Q 2015 % of sales YoY(%) Sales 931.8 100.0% 1,204.4 100.0% 29.2% Domestic 739.5 79.4% 935.0 77.6% 26.4% Cosmetics 607.6 65.2% 796.2 66.1% 31.0% Mass & Sulloc 131.9 14.2% 138.8 11.5% 5.3% Overseas 192.4 20.6% 269.3 22.4% 40.0% 1Q 2014 OPM 1Q 2015 OPM YoY(%) Operating Profit 175.7 18.9% 278.0 23.1% 58.2% Domestic 152.0 20.6% 223.5 23.9% 47.0% Cosmetics 135.5 22.3% 202.1 25.4% 49.2% Mass & Sulloc 16.6 12.6% 21.4 15.4% 29.3% Overseas 23.7 12.3% 54.5 20.2% 130.1% Net Profit 122.9 13.2% 211.5 17.6% 72.0% 1Q 2 2015 ㅣ Domestic Business : Cosmetics Luxury Door-to-door : Sales growth delivered by improved channel visibility and increased sell-through to customers Sales 796.2 13.4 -Increased sales of luxury skincare and major make-up products 31.0% -Continued quality growth by increased productivity resulting from strengthened sales ladies' capacity Dep.
    [Show full text]
  • Creating a Beautiful Life
    Creating a Beautiful life 2015 AMOREPACIFIC Group Sustainability Report 2015 AMOREPACIFIC Group Creating a Beautiful Life Sustainability Report 70 Years of Journey Brand Portfolio 06 2015 Highlight Materiality Analysis 42 Beautiful Journey over the Last 70 Years 16 Global Growth 44 Key Performances from 2015 18 Leading Innovation and Digitalization in Beauty 49 Towards a More Beautiful Future 19 Sustainable Products and Value-Based Consumption 55 Mutual Growth with partners 59 1 3 Social Contribution and Local Community Engagement 64 Corporate Overview CEO Message 24 Sustainability AMOREPACIFIC 70 AP WAY 26 Performance innisfree 99 Corporate Vision 27 ETUDE 103 Sustainability Management System 28 eSpoir 105 Worldwide Business 30 AMOS professional 107 Financial Performance 32 AESTURA 110 2 Governance Structure 35 4 O'sulloc farm 112 Risk Management 37 Ethical Management 39 Appendix Independent Assurance Report 115 Verification Statement GHG Inventory 117 GRI G4 Index 119 5 About This Report 123 2 3 Beauty Making the World 1 More Beautiful 70 Years of Journey Our 70 years of history is a history of Korea’s cosmetic industry. Since its establishment in 1945, the AMOREPACIFIC group - Brand Portfolio is a global leader presenting a new beauty paradigm of our time - Beautiful Journey over the Last 70 Years through continuous commitment to innovation and focus on - Key Performances from 2015 - Towards a More Beautiful Future research and development. AMOREPACIFIC Group’s each brand is the fruit of our endless innovations and commitment to sharing more beautiful values with our customers and stakeholders. We are continuing our efforts to transform the world through beauty.
    [Show full text]