South Korea's Olive Young is expanding into Taiwan by partnering with Cosmed, a major beauty retailer. Four of its signature private brands are now available in over 600 Cosmed stores nationwide, with dedicated zones planned for 120 stores by year-end.
CJ Group Chairman Lee Jae-hyun visits CJ Olive Young's first U.S. store in California, aiming to promote healthy and stylish lifestyles among American consumers, with plans for 5 more stores in the next year.
South Korea's Fair Trade Commission has launched an investigation into CJ Olive Young Corp. and Asung Daiso Corp. for alleged violations of the Act on Fair Transactions in Large Retail Business. Investigators were sent to the headquarters of both companies, with the probe examining compliance with the large-scale distribution law.
