Amorepacific Group is supporting its partners' holiday financial management.
On September 17, Amorepacific Group announced that it has made early payments to its partners ahead of the Chuseok holiday.
The payments will benefit over 600 partners supplying raw materials, containers, and products to nine subsidiaries of Amorepacific Group. The company will begin disbursing a total of 64.9 billion won, which was originally scheduled for payment by September 27, up to 10 days earlier than planned.
Since the mid-2000s, Amorepacific Group has provided early payments to assist partners with their financial operations before holiday breaks.
Lee Sang-mok, CEO of Amorepacific Holdings, stated, "In light of the upcoming Chuseok holiday, we are paying our partners up to 10 days earlier than scheduled. We will continue our efforts to promote mutual growth with our partners."
Meanwhile, Amorepacific is expanding its international market presence for various brands based on its digital competitiveness. The company aims to achieve 15 trillion won in group sales by 2035 through global expansion in dermatological beauty, clinical skincare, and hair care.
* This article has been translated by AI.
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