Pharma Research announced that its derma cosmetic brand, Rejuvaskin, has launched in both the online and offline stores of Olive Young in the United States, marking a significant step in expanding its distribution network in North America.
Rejuvaskin debuted at the newly opened Olive Young store in Pasadena on May 29 and is set to launch at the Westfield Century City location this month. Additionally, the brand has begun selling products through the Olive Young U.S. online store.
This entry is part of a strategy to diversify distribution channels in the North American market. Rejuvaskin has been expanding its presence in the U.S. through major platforms like Amazon and Sephora.
The product lineup includes the Dual Effect Ampoule, Turnover Ampoule, Nutritive Cream, and Turnover Mask. Notably, the Dual Effect Ampoule and Turnover Ampoule quickly became bestsellers on the Olive Young U.S. online store shortly after their launch.
Pharma Research reported that its medical aesthetic business, led by Rejuvaskin, generated 146.1 billion won in revenue and 57.3 billion won in operating profit in the first quarter of this year, reflecting increases of 25% and 28%, respectively, compared to the same period last year. This growth is attributed to strong domestic demand for Rejuvaskin, robust growth in the cosmetics sector, and an expansion in global exports.
Rejuvaskin plans to strengthen collaboration with CJ Olive Young's U.S. subsidiary and enhance marketing efforts to broaden its local sales base. A company representative stated, "We will promote the unique competitiveness of Rejuvaskin and expand our presence as a K-derma brand in the North American market."
* This article has been translated by AI.
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