- Source: Olive Young (company)
CJ Olive Young Corporation (Korean: 씨제이올리브영 주식회사) is a health and beauty product store based in South Korea. Olive Young opened its first store in Sinsa-dong, Gangnam in December 1999 under the management of CJ Systems and pioneered Korea's health and beauty market. Olive Young's main slogan is "All live young with Olive Young." which reflects the main philosophy 'Natural Healthy' of Olive Young. In 2021, Olive Young is solidifying its No.1 position in the Korean H&B market, which was hit directly by Covid-19.
History
Olive Young's first store opened in 1999 in Sinsa. In 2002, the company established a joint venture with Dairy Farm International part of the Jardine Matheson Group. The joint venture was terminated in 2008, when Olive Young acquired the entirety of CJ company shares on the market.
The company started importing organic cosmetics from Juice Beauty, a popular US cosmetics brand, in 2009. It released CJ ONE, an integrated membership service for CJ Systems, in 2010.
In December 2014, Olive Young merged with CJ Systems and changed its name to CJ Olive Networks Co., Ltd. It introduced the electronic shelf labeling system to its stores in 2018. Olive Young launched the Global Mall in 2019 to realize a new brand message called "Global Lifestyle Platform to Propose Healthy Beauty." As of 2024, Olive Young operates more than 1,300 stores and also sells products online.
Major business
= Self-developed products
=Cosmetic accessories: cotton swabs, nail clippers, hair combs
Beauty supplies: sunscreen, mask packs, nose packs
= Self-developed brands
=Color brands: Elle girl, WAKEMAKE, Colorgram
Skin care brands: Plant country, Bio Heal boH, Round A'Round, Dream Works Beauty Collection, Bring Green
Men's skin care brands: XTM Style homme
= Exclusive sales products
=Imported cosmetics: Cottage, Bull Dog, Yves Rocher, Saforelle, Rap Phyto, The Balm, Topicrem
= General sales products
=Beauty Care: skin care, makeup, perfume, men's cosmetics, beauty accessories
Healthcare: health functional foods, health supplies, emergency supplies
Personal care: hair and body care, oral care, hygiene
Food: beverages, confectionery, processed foods
Sundries: household goods, personal belongings, cultural gift certificates
= Past exclusive sales products
=Imported cosmetics: Sukin, Lanolips
References
External links
Official website
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