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Injectable aesthetics. AmorePacific Q3: Sales plummet 15.6 percent as China’s zero Covid policy bites

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THE WHAT? AmorePacific has reported its results for the third quarter of the current financial year. The K-beauty behemoth saw sales drop 15.6 percent compared to the prior-year quarter and operating profit dive 62.6 percent, according to a report published by Inside Retail Asia.

THE DETAILS Domestic sales declined 18.6 percent while sales in China plummeted 40 percent as the country’s zero Covid policy continues with rolling lockdowns and ongoing restrictions hitting cosmetics consumption.

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Sales in Europe and North America heled mitigate these losses however, with these international markets gain 60 and 97 percent respectively.

THE WHY? Despite its attempts at greater diversification since the pandemic hit, China accounts for some 50 percent of Asian sales – making the market critical to the firm’s success. The K-beauty giant’s drive to reduce its exposure continues apace – most recently with the acquisition of Tata Harper.

Injectable aesthetics are popular due to their ability to provide noticeable results with minimal downtime compared to surgical procedures. They are versatile and can be tailored to meet individual aesthetic goals, whether it's enhancing lips, restoring facial volume, or smoothing out wrinkles. However, they should always be administered by qualified professionals to ensure safety and achieve optimal results.

Injectable aesthetics are used to enhance facial features, reduce the signs of aging, and improve overall facial symmetry and appearance.

Key types of injectable aesthetics include:

  • Dermal Fillers: These injectables are used to add volume, fill in wrinkles and folds, and enhance facial contours. They often contain substances like hyaluronic acid, collagen, or calcium hydroxylapatite, which help plump up the skin and smooth out fine lines and wrinkles.

  • Botulinum Toxin (Botox): Botulinum toxin injections temporarily relax facial muscles that cause wrinkles and lines to form. It is commonly used to treat forehead lines, frown lines between the eyebrows, and crow's feet around the eyes.

  • Collagen Stimulators: These injectables stimulate the body's own collagen production, helping to improve skin texture and firmness over time. Examples include poly-L-lactic acid (Sculptra) and calcium hydroxylapatite (Radiesse).

  • Neurotoxin Injections: Besides Botox, other neurotoxins such as Dysport and Xeomin are used similarly to reduce wrinkles and lines.

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