CJ Olive Young recorded approximately 4.8 trillion won in sales last year. This is a 24% (912.7 billion won) increase compared to the previous year.

According to the Financial Supervisory Service's electronic disclosure system on the 11th, CJ disclosed 4.7899 trillion won in sales for CJ Olive Young in its shareholder meeting notice. The net profit was 470.2 billion won, marking a 35% increase from the previous year.

Last year, foreign customers of 189 nationalities visited Olive Young stores and made a total of 9.42 million transactions./Courtesy of Olive Young
Last year, foreign customers of 189 nationalities visited Olive Young stores and made a total of 9.42 million transactions./Courtesy of Olive Young

Olive Young, which started operations in 1999, surpassed 1 trillion won in sales within 17 years in 2016 and achieved 2 trillion won in 2021, just five years later. By 2023, it recorded sales of nearly 3.8 trillion won, coming close to 4 trillion won, and last year it generated nearly 5 trillion won in sales.

The K-beauty craze has fueled the growth of Olive Young. Last year, out of 1,371 Olive Young stores nationwide, 1,264 were visited by foreign tourists, accounting for 92% of the total. Olive Young's foreign sales also showed a 140% increase compared to the previous year, with foreigners from 189 countries making 9.42 million transactions.

Olive Young ranks fourth in sales within the CJ Group, following CJ CheilJedang, CJ Logistics, and CJ ENM.