Korean beauty giant Amorepacific is grappling with succession issues, with attention focused on the roles and potential leadership of two sisters within the company.

Amorepacific Corp plans to acquire 10 billion Won worth of its own shares, a move often aimed at boosting shareholder value or consolidating ownership.

Amorepacific announced the reopening of its beauty flagship store, Amore Yongsan, at its headquarters in Yongsan on April 30, featuring brand showrooms and personalized beauty services.

Amorepacific announced its first-quarter financial results, showing overall growth driven by the skincare market, despite a 5% fall in net profit attributed to a high base effect from the previous year.