PLAY PODCASTS
51: Fancy Face Cream, South Korea's Next Economic Engine

51: Fancy Face Cream, South Korea's Next Economic Engine

Trumponomics

August 17, 201618m 44s

Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

This week the Benchmark team takes a look at one of South Korea's most promising new exports: beauty products. Seoul is pivoting away from the country's reliance on government-sponsored companies like Samsung and LG and instead attempting to capitalize on its multi-generation tradition of expensive, multi-step skincare regimens. Women - and men - around the world are buying into the trend, helping overseas beauty sales for Korean beauty products to rise 73 last year. Co-hosts Kate Smith and Scott Lanman are joined by Nina Bahadur, a senior editor at Conde Nast, and Alicia Yoon, founder of the cult K-beauty e-commerce company Peach and Lily, to see just how much fancy face creams are helping South Korea's economy.

See omnystudio.com/listener for privacy information.