CJ Olive Young to open five more U.S. stores

By Maekyung News Service

CJ Olive Young Corp. will open five additional stores in California by the first half of next year, expanding beyond Los Angeles into San Diego for the first time.

The company said Monday that it will open four stores in the Los Angeles area ? at Spectrum Center in Irvine, Del Amo Fashion Center in the South Bay, Bloom on Third in central Los Angeles, and Brea Mall in Orange County ? while the fifth will be located at Fashion Valley in San Diego.

The expansion will bring CJ Olive Young’s U.S. store count to seven. The company opened its first two outlets in the Los Angeles area in May and June, attracting a combined 27,000 customers as of end-October.

The new stores will be concentrated in premium shopping centers operated by Simon Property Group Inc. CJ Olive Young has also expanded its distribution network through a partnership with Sephora, launching dedicated K-beauty displays at its stores in August.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.