Tonymoly to embark on strategic expansion in US via Ulta and Sephora

Tonymoly to embark on strategic expansion in US via Ulta and Sephora

Having experienced booming sales in its overseas markets this year, K-beauty brand Tonymoly is set to speed up its expansion in the US, according to a report published by The Korea Times.

Tonymoly’s combined overseas sales for the first nine months of this year have already beaten the K-beauty giant’s 2015 entire sales tally.

Tonymoly is now stocked across 800 Ulta stores in the US, and the company plans to strategically increase its presence, supplying designated products to Sephora and Ulta respectively.

 

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