Tag - Tonymoly opens shops in Saudi Arabia

Tonymoly opens shops in Saudi Arabia

South Korean cosmetics maker Tonymoly said Thursday it has opened two shops in Saudi Arabia, tapping into the Middle Eastern market for the first time. In December, Tonymoly opened its first shop in Andalus Mall in Jeddah, and launched a second one in the capital city of Riyadh. Tonymoly said it will open 5-6 more shops in the first half of this year to grab a bigger chunk of the fast-growing beauty market in the oil-rich nation. The firm expected sales to [...]