financetom
Economy
financetom
/
Economy
/
Move over Chanel: North Korea's 'raccoon eye makers' get state push
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Move over Chanel: North Korea's 'raccoon eye makers' get state push
Aug 8, 2019 1:29 AM

Move over Chanel: North Korea's 'raccoon eye makers' get state push

SUMMARY

North Korea is encouraging its beauty-conscious middle-class women to choose domestic cosmetics over foreign brands in an effort to boost self-reliance as international sanctions deepen. Promoting home-grown beauty has been a political strategy since the days of state founder Kim Il Sung, but has become more focused under his foreign-educated grandson, Kim Jong Un. The international popularity in recent years of South Korea's K-beauty trend - innovative cosmetic products with natural ingredients such as ginseng and snail slime - has added momentum, say defectors who fled the North and experts who study the isolated state.

By ReutersAug 8, 2019 10:29:31 AM IST (Published)

North Korean leader Kim Jong Un and wife Ri Sol Ju visit a cosmetics factory in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang. North Korea is encouraging its beauty-conscious middle class women to choose domestic cosmetics over foreign brands in an effort to boost self-reliance as international sanctions deepen. Promoting home-grown beauty has been a political strategy since the days of state founder Kim Il Sung, but has become more focused under his foreign-educated grandson, Kim Jong Un. KCNA/via REUTERS

North Korean cosmetic products (front line) are seen on a dressing table in Seoul, South Korea. The international popularity in recent years of SouthKorea'sK-beauty trend - innovative cosmetic products with natural ingredients such as ginseng and snail slime - has added momentum, say defectors who fled theNorthand experts who study the isolatedstate. REUTERS/Kim Hong-Ji

The Moranbong Band, an all-female North Korean pop band formed by leader Kim Jong Un, performs at a celebratory concert marking the end of the 7th Workers' Party Congress in Pyongyang. REUTERS/Damir Sagolj/File Photo

Kang Na-ra, a North Korean defector who is now a beauty YouTuber, shows North Korean cosmetic products, in Seoul. North Korea’s state-run television KRT aired a video about Pyongyang Cosmetics Factory showing a woman replacing Chanel products with domestic products instead. REUTERS/Kim Hong-Ji

North Korea has long regulated its citizens' appearance. Hair dyeing, blue jeans and clothes with writing in English were banned under Kim's father, Kim Jong Il, as the reclusive country tried to keep western influences out. REUTERS/Kim Hong-Ji

Pyongyang Cosmetic Factory shipped its first batch of Unhasu brand cosmetics to a new boutique in Moscow in May, Russian media reported. 'Korean Care', another Russian cosmetics shop selling South Korean products online, started importing North Korean beauty products directly from Pyongyang last year. REUTERS/Kim Hong-Ji

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Barkin says tariffs will start pushing up inflation
Fed's Barkin says tariffs will start pushing up inflation
Jun 26, 2025
NEW YORK (Reuters) -Federal Reserve Bank of Richmond President Thomas Barkin said Thursday tariffs are very likely to push inflation up over coming months, in remarks that said central bank policy is where it needs to be to deal with what lies ahead. I do believe we will see pressure on prices, Barkin said in the text of remarks prepared...
US weekly jobless claims fall but unemployment rolls swelling
US weekly jobless claims fall but unemployment rolls swelling
Jun 26, 2025
WASHINGTON (Reuters) -The number of Americans filing new applications for jobless benefits fell last week, but the unemployment rate could rise in June as more laid off people struggle to find work. Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 236,000 for the week ended June 21, the Labor Department said on Thursday. Economists polled by...
May Chicago Fed National Activity Index Rises Less Than Expected
May Chicago Fed National Activity Index Rises Less Than Expected
Jun 26, 2025
08:42 AM EDT, 06/26/2025 (MT Newswires) -- The Chicago Federal Reserve Bank's monthly National Activity Index rose to a reading of minus 0.28 in May from minus 0.36 in April, compared with expectations for a larger increase to a minus 0.13 reading in a survey compiled by Bloomberg as of 7:45 am ET. The three-month moving average fell to minus...
US Dollar Falls Early Thursday Ahead of Jobless Claims, Gross Domestic Product, Advance Trade Data
US Dollar Falls Early Thursday Ahead of Jobless Claims, Gross Domestic Product, Advance Trade Data
Jun 26, 2025
07:59 AM EDT, 06/26/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Thursday before a busy economic data release schedule as President Donald Trump suggested he will name Federal Reserve Chairman Jerome Powell's successor later this year, well ahead of Powell's expected departure in May 2026. Weekly jobless claims, a third look at Q1 gross...
Copyright 2023-2026 - www.financetom.com All Rights Reserved