Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) Hanah Choi Journalist = South Korea cosmetic brand Tonymoly sets on occupying the middle eastern market by recently opening two shops in a row in Saudi Arabia.

On December 24, Tonymoly opened its first shop in Andalus Mall, the largest shopping mall in Jeddah, main commercial city and the second largest city in Saudi and launched a second shop in new large shopping mall in Riyadh after 3 days.

Tonymoly plans to expand in the middle eastern market from Saudi as the center.
First, on coming March the firm will open the third and the fourth shops in Al-Qasar mall in Riyadh and in Al-Batin mall in Hafar al batin on March and will add open the fifth,sixth shops in Saudi by the first half of this year.

Also the firm aims at opening 50 shops in GCC(Gulf Cooperation Council) member nations by 2018, starting from locating in cosmetic complex shop, Sephora in Kuwait, Oman ,Bahrain, Qatar, and the United Arab Emirates, Saudi Arabia, member countries of GCC.

NSP News Agency/NSP TV Hanah Choi Journalist, hana1914@nspna.com
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