Passport first, basket second. Generated image. If you buy skincare or makeup in Korea, the shop to know is the multi-brand drugstore, and one chain of them takes more than a fifth of the country's beauty retail sales. Make room for one on your trip. The shop runs on a few rules that a first-timer can actually use. Put your passport in your wallet before you go. At Olive Young's main stores, a foreign shopper who shows a passport and spends 15,000 won or more pays with the VAT already taken off, right at the counter. The word to ask for is jeuksihwangeup (즉시환급), "refunded on the spot." That takes care of the airport refund desk. One kind of shop Korean cosmetics retail has gathered into the multi-brand drugstore, and one chain sits at the centre of it. In the first half of 2026, online and offline beauty retail sales in Korea came to 13.7162 trillion won, and 2.9433 trillion won of that was spent at Olive Young : a 21.5% share, up from 12.2% in 2022. ...
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