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China's Beauty Heavyweight Enters the American Ring

PROYA leads at home. In America, Korean beauty already has a formidable head start. The challenger now has an Ulta corner.

06 NOV 2026 / 2 MIN READ100% HUMAN L.L.C. / NEW YORK

In China, PROYA is a heavyweight. In America, it’s an unfamiliar name entering a crowded ring.

Its latest move: the Chinese skincare company is bringing its Advanced Firming and Original Repair ranges to Ulta Beauty. The August announcement promised a November rollout to 400 American stores. Ulta now lists 16 PROYA products online, six designated for stores as well as online. How many stores have received them is not yet independently established.

And Korea got there first.

$2.19 BILLIONSouth Korean cosmetics exports to the U.S. in 2025, up 15.1% year over year. Source: Ministry of Food and Drug Safety, reported by Yonhap.

In September, Target launched Beauty Studio in more than 600 locations, including Korean brands such as Rom&nd, Purito Seoul and Sungboon Editor. These are not 600 Korean-beauty-only stores; they are part of a broader 90-brand beauty assortment.

The American prize is substantial. Prestige and mass beauty sales totaled $56.3 billion in the first half of 2026, with both segments growing 7%, according to Circana.

PROYA arrives with a real record. Reuters calls it China’s largest homegrown beauty brand by revenue. Chinese-owned beauty brands accounted for 57.4% of their home cosmetics market last year. But PROYA has acknowledged that its American name recognition is close to nonexistent. A domestic title offers no automatic advantage abroad.

It is not the first Chinese contender at Ulta, either. Florasis joined Ulta’s online marketplace in 2025. Its global-markets president told The Business of Fashion that some ornate palettes repeatedly sold out after restocking. That is an encouraging anecdote, not a measurement of nationwide demand for Chinese beauty.

PROYA’s financial record adds pressure: group revenue grew 7.46% in the first nine months of 2026, while profit attributable to shareholders excluding nonrecurring items fell 25.5%. Headline attributable net profit actually rose 22.46%, making a simple “profits are down” claim misleading.

PROYA has secured its American retail opening. Korea has already built a substantial export business there. The contest now moves from distribution announcements to what happens after the first purchase.

Round one is shelf space. Round two is whether shoppers come back.

FULL SOURCE RECORD

SOURCES / VERIFICATION

  1. PROYA official partnership announcement (August 19, 2026).
  2. Ulta PROYA product catalog (Accessed November 6, 2026).
  3. Yonhap, South Korean cosmetics exports (January 9, 2026).
  4. Target Beauty Studio announcement (August 26, 2026).
  5. Circana, first-half 2026 U.S. beauty market (August 11, 2026).
  6. Reuters, Chinese beauty brands' global expansion (October 26, 2026).
  7. The Business of Fashion, C-Beauty's Global Moment Is Now (September 15, 2026).
  8. PROYA Q3 2026 interim results (October 2026).

REPORTING DISTINGUISHES ESTABLISHED FACTS FROM ALLEGATIONS AND INFERENCES.

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