Haircare Business Booms as Stressed Koreans Go Bald The market for haircare products is growing rapidly as over 10 million people suffer from hair loss. From wigs to potions that claim to make hair grow back, the industry is raking in the money. Beauty product manufacturers, supermarkets and department stores are scrambling to benefit from the emerging market. Hi-Mo, the nation's leading wig manufacturer, posted sales of W66.7 billion last year (US$1=W1,161). Although wigs are expensive, costing between W200,000 and W1.8 million, the company is seeing increasing demand. Cosmetics giant Amore Pacific released a series of new haircare products this...