Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.
Damiani, the esteemed Italian jewellery manufacturer, has proudly unrolled its first flagship store in South Korea. This exciting new venture is nestled in the bustling Gangnam District of Seoul. The Essence of Casa Damiani Seoul The boutique, christened Casa…
South Korean fashion and lifestyle company, Musinsa, is said to be currently in discussions to obtain the local distribution rights for Hoka, a well-known performance footwear brand. The talks are reportedly taking place with Deckers Outdoor Corporation, the…
Two prominent American investors in South Korean e-commerce giant, Coupang Inc., have lodged formal complaints with the US government. They are seeking an investigation into what they perceive as prejudiced actions by the South Korean government against the…
Amouage, a luxury fragrance house, has made its inaugural entry into the South Korean market with the establishment of its first pop-up boutique in Seoul. This marks a major step in the company’s broader growth strategy across Asia. Strategically Located…
The franchise industry in South Korea is preparing for potentially significant legal and financial repercussions following a recent Supreme Court of Korea mandate. The court has ordered Pizza Hut Korea to reimburse billions of won in illicitly charged fees to…
Salady, a popular salad chain from Korea, has recently inaugurated its first outlet in the Philippines. This strategic move was made possible through a master franchise agreement with a local partner, Palette Passion Inc. Salady has opted for a franchise-led…
South Korea’s multipurpose practical satellite, Arirang 6, has experienced another postponement in its launch schedule, further emphasizing the nation’s dependence on foreign launch services and the consequential lack of control over scheduling. The Korean…
SK Telecom has launched ‘A.X K1’, the first hyperscale artificial intelligence (AI) model in South Korea with an impressive 519 billion parameters. This ambitious project is aimed at helping the country emerge as a major global player in the AI arena,…
Tourists visiting South Korea are increasingly opting for value-driven shopping experiences that align with their personal preferences, marking a departure from the previously popular high-end, large-scale purchases. This shift in consumer behaviour has been…
CJ Olive Young, a prominent beauty chain in South Korea, has plans to roll out Olive Better, a wellness-oriented retail concept, in January. Olive Better’s Debut The initial Olive Better branch will be located in Gwanghwamun, a critical business hub in the…
Iicombined, a Korean lifestyle conglomerate, has broadened its retail footprint by launching its multi-brand initiative, Haus Nowhere, in Bangkok, Thailand. Situated on IconSiam’s M floor, the store introduces two major brand flagships. One is the inaugural…
In light of a severe data breach, one of the most significant in South Korea’s history, Coupang Corp’s CEO, Park Dae-jun, has resigned. The cyberattack exposed the personal details of approximately 33.7 million customers, including their names, email…
SpaceX’s Starlink has officially extended its services to South Korea, building upon its global Low Earth Orbit (LEO) satellite system. This expansion has positioned it as a crucial facilitator of consistent connectivity for South Korea’s maritime, aviation,…
Lego has inaugurated its biggest retail outlet in Yongsan, Seoul, South Korea, with an objective to increase its attractiveness for millennial and Generation Z consumers. Store Overview The flagship location spans an expansive 396 square meters and showcases…
Mega MGC Coffee, a prominent coffee chain, has proudly announced the opening of its 4000th outlet in South Korea. This new store is situated at Ilsan Lake Park in Goyang, Gyeonggi province. The achievement marks a decade since the brand set up its initial…
La Maison du Chocolat, a renowned French luxury chocolatier, is expanding its presence in South Korea, launching a new pop-up boutique in the central Seoul location of the Lotte Department Store Main B1. Expanding Partnership with Bluebell Korea This latest…
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