Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.
Chipotle Mexican Grill is set to make its Asian debut in 2026, launching new locations in South Korea and Singapore as the fast-casual chain seeks to broaden its international reach amid changing consumer habits in the United States. The California-based…
In a bid to temper the escalating housing market, the South Korean government has stepped in, targeting particularly the vibrant skyline of Seoul and surrounding regions. The surge in property purchases by foreign buyers, especially from mainland China and…
Chipotle, a popular American fast-casual restaurant chain, has announced plans to penetrate the Asian market in the coming year. The expansion will begin in South Korea and Singapore, through a strategic collaboration with SPC Group. Chipotle’s Asian Debut…
Swedish outdoors company Haglofs has launched its premier flagship store in South Korea, leveraging a partnership with local distributor Hayl. The store, situated at the base of Dobongsan National Park, spans 421 square meters and houses the brand’s complete…
SK Telecom has forged a strategic partnership with TimeTree, a burgeoning global platform for schedule sharing, to jointly develop AI agent services that promise to streamline user experience across both platforms. TimeTree’s popular application houses around…
Swedish outdoor apparel company, Haglofs, has inaugurated its premier flagship store in South Korea, in collaboration with local distributor, Hayl. The store is strategically situated at the foot of Dobongsan National Park, encompassing a sprawling space of…
Next year, Chipotle is set to expand its international footprint into Asia, launching its first establishments in South Korea and Singapore. This expansion is facilitated by a partnership with SPC Group. Chipotle Finds Its Ideal Entry Points in Asia Executive…
Iicombined, the parent company of Gentle Monster, continues to expand its unique, experiential retail approach with the opening of its fourth Haus Nowhere location in Seoul. This recent addition to their portfolio further solidifies the company’s commitment…
As South Korea prepares for the much-anticipated return of Chinese tour groups from September 29, retailers are taking proactive measures to welcome them. To cater to these visitors, who will be allowed visa-free entry, a wave of new promotions is on the…
Perfumer H, a prominent fragrance brand originating from the UK and established by Lyn Harris, has recently launched its inaugural store in South Korea, marking a crucial milestone in the brand’s ongoing international expansion efforts. A Strategic Location…
South Korea has taken a significant step forward in its pursuit of leadership in artificial intelligence by unveiling the National AI Strategy Committee. The Ministry of Science and ICT announced that the Cabinet endorsed the committee’s formation during a…
Berjaya Food, a Malaysia-based company, has recently reported a significant increase in losses and a decrease in sales for both their fourth quarter and the entire fiscal year. Berjaya Food, which operates Starbucks Coffee in Malaysia and Brunei, along with…
Chanel, the renowned French luxury brand, has recently launched a duplex store in partnership with Shilla Duty Free at Seoul’s Incheon International Airport. This store, situated in Terminal 2, is a reflection of the brand’s signature style, featuring a…
In a remarkable shift towards digital finance, South Korea’s payment card market—encompassing both point-of-sale (POS) payments and ATM withdrawals—is projected to grow by 3.8%, reaching an impressive $1 trillion (KRW1.4 quadrillion) by 2025, as revealed in a…
Starlink has navigated the final regulatory waters needed for its satellite communication services to make a significant entry into South Korea. The Ministry of Science and ICT, along with the National Radio Research Agency (RRA), confirmed that the…
VAST Data has announced an ambitious partnership with SK Telecom (SKT) to create Korea’s most advanced sovereign artificial intelligence (AI) infrastructure, utilizing the latest NVIDIA Blackwell accelerated computing platform. This collaboration aims to not…
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