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Korea Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.

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13 Sept 2018

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Latest Korea retail stories

mulberry callice asia
Sarah ChenFashion

Mulberry thinks big in South Korea with Seoul show

Mulberry has set its sights firmly on Seoul and South Korea. After Tommy Hilfiger’s show in Shanghai, it is now the turn of the British luxury leather goods label to tread the catwalks in Asia. For four days, Mulberry will be staging a series of events in the…

lv 770x464
Rajiv MenonFashion

Korean culture inspires Louis Vuitton

Stylist Seo Young-hee has designed a special edition trunk for Louis Vuitton, influenced by Korea’s traditional marriage culture. Seo, who worked as a stylist for Vogue Korea before switching to work as an artistic director of fashion on a project basis, is…

brooks
Sarah ChenFashion

Brooks Running arrives in South Korea

South Korean fashion retailing group Samsung C&T has announced plans to sell Brooks Running products under exclusive contract. The Seattle-based sports apparel label occupies a large share of the American running gear market and is one of the top three…

hyundai
Rajiv MenonAutomotive

India is Hyundai’s land of opportunity

Hyundai Motor is still working hard to woo Indian consumers as the world’s second-most populous country emerges as one of the fastest growing markets in the global auto industry. Hyundai Motor Vice Chairman Chung Eui-sun made a speech at the first Move Global…

retail asia
Minjun ParkFashion

Shinsegae opens Show&Tell stores for men

South Korean retail conglomerate Shinsegae has launched a lifestyle editorial shop for men. The “Show&Tell” store opened in two Shinsegae locations; one at the Starfield luxury shopping complex in Hanam, and the other as an outlet in Yeoju city. Described as…

ubereats
Rajiv MenonE-Tailing

Uber Eats aims to boost presence with CJ deal

U.S. food delivery app Uber Eats said Wednesday that it has signed a partnership with Korean food service company CJ Foodville in the latest move to boost its presence in the country’s growing food delivery market. Uber Eats said major CJ Foodville brands,…

LG Electronics
Maria SantosElectronics

LG vows to invest more in Austrian affiliate ZKW

LG Electronics said Friday it will continue to invest more in Austrian automotive lighting system firm ZKW Group, which was purchased by the South Korean company earlier this year. In April, LG Electronics bought a 70 percent stake in ZKW, with the holding…

asiana
Sarah ChenLiving

Asiana Airlines Korea appointed new president

Kumho Asiana Group announced a personnel shift on Friday, with Han Chang-soo, head of Asiana IDT, an information and communication technology unit of the airliner group, being appointed as the new president of Asiana Airlines. Park Se-chang, a…

ecommerce online shopper
Rajiv MenonE-Tailing

Purchases made online with phones hit record in July

Purchases made using the internet and mobile devices in Korea reached an all-time high in July, government data showed Wednesday, demonstrating the popularity of smartphones, fast delivery and convenient payment options offered to local shoppers. The total…

hm
Rajiv MenonLiving

H&M to open first hypermarket store in S. Korea

Swedish fashion label H&M is launching an outlet at the Homeplus Bucheon hypermarket in South Korea. The brand’s 29th Korean store, located to the West of Seoul, will open on September 20 and is its first hypermarket venture in the territory. The company’s…

online shopping
Wei ZhangFashion

Anais and Greygrei to make China debut

Korean clothing brands Anais and Greygrei are set to enter the Chinese market under Korean young-casual clothing firm Maison de Anais. The label, which successfully launched in northern Europe earlier this year, will target the late 20’s to late 30’s…

korea export
Minjun ParkFinance

August Korea exports reach record, pass $50 billion

Korea exported more than $50 billion of goods in August despite fears of a global trade war, but experts continue to worry about the overreliance on a handful of popular products. According to data from the Ministry of Trade, Industry and Energy released over…

31203153
Rajiv MenonElectronics

Samsung, LG show off hottest gadgets at IFA

The 2018 IFA, the biggest trade show in Europe for electronic appliances, kicked off Friday with a lot of buzz about connected homes, artificial intelligence (AI) and televisions with extraordinary resolution. IFA is a “place for many different industries –…

samsung galaxy s7
Rajiv MenonElectronics

Owners say Galaxy S7s are suffering ‘boot loop’

Some users of Samsung Electronics’ Galaxy S7 smartphones are claiming their phones are suffering from boot loop – the phone continues to turn itself on and off – and other malfunctions after a recent upgrade to the operating system, according to industry…

ikea online
Maria SantosE-Tailing

IKEA Korea to start Online Sales this Saturday

IKEA Korea will open an online mall, on September 1, in line with its Swedish headquarters’ efforts to increase its online sales worldwide, the global home furnishing company‘s local subsidiary said. “We will officially launch our e-commerce channel September…

Robot Japan
Minjun ParkFood

Robots start serving Korea’s customers

On the 31st floor of Lotte World Tower in Jamsil, southern Seoul, a polar bear-shaped robot is reading customers’ palms instead of their credit cards to take their payments. The robot can also answer simple questions and make different 3D faces, depending on…

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