Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.
TVXQ ‘Yunho (Jeong Yun-ho)’ was selected as the first solo male cosmetics brand model. UL-OS, a male total skin care brand in Otsuka Pharmaceutical Korea, announced on that the brand selected Yunho, the leader of group Dong Bang Shin Ki (TVXQ). An UL-OS…
After launching in France last year, South Korean cosmetics company Amorepacific aims to introduce one of its luxury brands in Britain this year and in Germany next year. It began selling its luxury Sulwhasoo brand of creams and other cosmetic products in…
South Korea’s Hyundai Motor and Kia Motors on Tuesday flagged only modest sales growth in 2018, suggesting a slow recovery from a slump linked to their lack of SUVs in the United States and diplomatic tensions with China. Hyundai and smaller affiliate Kia,…
In mid-September, China’s central bank, the People’s Bank of China (PBOC), told virtual currency trading platforms based in Beijing and Shanghai to cease market operations. Authorities also clamped down on ethereum and any other electronic units that are…
According to a state-run think tank Sunday, the economy of South Korea is preserving a decent growth rate while private spending is picking up, reaching a compensation for a hold up in corporate investment. In its monthly assessment of economic conditions,…
The casino at the Jeju Shinhwa World resort on South Korea’s Jeju Island has pushed back its opening date yet again, with officials this time citing a delay in the transfer of a casino license from another gaming facility. Jeju Shinhwa World has opened many…
As anticipated, the ‘record-breaking’ figure surpasses the $2bn registered in 2016. The result places Incheon ahead of Dubai Duty Free, which recently reported duty free sales of $1.93bn in 2017. Many had viewed the THAAD crisis and security issues…
South Korea’s cosmetics industry is looking to regain growth in 2018 after taking a big hit from China’s retaliation against Seoul over a missile row in 2017. In March 2017, China banned sales of group tours to South Korea in retaliation against Seoul’s…
Kakao Friends is holding a second exhibition at the “Kakao Friends Concept Museum” in Hongdae, Seoul from 15 December 2017 to 27 May 2018. This exhibition is dedicated to the cultural icon Kakao Friends which represents modern times. Kakao Friends’ second…
Vietnam’s eighth Hurom Juice Cafe has opened in the central coastal city of Danang. Close to the tourism hotspot My Khe Beach, the cafe serves Korean desserts, tropical fruit bingsu (ice flakes), paninis, sandwiches and brunch as well as juices. A second…
MCM offers a harmony of art and fashion, introducing works of art and artists. MCM starts art activities in ‘MCM House’ store, Hongdae ‘MCM Popup’ store located in Hongdae youth street in Mapo-gu, and other flagship stores in Seoul. All activities take…
Samsung C & T’s womenswear “KUHO” showcases the exhibition and collaboration line “Artisan” with Doha, a furniture designer to build its image of a lifestyle brand. Ham-Doha Collaboration is held under the theme of “Sentiment” in the showroom on the second…
Sulwhasoo, a brand of AMOREPACIFIC, selected Song Hye-kyo, Asia’s leading actress, as its brand ambassador. Song Hye-gyo will play a role in delivering the story of the brand to customers through various global campaigns of Sulwhasoo. Song Hye-kyo is a Korean…
The Olive Young Myeongdong flagship store reopened in December to celebrate the 5th anniversary of its opening, offering customers a unique and personalized shopping experience. The store presents a different experience on each floor. The first floor is a…
B. by BANILA has opened a flagship store at COEX Mall in Starfield, Seoul, Korea. B. by BANILA flagship store, located on the first floor of the COEX Mall in Starfield, is the first concept store for Banilaco’s new make-up brand ‘B. by BANILA’. B. by BANILA…
Last year was “a year to forget” for the South Korean fashion industry according to the Samsung Fashion Institute (SFI) which blamed a depressed economy for slow sales and shrinking margins. After peaking in 2013, fashion goods’ share of the total retail…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.