Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.
South Korean fashion retailer Shinwon Corp has launched a joint menswear brand with China’s Golden Eagle Retail Group in a move to advance into China. It is the first such move by a Korean fashion company. Shinwon says the new brand, Mark M, is available in…
Travel booking platform Klook has signed a memorandum of understanding with Korea’s Lotte Duty Free Shop to attract more travelers to South Korea by offering shopping deals. Shopping ranks as the top activity for 67.2 per cent of tourists in Korea, according…
The collaboration of Ports 1961 and Handsome began at multi-brand store “Space MUE,” a celebrity go-to spot catering to the shopping needs of South Korea’s influential entertainment elite. Ports 1961 quickly became a top three selling brand, prompting…
Italian fashion house Max Mara opened its exhibition named “Max Mara, Coats!” at the Dongdaemun Design Plaza in Seoul on 28 November 2017. The brand’s representative product, ‘Coat’, provides a new perspective on their history and tradition. This exhibition…
Burberry held a special event with British illustrator and artist Danny Sangra from 28 to 29 November 2017 to celebrate the new Doodle collection in Cheongdam flagship store, Seoul. ‘Doodle’ means ‘playful graffiti’. The Doodle Collection is a playful…
In a golden first half, jewellery group Luk Fook Holdings (International) saw revenues and profits rise as it continued to expand its retail outlets. As well as a return to growth for same-store sales and a doubling of e-commerce sales, its interim results…
London-headquartered Dalziel & Pow has created AmorePacific’s latest beauty concept store, My Beauty Atelier in Seoul. The design house describes the new store as AmorePacific brand “Aritaum’s “new benchmark for beauty retailing” in South Korea. “It is a…
Japan on Thursday released preliminary October data for industrial production, setting the pace for a busy day in Asia-Pacific economic activity. Industrial output is expected to rise 1.8% on month and 7.2% on year after falling 1.0% on month and gaining 2.6%…
Actors Chu Ja-hyeon and Woo Hyo-kwang, who appeared on SBS entertainment program ‘ Dongsang Imong’ recently, were selected as models of the cosmetics brand Vivlas. Vivlas has a brand philosophy of confident beauty. Vivlas official said “we are looking forward…
E-commerce platform Coupang has opened what it claims is Korea’s largest toy store. While the store specialises in puzzles, it features a catalogue of some 95,000 toys including jigsaw puzzles, 3D puzzles, cast metal puzzles, cubes and fidget toys. Coupang…
Seoul’s giant Goto Mall has partnered with a Korean cryptocurrency exchange to enable its retail tenants to accept bitcoin as payment. The exchange, HTS Coin, launched in October and developed a smart payment system using cryptocurrencies before launching a…
China’s unmanned convenience-store brand BingoBox plans to introduce its cashierless concept to Hong Kong next year, targeting neighbourhoods and suburbs. “With unmanned stores the labour cost is eliminated, making them far more cost-effective, even in…
As Cath Kidston China scales back because of diluted profits, the British handmade accessory chain is rolling out an expansion in other parts of Asia. It’s prime focus is Japan, where it plans to nearly double its presence over the next three years. South…
AmorePacific has opened its new headquarters in Yongsan-gu, Seoul, beginning a new era for the 72-year-old cosmetics maker seeking to become one of the world’s top five “beauty” companies. The completion is expected to facilitate the firm’s Vision 2025 plan…
Construction work on Apple Korea’s first flagship store in Seoul is set to be completed just before Christmas. On a 1300sqm site in fashionable Sinsa-dong, the two-storey Apple Store will feature an exterior glass wall. “The construction work that started in…
The campaign will begin 24 November and continue through to 4 January 2018, as the retailer aims to drive sales over the holiday season and New Year. Around 40 brands including fashion and accessories from Bally, Coach, Vivienne Westwood, Marc Jacobs and Tory…
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