Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.
Lotte Duty Free submitted a report to the Fair Trade Commission regarding its rent feud with Incheon International Airport, according to the leading duty-free operator. Korea’s largest duty-free operator and airport have gone through four unsuccessful…
Leading French luxury beauty brand LANCÔME Travel Retail Asia Pacific is delighted to announce the launch of a global campaign, ‘Declaring Happiness’, which will be celebrated through a series of brand events across Asia. In line with the global direction to…
US-based bakery chain Cinnabon has returned to Korea with an outlet at Hyundai Department Store in Seoul. The menu includes Cinnabon Classic Rolls, Cinnabon Caramel Pecan, Minibon, and drinks such as Single Origin Coffee, three Coldbrew Ice Coffees, four…
Third-quarter sales for apparel retailer Giordano International have been edging ahead in most markets, an exception being South Korea, a 48.5 per cent JV with an independent management team. While e-commerce sales jumped by 17.6 per cent in Mainland China,…
US brand Blue Bottle Coffee is expected to open in South Korea soon, followed by other Asian countries including China, Hong Kong and Taiwan. “We’re developing our contact here,” CEO Bryan Meehan said while attending the World Coffee Leaders Forum at the…
SK Telecom has reported a 4.7% year-on-year increase in revenue for the third quarter to 4.44 trillion won ($3.99 billion), on the back of a solid performance across the operator’s core segments. Net profit surged 146.2% year-on-year to 793 billion won due to…
Samsung Electronics profit nearly doubled in the third-quarter, mainly led by strong returns from its chip business amid an industry-wide boom. And it had a helping hand from rival Apple, for whom it makes screen for the iPhone X. Samsung Electronics profit…
Dairy Queen Korea is about to make its debut. The fast food chain will open a DQ Grill and Chill store in Seoul’s theatre district, Daehangno. The American restaurant chain, famous for its Blizzards – McFlurry-esque ice cream treats that don’t drip even when…
Mercedes-Benz has successfully defended its dominance as the largest foreign car seller in the Korean imported car market for four straight months in September 2017. But, the BMW 520d has held the lead as the best-selling model for two consecutive months…
SK Telecom has unveiled a self-developed Wi-Fi technology capable of delivering speeds of up to 4.8Gbps. The Wi-Fi technology and access point is based on the new IEEE 802.11ax standard. It can deliver speeds nearly four times faster than the 1.3Gbps…
ollowing complains of children falling ill, investigators have raided the Seoul office of McDonald’s Korea. It is alleged the youngsters had eaten undercooked hamburger patties, reports Yonhap News Agency. Seoul central district prosecutors’ office has seized…
SK Telecom is expanding the use of its AI-assisted network operation system TANGO to all its telecommunications networks. The operator has already been using TANGO (the T advanced next generation operational supporting system) to help manage its fixed line…
Chocolate wafer snack Kit Kat is to have a flagship store in Seoul, being launched by Nestle Japan in co-operation with Nestle Korea. The Swedish snack company’s Japanese branch is known for its exclusive “chocolatory”, which offers special flavours and…
ZTE has revealed it expects to report a solid 36.6% growth in net profit for the first nine months of 2017, with its results bolstered by growth in its carrier networks and consumer businesses. The Chinese vendor has published preliminary results [PDF]…
Filipino tech company Star Telecom Alliance Resources, the group behind Starmobile, is expanding its retail distribution to include sari-sari stores and loading stations. For its initial phase, just launched, Starmobile feature phones have been made available…
FedEx Express has revealed it will double the size of its air cargo handling facility at Incheon International Airport as it looks to cater for rising volumes in South Korea. Establishing a new cargo facility at Incheon International Airport is a strategic…
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