Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.
Following their impressive online achievements in the US, South Korean cosmetic start-ups are seeking to strengthen their physical presence in the world’s largest consumer market. These brands, including Tirtir, D’alba, Torriden and Beauty of Joseon, are…
In the past three years, South Korea has seen a significant 30% increase in expenditures on pet care services and products. The most noteworthy growth is seen amongst consumers who are 60 years of age or older, a new report reveals. Analysis of Pet Spending…
In an ambitious move to expand its culinary footprint, South Korea’s CJ Foods has announced a significant investment of approximately $73 million (KRW 100 billion) to establish a new mandu (Korean dumpling) factory in Chiba Prefecture, Japan. This…
Malaysians are savoring their culinary delights, with average annual food-at-home expenses hitting a notable US$1,940 per person in 2023, according to the U.S. Department of Agriculture (USDA). Following closely behind, Singaporeans spend about $1,831 per…
Despite the challenging market conditions brought on by rising inflation and supply chain issues, retail giant Walmart continues to show stellar financial performance. In its latest quarterly report, the company announced a surprising 8% increase in revenue,…
The K-Beauty industry is experiencing a notable resurgence, with startups raising an impressive $4.9 million in funding during the first four months of 2025, as reported by Tracxn. This revival can largely be credited to the sector’s renowned high-quality…
The initial quarter of 2025 has proven challenging for South Korea’s department store sector due to a slow down in local consumption that has greatly affected sales and profits. Lotte Department Store stood as the exception, recording a significant growth in…
In an innovative stride toward personalized beauty services, CJ Olive Young is set to dramatically expand its self-operated skin analyser machines across South Korea. By the end of 2025, the popular health and beauty retailer plans to install approximately…
IKEA Expands Footprint in South Korea with New Mixed-Use Store Dive into IKEA’s latest venture in Seoul as the global home furnishings giant enhances its local presence in a rapidly evolving retail landscape. A Strategic Investment in South Korea IKEA has…
JD Logistics, a pivotal division of JD.com—China’s retail behemoth—has announced the launch of two state-of-the-art logistics centers in Icheon and Incheon, marking a significant entry into South Korea’s logistics market. The centers will offer enhanced…
The mobile carrier reported that the breach occurred due to malicious code infiltrating its systems. While the exact scope and nature of the data leak are still under investigation, the company stated it took immediate steps to report the incident to the…
In Seoul’s trendy Gangnam district, Swedish apparel label J Lindeberg has opened its largest store yet, a five-storey flagship. The concept store is inspired by the rhythm of golf and each floor showcases the company’s apparel as if navigating a golf course.…
Zara, the Spanish fashion giant, is set to open its first Zacaffe location in South Korea this May, launching inside the brand’s newly renovated flagship store in Myeong-dong, Seoul. The move reflects a growing trend among global fashion brands incorporating…
South Korean conglomerates, including SK Group, Samsung, and LG, are expanding their investments in Vietnam, focusing on energy, high-tech manufacturing, and sustainable development. SK Group, the second-largest conglomerate in the country, has planned to…
Swedish plant-based alt-milk producer Oatly has partnered with the convenience store chain Circle K to introduce its Barista Edition beverage across stores in Estonia, Lithuania, and Latvia. The Oatly Barista Edition is a plant-based, dairy-free alternative…
Korean sandwich brand Eggdrop has opened its first store in the Philippines, located in the SM Mall of Asia. The brand is known for making egg sandwiches using brioche buns, organic eggs, and other fresh ingredients. Some of its signature offerings are Garlic…
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