Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.
Jeweller Luk Fook Holdings (International) reports a turnround to positive growth in its same-store sales for its third quarter, ended December 31. With a relatively low base, the same-store sales growth for the period recorded a “substantially narrowing…
South Korean internet giant Naver has launched Context Recognition AI (ConA), an artificial intelligence platform that automatically recommends travel destinations overseas. According to Naver, parent of messaging app Line, amongst other things, ConA uses…
Hyundai Department Store Group plans to open a 14,005 sqm duty-free store in the CoEx Convention and Exhibition Center in Samseong-Dong, Seoul, late this year. Hyundai joined rivals Lotte Duty Free and Shinsegae in securing five-year licences last month to…
Apple has confirmed that it plans to open its first South Korea retail store moving into the backyard of its biggest rival for smartphones Samsung Electronics. Apple, which this year celebrates its 10th anniversary of the iPhone said on Friday that it is very…
Australian egg farmers have sent the first shipment of eggs to South Korea, to help ease a major shortage caused by an Avian influenza outbreak. Approximately 30 million birds have been culled to stem the spread of the disease, causing a shortfall of around…
Samsung Malaysia Electronics has launched its first Samsung Experience Store (SES) in Genting Highlands at the Sky Avenue mall, offering a wide range of the Samsung Galaxy mobile phones as well as a variety of wearables. The SES outlet is a one-stop shop that…
Starting Friday, the Visit Korea Committee is holding another round of the “Korea Grand Sale,” one of the major sale events in Korea. The event is set to encourage those with foreign passports in Korea to get more discounts so that they can have a chance to…
Aeon, a Japanese e-commerce group, has launched aeoneshop. The website began its operation on January 1, 2017, mostly distributing the products from Japan and the ones bearing Topvalu, an Aeon’s private band. In Vietnam, nearly 1,000 products bear the brand.…
The Samsung heir is accused of spending corporate funds on under-the-table deals. South Korean prosecutors on Monday sought the arrest of the heir to giant conglomerate Samsung for bribery in connection with a political scandal that has seen President Park…
South Korea’s LG U+ has deployed the nation’s first carrier-grade virtual routing system using technology from Juniper Networks, as part of efforts to prepare its network for the 5G evolution. LG U+ is deploying Juniper Networks’ Ethernet switches and its vMX…
South Korea said on Thursday it has approved Volkswagen’s (VOWG_p.DE) plan to fix 27,000 Tiguan sports utility vehicles to ensure they comply with emissions standards, after previously rejecting the German automaker’s proposals three times. Government tests…
US fast-fashion retailer Forever 21 has launched its activewear collection globally at its stores and on its website. The Forever 21 Activewear Collection provides low-, medium- and high-impact pieces in an array of soft and neon hues. The Fit and Run…
McDonald’s Korea has become mired in a high-profile dispute with a franchisee. The local arm of the US restaurant operator terminated the franchise agreement with McDonald’s Mangwon branch on December 1 of last year. According to McDonald’s, the restaurant…
Food delivery has become more accessible than ever in South Korea. Korea food delivery apps have brought together thousands of restaurants across the country into a single location-based platform, growing significantly over the past few years. According to…
Burberry Korea is under fire for cutting prices “too little, too late”. It’s not the first time Burberry has been criticised for its Asian pricing strategy. Last May, Jack Chuang, a partner with Hong Kong-headquartered OC&C Strategy Consultants, said that of…
Mobile advertising tech company S4M has launched a service to target more than 30 million airport travellers each week. Using enriched geo-localised user behavioural and contextual data, the company wants to help brands boost their presence in 30 global…
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.