Stocks of major South Korean cosmetics and duty-free operators traded higher yesterday amid hopes that China may lift its retaliatory economic measures underway for years against Seoul’s decision to deploy a US anti-missile system there. AmorePacific, the…
South Korean online shoppers still see offline stores as a crucial part of shopping, a recent study has shown. Furthermore, despite the widely held belief that consumers will engage in online shopping during lunch breaks, or before they go to bed, the study…
The overall retail market in India 2018 stood at Rs 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. Retailing in India still predominantly takes place in physical stores and shopping behaviour between urban and rural consumers…
Technology and e-commerce trends are reshaping the global retail industry in profound ways, as the rise of online channels threatens to displace more traditional shopping experiences. However, Korea’s retail sector seems to be thriving in the face of this…
Electric commerce or e-commerce is the activity of buying and selling online. Typical e-commerce transaction includes purchase of online books, music purchase and purchase and sales of many other items. Three known major areas of e-commerce include online…
A Nielsen report shows Korean products have usurped the popularity of Japanese products among young Hong Kong consumers. The report traces the local market’s perception of Japanese and Korean trends to assess which is perceived as being more popular. It shows…
Online shopping is experiencing a growth surge, accounting for close to 20 percent of all retail sales in the first quarter of this year. Retail transactions in the three months to March totaled 96.56 trillion won (US$85.83 billion), a growth of 4.7 percent…
Korean businesses’ quest to step closer to future industries is expected to accelerate in the New Year, regardless of the political scandal, the ongoing investigations into dubious business-political ties and the looming presidential election. The year 2016…
The United States, South Korea, and the United Kingdom ranked as the three countries in the G20 most ready to contribute to and benefit from the IoT, according to IDC. The research firm said the US scored particularly well on measures such as ease of doing…
Samsung Electronics, the world’s largest maker of phones, memory chips and television sets, plans to revamp its authoritarian, top-down corporate culture to become more like a lean startup as it copes with sluggish demand and growing competition. The company…
One in three millennials in Asia are eating at fine dining restaurants at least once a month – more often than those aged over 30. The surprise finding is one of a list of revelations uncovered by a MasterCard survey of Asian dining trends away from home. It…
Focus on the online sales channel, digital initiatives, and revival of its travel retail channel, will be the key drivers for Estee Lauder‘s (NYSE:EL) growth in the future. While travel retail showed tremendous growth in 2014, the slowdown in China and…
Ken Research announced its latest publication on “South Korea Online Retail Market Outlook to 2019” which provides a comprehensive analysis of the retail market in South Korea. The report covers various aspects such as market size of South Korea online retail…
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