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The renowned brand, Hermes, has recently reopened its enlarged boutique in the high-end shopping zone, Apgujeong Rodeo, within Seoul’s Galleria department store. This area is famously known as a luxury buying hub in the Gangnam district. Design and Aesthetics…
The South Korea-based conglomerate, Hanwha Group, is reported to be contemplating the sale of FG Korea, the operator of the American burger franchise Five Guys in South Korea. FG Korea and Hanwha Group FG Korea functions as a fully-owned subsidiary of Hanwha…
Hanwha Group has been striving to make the solar business its future growth engine since it first entered the industry in 2010, and that hard work is starting to pay off. Hanwha Q Cells, the group’s solar cell producer, is now one of the largest manufacturers…
SK Telecom, Korea’s top mobile carrier, and Hyundai Motor will jointly enter the insurance business, partnering with Hanwha General Insurance to bring their technology expertise to the industry. The Financial Services Commission (FSC), the country’s top…
The Parisian luxury accessories retailer Faure Le Page will open its first store in South Korea next month. The Faure Le Page store will be the fashion house’s eighth brick-and-mortar store globally when it opens at Hanwha’s Galleria Department Store in…
Korean duty-free stores newly opened in Seoul are losing money as heavy marketing costs erode profits. A review of financial documents from the major players show heavy competition is taking its toll on all players. Five duty-frees stores opened new shops in…
Hanwha Galleria, the retail unit of South Korean conglomerate Hanwha, says it will partially open its first duty-free store in downtown Seoul next week. About 60 per cent of the trading floor of the new store, located at the base of the gold-tinted 63 City…
