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On Running, a sportswear brand, has recently launched an automated factory in Busan, South Korea where robots are used to manufacture running shoes. The company expresses its intent to establish more such factories in the United States and Europe to…
After operating for six successful years, Jinjja Chicken, a well-known fried chicken chain, has closed its shop located in Changi Airport. However, the brand hinted at a potential opening of a new outlet. Thanking the Loyal Customers In an announcement made…
Jollibee Foods Corporation (JFC), a dominant player in the food service industry, is poised to strengthen its position in Asia through the acquisition of a South Korean hot pot buffet brand, Shabu All Day, and the anticipated introduction of a rapidly-growing…
South Korean investment firm, The Venture, has recently acquired the majority shares of Chicken Plus’ business operations in Vietnam. This is part of their overseas investment project fund. Chicken Plus: An Expanding Brand Chicken Plus, a renowned fried…
South Korean coffee powerhouse, The Venti, has recently entered into a strategic master franchising agreement with JKT Networks. This strategic partnership aims at further expanding The Venti’s presence into the Middle Eastern market. First Steps Into the…
Renowned Canadian coffee company, Tim Hortons, is ramping up its efforts to establish a stronger operational presence in South Korea. The firm’s objective is to more than double its store tally to a total of 50 locations within this calendar year. This…
Damiani, the esteemed Italian jewellery manufacturer, has proudly unrolled its first flagship store in South Korea. This exciting new venture is nestled in the bustling Gangnam District of Seoul. The Essence of Casa Damiani Seoul The boutique, christened Casa…
South Korean fashion and lifestyle company, Musinsa, is said to be currently in discussions to obtain the local distribution rights for Hoka, a well-known performance footwear brand. The talks are reportedly taking place with Deckers Outdoor Corporation, the…
Two prominent American investors in South Korean e-commerce giant, Coupang Inc., have lodged formal complaints with the US government. They are seeking an investigation into what they perceive as prejudiced actions by the South Korean government against the…
Amouage, a luxury fragrance house, has made its inaugural entry into the South Korean market with the establishment of its first pop-up boutique in Seoul. This marks a major step in the company’s broader growth strategy across Asia. Strategically Located…
The franchise industry in South Korea is preparing for potentially significant legal and financial repercussions following a recent Supreme Court of Korea mandate. The court has ordered Pizza Hut Korea to reimburse billions of won in illicitly charged fees to…
Salady, a popular salad chain from Korea, has recently inaugurated its first outlet in the Philippines. This strategic move was made possible through a master franchise agreement with a local partner, Palette Passion Inc. Salady has opted for a franchise-led…
South Korea’s multipurpose practical satellite, Arirang 6, has experienced another postponement in its launch schedule, further emphasizing the nation’s dependence on foreign launch services and the consequential lack of control over scheduling. The Korean…
SK Telecom has launched ‘A.X K1’, the first hyperscale artificial intelligence (AI) model in South Korea with an impressive 519 billion parameters. This ambitious project is aimed at helping the country emerge as a major global player in the AI arena,…
Tourists visiting South Korea are increasingly opting for value-driven shopping experiences that align with their personal preferences, marking a departure from the previously popular high-end, large-scale purchases. This shift in consumer behaviour has been…
CJ Olive Young, a prominent beauty chain in South Korea, has plans to roll out Olive Better, a wellness-oriented retail concept, in January. Olive Better’s Debut The initial Olive Better branch will be located in Gwanghwamun, a critical business hub in the…
