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In the week following the introduction of government-issued consumption vouchers, South Korea’s convenience store chains reported a significant rise in sales. The four major chains – CU, GS25, 7-Eleven, and Emart24 – witnessed an increase of more than 10% in…
Approximately 40% of significant online shopping portals in South Korea utilize proprietary algorithms to order product reviews, but the metrics behind these rankings are not publicly disclosed. This lack of transparency has caused some concerns about…
CJ Foods Oceania, a division of the international CJ Group, has introduced its Bibigo Korean-Style Fried Chicken line, produced and procured locally in Australia. New Korean-Inspired Chicken Range Launched The Bibigo Korean-Style Fried Chicken range boasts…
As South Korea experiences an intense summer marked by unprecedented heatwaves and monsoon downpours, there’s been a noticeable uptick in customers choosing to spend their leisure time indoors. This trend, known as “mallcations,” is resulting in a significant…
South Korean eyewear brand, Gentle Monster, is poised to make its debut in Canada with a flagship store set to open later this year at the Yorkdale Shopping Centre in Toronto. The store, which will span over 5,300 square feet, is located in the luxury wing of…
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…
Hyundai Card Co. Ltd., a pioneer in the South Korean fintech space, is steering its global ambitions with a sharp focus on data science, dedicating over 30% of its annual operating income to enhance its capabilities in this arena. The company is not just…
In a striking shift within South Korea’s banking landscape, deposits and household loans surged in June 2025, surpassing previous month’s figures, according to the latest data released by the Bank of Korea (BOK). This trend reflects an increasing consumer…
Bunjang, South Korea’s leading C2C secondhand marketplace platform, reaffirmed its commitment to Singapore as a strategic growth engine in its broader Asia strategy. The company is launching targeted marketing efforts for Singapore users via Global Bunjang –…
In June, Louis Vuitton Korea experienced a systems breach that resulted in the exposure of certain customer data, including contact information. However, the company’s South Korean division clarified last Friday that the breach did not compromise customers’…
The United States is on the verge of finalizing a series of trade agreements, with higher tariff rates set to be communicated to various countries by July 9, as announced by President Donald Trump on Sunday. These new tariffs are scheduled to come into effect…
South Korea’s retail sector demonstrated remarkable resilience in May 2025, achieving a 7% year-on-year growth, spurred primarily by an ongoing boom in online sales. Data from the Ministry of Trade, Industry and Energy (MOTIE) revealed that this robust…
In a decisive move to bolster public confidence and enhance its cybersecurity measures, SK Telecom has unveiled a substantial KRW 700 billion (approximately USD 500 million) investment plan. This initiative comes on the heels of a significant cybersecurity…
In a bold move that underscores its commitment to innovation, Kolmar Korea is cementing its foothold in the global skincare arena by harnessing the power of traditional Korean ingredients. The rising tide of consumer interest in natural, ingredient-centric…
In a striking move that underlines its ambition to reshape the retail landscape in Asia, IKEA has announced plans to establish a significant new presence in South Korea. Following the successful unveiling of its first store in 2004, the Swedish furniture…
Southeast Asia’s blind box obsession is now mainstream, and POP MART is at the heart of it, fuelling demand with exclusive IPs, sought-after collectibles and even real-life fan events. The global designer toy brand, best known for turning characters like…
