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South Korean yogurt chain, Yoajung, has officially launched its first store in Singapore, located on the bustling Orchard Road’s Scape. Yoajung, established in 2021, has seen rapid expansion in its short existence. The brand currently boasts over 650 branches…
Musinsa, a fashion retailer from South Korea, has recently expanded its operations into China, thanks to a collaboration with Anta Sports. By creating a joint venture known as Musinsa China, the two companies aim to stimulate growth in both online and…
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…
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 apparel company F&F Co announced on Monday that it had engaged Goldman Sachs as its advisor on the prospective purchase of TaylorMade. The company also stated that it would pursue legal action if the current owner of TaylorMade proceeds with an…
As gold prices continue to rise, South Korean jewelry brands are increasingly leveraging lower-karat gold and alternative materials to attract younger, budget-aware customers. Market Shift to More Affordable Options The market, which has traditionally been…
MBK Partners, a private equity firm primarily operating in Northeast Asia, recently announced plans to sell its struggling South Korean supermarket chain, Homeplus. This move aims to prevent the retailer from going under. In an attempt to keep the firm afloat…
Increasingly, consumers in South Korea are choosing eco-friendly agricultural products, but a key obstacle to wider adoption remains: high prices. This was revealed in a recent government survey. The Ministry of Agriculture, Food and Rural Affairs disclosed…
Following their impressive online achievements in the US, South Korean cosmetic start-ups are seeking to strengthen their physical presence in the world’s largest consumer market. These brands, including Tirtir, D’alba, Torriden and Beauty of Joseon, are…
The initial quarter of 2025 has proven challenging for South Korea’s department store sector due to a slow down in local consumption that has greatly affected sales and profits. Lotte Department Store stood as the exception, recording a significant growth in…
The market share of Korean auto brands Hyundai and its subsidiary Kia increased from 18 percent in 2017 to over 30 percent last year. Hyundai continued to lead the market with sales of 70,518 units, though down 13.3 percent from the previous year. Japan’s…
Coronavirus self-test kits became available in supermarkets and convenience stores across the country Thursday as South Korea is seeking to step up its testing capacity with no letup of new virus cases insight. Self-test kits by two local drugmakers – Humasis…
South Korean restaurant chains are accusing the government of using “discriminatory countermeasures” in the fight against the coronavirus pandemic. Recent edicts to prevent the spread of the latest outbreak in the country have seen the closure of buffet and…
South Koreans are spending more at Chinese online stores, according to credit-card spending data. Purchase records from November 1-26, compiled by the big data centre at Shinhan Card, showed a 9.8 per cent increase from last year in the value of goods bought…
Singaporeans, Taiwanese and South Koreans will be capable of purchase the Apple Watch from later this month. “The response to Apple Watch has surpassed our expectations in each approach, and we’re thrilled to convey it to extra clients around the globe,”…
Korean cosmetics products are expanding their presence in China on the back of the ‘Korean Wave’. Korea is the second biggest source of cosmetics sold in Asia’s second-largest, but fastest growing beauty market, according to data out this week. Out of $686.2…
