Seoul police busted four retailers Monday for selling counterfeit products of luxury brands in Myeongdong, one of the busiest tourist and shopping districts in Seoul. The gang launched operations in April, and has since sold 40-million-won ($36,245) worth of…
Convenience stores in some areas in South Korea are enjoying a boom in sales brought by the latest mobile game craze ‘Pokemon Go’. ‘Pokémon Go’, an augmented reality app developed by Niantic, requires players to walk around and catch creatures called Pokémon…
Indonesia has high hopes of carving out a share of the crowded Korean domestic cafe scene and coffee market. A cafe specialising in artisanal Indonesian coffee is planned to open soon on the Bojeong-dong Cafe Street in Seoul. It will sell ground coffee and…
Galleria Duty Free 63 has been officially opened – and it’s offering more than just duty free products. The new duty free store, located in Seoul’s iconic 63 Building, is operated by Hanwha Galleria, a subsidiary of Hanwha Group. Since its ‘Free Opening’ last…
In an effort to promote the idea of urban beekeeping and to provide information about its environmental benefits, Bolloré Logistics Korea recently sponsored a beehive structure called Honey Factory, in Seoul, South Korea. Currently installed in Seoul…
South Korea’s Oriental Brewery (OB) has opened a pop-up store named MixxTail House at Sinsa-dong’s Garosu-gil in Gangnam. The Oriental Brewery pop-up offers a variety of cultural events and activities that visitors can enjoy while drinking OB’s MixxTail, the…
Managers of Guam’s international airport said they are not concerned with news about bribery investigations involving the parent company of a major retailer. South Korean authorities raided the headquarters and other offices of Lotte Duty Free Guam’s parent…
Tech giant Xiaomi Korea took another step forward in its Korean operations by opening its first offline store in Seoul. The Chinese-headquartered smartphone and electronics brand has opened the store inside the Yongsan Electronics Market, one of the largest…
South Korea’s retail giant Shinsegae Group opened its duty free outlet on Wednesday in downtown Seoul, about six months upon successfully winning a license on a duty -free retail business after repeated failed attempts over the last two decades. Shinsegae…
A massive Seoul underground mall is planned as part of a transit zone that will match Coex Mall in size. One whole level of the development will feature retail and restaurants. Comprising six underground floors, the Gangnam district complex in the south of…
Korea will allow four more duty-free shops to open in Seoul to meet growing demand from Chinese tourists, the government announced Friday. “Four new licenses will be issued for operation in Seoul, while the city of Busan and Gangwon Province will also get one…
Papillon’s Kitchen, a new Seoul insect restaurant has been packed since its opening – and is fully booked for the next few months. Although insects are known to be a great source of protein, and often mentioned as the ‘food of the future’, many consumers…
In a bid to overturn the sluggish growth of traditional brick-and-mortar retail, Lotte Department Store is launching a new type of shopping mall in Seoul, the Lotte El Cube. In a trendy university neighborhood, the relatively small store focuses specifically…
Every floor of the NC Department Store in Jamsil-dong, southern Seoul, was packed with customers frantically digging through piles of clothes and shoes on March 1. The moment an employee set out pairs of Nike sneakers at 50 percent off the retail price, men…
The revamped Shinsegae department store in Gangnam will officially open on Friday. The store’s concept is heavily inspired by the high-end department store chains Le Bon Marche in France and Saks Fifth Avenue in the U.S. The Shinsegae Group, which is Korea’s…
During the Chinese Spring Festival, 6 million Chinese travelled overseas and spent a total of 90 billion ($13.8 billion) yuan on shopping. The products they purchased abroad included expensive luxury items, smart bidets, and electric rice cookers, but…