Korean Air, Korea’s biggest carrier, said it will sign a deal soon to sell its in-flight catering and duty-free business to a homegrown private equity fund amid the growing impact of the coronav…
Korean Air, Korea’s biggest carrier, said it will sign a deal soon to sell its in-flight catering and duty-free business to a homegrown private equity fund amid the growing impact of the coronav…
The instant noodle market in South Korea recorded all-time high sales of US$952.2 million in the first half of this year, largely affected by the COVID-19 pandemic, data showed.…
South Korea’s domestic airlines are facing increasing concerns that the airline industry’s financial crisis could worsen as the second wave of COVID-19 infections spreads quickly around So…
Hyundai Department Store Group decided to acquire SK Bioland, a cosmetics firm under SK Group, expanding its beauty and health care business.…
It did not take too long for Chanel to set aside its own policy and join others to sell cosmetics online.…
According to the Statistics Korea report, industrial output, consumer spending and corporate investment in June significantly improved.…
Amorepacific Group’s profit plummeted in the second quarter as sales at offline stores, including duty-free shops, suffered as a result of the pandemic.…
Japanese fashion retailer Uniqlo said it will close nine of its stores in South Korea next month amid a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul…
Audi Korea will launch more eco-friendly vehicles in Korea in the future, aiming to have nearly 40 percent of its sales dedicated to electric vehicles (EV) including hybrid and plug-in hybrid models b…
Foreigners who traveled to South Korea last year to consume K-pop goods and content were estimated to have spent $1,007 on average, according to a report.…