British denim and apparel brand Superdry announced it has sold its brand in the Asia-Pacific region to South Korean company, Cowell Fashion Company.…
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Gabriela Hearst expands in South Korea with second Seoul location
American designer brand Gabriela Hearst announced on March 14 the opening of its second retail residence in South Korea, as part of a partnership with Handsome Corp, a fashion unit of local major reta…
Korea, Australia and Hong Kong retail sales lift in January
Retail sales in both South Korea and Australia lifted for the month of January, as the APAC nations saw consumers ramp up their post-Christmas spending in their respective markets during the opening m…
Hong Kong, Singapore, Korea retail sales all lift in December
Retail sales in Hong Kong, Singapore and South Korea lifted by single digits, respectively, for the month of December, as consumers in each Asian market spent more during the holiday period.…
Korea’s LBG inks luxury joint venture with Cambodia’s WorldBridge
South Korea’s Luxury Business Group (LBG) announced on January 27 a new partnership with Cambodia’s WorldBridge Group — a joint venture that will give luxury retail professionals in …
Thom Browne opens South Korea subsidiary
Zegna Group, the owner of the Thom Browne brand, announced it has reached an agreement with its Korean partner of 12 years, Samsung C&T Corporation, which will see Thom Browne […]…
Payment cards dominate South Korea e-commerce market
Payment cards were most preferred payment tool for e-commerce purchases in South Korea and accounted for 60.9 percent of payments made for online purchases in 2022, reveals the financial services cons…
South Korea makeup market to grow 5.5 percent CAGR through 2026
The South Korean makeup market is projected to rise to KRW2,827.8 million (USD 2.5 billion) by 2026, registering a compound annual growth rate (CAGR) of 5.5% over 2021–26, said GlobalData.…
Shinsegae inks distribution deal with Laura Mercier in South Korea
French beauty brand Laura Mercier has inked an agreement with Shinsegae International, for the distribution of its cosmetics and skincare in South Korea. SEE ALSO: Indian conglomerate Tata plans to op…
Popeyes reopens in South Korea
U.S. fast food chain Popeyes is returning to South Korea market, opening its first branch in Gangnam District, Seoul, on December 16. SEE ALSO: Jimmy Choo-themed cafe debuts in Seoul Fishery […]…