SPC Group opened its 14th Shake Shack restaurant in Korea at Galleria Time World in Daejeon on 20th November.…
Shinsegae announces financial results
Shinsegae Inc. said that its net earnings plunged 98.4 percent in the third quarter from a year earlier, as its duty-free revenue continued to slump amid the new coronavirus pandemic.…
Amorepacific appoints new president
Amorepacific announced the appointment of Kim Seung-Hwan as its new president on 19th November, in a major post-COVID-19 shakeup following lackluster sales this year.…
Naver and Kakao launch their own live commerce service
With online shopping booming in Korea, IT companies are scrambling to launch their own live commerce services as they look for new ways to attract more customers.…
Amorepacific signs partnership with China Duty Free Group
Amorepacific said it signed a strategic partnership with China Duty Free Group (CDFG) to strengthen its global presence.…
Shinsegae Group opens Starfield
South Korea’s retail giant Shinsegae Group opened a new mega shopping mall complex Starfield in Korea despite the growing demand for non face-to-face shopping trend.…
8seconds collaborates with young artists for new collections
The fast fashion brand 8seconds is collaborating with more young artists to attract Millennials and Generation Z.…
How did Korea’s wine business do this year?
South Korea’s wine imports rose more than 9 percent in the first eight months of the year as more people enjoyed drinking at home and alone due to the coronavirus outbreak, data showed.…
Mango to adopt new business strategy in Korea
Mango is seeking to make a new start in Korea with a local venture firm by adopting new strategies of localization and digitalization.…
Ginseng cosmetics brand Donginbi launches on Amazon
CheongKwanJang said it had officially launched its premium ginseng cosmetics brand Donginbi on Amazon’s US site.…