The estimated revenue of South Korea’s customs authorities is projected to more than double next year due to a surge in licensing fees for duty-free shops, a report said.…
The estimated revenue of South Korea’s customs authorities is projected to more than double next year due to a surge in licensing fees for duty-free shops, a report said.…
Lotte, Shinsegae and other retailers in Korea have been shifting their focus to Southeast Asia as it has become difficult to conduct business in China amid deteriorating Korea-Sino ties.…
Unmanned convenience stores are slowly making their way in South Korea and may significantly change or eliminate jobs behind the counter.…
The sales growth rate of Louis Vuitton has backtracked in 2017 at the nation’s major department stores, losing its market prestige as one of the most desired luxury brands, industry sources said on 13…
Recently, global electronics makers have been introducing innovative beauty products to catch momentum in a niche market, which is expected to grow even more, with tech-savvy consumers being more will…
Voice-activated shopping technology is poised to shift from speakers with artificial intelligence to mobile applications, with a major retailer preparing a voice-activated shopping service for its mob…
Lotte Duty Free submitted a report to the Fair Trade Commission regarding its rent feud with Incheon International Airport, according to the leading duty-free operator. Lotte’s assertion is that Inche…
Incheon International Airport plans to open its new terminal on 18 January 2018, about three weeks before the start of the PyeongChang Winter Olympics, the airport’s operator said.…
Chanel has raised the prices of dozens of its popular products by up to 30 percent at the beginning of November. …
IICOMBINED, which operates Korea’s Sunglasses brand “Gentle Monster” taps into cosmetic business.…