The new design hub in Harajuku district will drive innovative product design and support expanded business growth across Asia-Pacific and beyond.…
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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.…
Lotte Duty Free teases ‘Virtual Lotte Duty Free Tower’
At CES 2023 – dubbed the world’s most-influential tech event – in Las Vegas this month, Lotte Duty Free presented a virtual shopping space hosted in the metaverse. SEE ALSO: […]…
Naver completes acquisition of Poshmark
Naver Corp., Korea’s largest internet company, announced last week the completion of its previously-announced acquisition of Poshmark, Inc. SEE ALSO: Investors skeptical over Naver Corp.’s USD 1.2 bil…
Louis Vuitton opens Yayoi Kusama pop-up store in Tokyo
French luxury brand Louis Vuitton has opened a pop-up store in Tokyo, marking its second collaboration with pop artist, Yayoi Kusama. SEE ALSO: Yayoi Kusama collaboration brings Louis Vuitton to Tokyo…
Japan make-up market to expand by just 0.1 percent through 2026: GlobalData
The make-up market in Japan is expected to inch forward by only a compound annual growth rate (CAGR) of 0.1 percent to reach JPY 531.8 billion (USD 5.5 billion) through […]…
Japan retail sales up in November
Retail sales in Japan increased for the ninth straight month in November, on the back of the lifting of Covid-19 border controls, coinciding with the government’s domestic travel subsidy which […
The Chanel Métiers d’Art Show will be held again in Tokyo
Announced earlier this week, Tokyo will host a repeat showing of Chanel’s Métiers d’Art collection on June 1. SEE ALSO: Yayoi Kusama collaboration brings Louis Vuitton to Tokyo With the […]…