Lotte Duty Free launched Charlotte Tilbury at the retailer’s flagship store in Myeong-dong, Seoul on 17th December, marking the British beauty brand’s offline store debut in Korean travel …
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South Korea’s retail sales up 14.4 percent in October
Retail sales in South Korea surged 14.4 percent in October from a year earlier as more consumers opened their wallets amid various promotional events and cold weather, the industry ministry said.…
Burberry opens pop-up store in Jeju Island, Korea
The first immersive brand experience in Jeju is connected to a series of inspirational pop-ups across the globe showcasing Burberry’s latest outerwear silhouettes whilst blurring the lines betwe…
Lotte Duty Free recruits in Korea to “prepare for life with Corona”
“Preparing for life with Corona.” That was the message from Korea’s travel retailer (and world number two) Lotte Duty Free as it began a recruitment drive in anticipation of a steady resurgence …
South Korea Sale FESTA to boost domestic consumption
South Korea’s biggest shopping extravaganza Korea Sale FESTA is kicking off on 1st November and will run until 15th November, both online and offline, and a total of 1,276 companies have expressed the…
Wine import soars in Korea
South Korea’s wine imports nearly doubled in the first eight months of 2021 from a year earlier as more people enjoyed drinking at home and alone amid the coronavirus pandemic, data showed.…
Korea’s sales in luxury goods increases
Korea’s potential growth rate predicted by the Bank of Korea between 2019 and 2020 dropped by 0.4 percentage point to 2.2 percent ― implying that household consumption expenditures will decrease…
Lotte Duty Free opens Tiffany & Co. store at Kansai Airport in Japan
South Korean duty free retailer Lotte Duty Free has unveiled a Tiffany & Co. store at Kansai International Airport in Japan.…
HYPEBEANS opens in Korea
Hypebeast’s first culinary venture HYPEBEANS officially announced the opening of its second branch at THE SHOPS AT CENTERFIELD in Seoul, Korea, following over a year of building a strong presence in i…
Korean beauty market to hit US$2.9 billion in 2025
South Korea’s beauty market is set to reach almost US$3 billion in value terms by 2025, on the back of strong growth in the nail make-up category and local consumers’ investment in innovative product …
