Over the past decade, niche fragrance brands such as Byredo, Le Labo, Diptyque, and Jo Malone have dominated the fragrance market. As consumers seek a more personalised and intimate fragrance experien…
.
Your one-stop source for retail intelligence in Asia
Korean e-wallets partner with Alipay+ to promote cashless travel
Leading mobile payment providers across Asia announced today an integration of Alipay+ cross-border digital payment solutions in South Korea in an effort to jointly promote cashless travel in the coun…
Lotte harnesses Korea’s running trend by introducing its own Running Crew
Lotte Department Store is introducing its own running crew alongside a series of running-themed activations, as part of its strategy to capitalize on the growing Running Crew trend among Korea’s…
LVMH Taps Michael Schriver To Oversee Greater China, Korea
Luxury conglomerate LVMH has named Michael Schriver, a veteran executive from the group’s DFS, Louis Vuitton and Tiffany units, to lead its operations in China and South Korea as Group President for N…
Apple to open fourth South Korea store
U.S. tech giant Apple is set to open its fourth store in South Korea this month, expanding its presence in the country to compete with local rival Samsung Electronics Co. Dubbed ‘Apple Jamsil’, the co…
% Arabica opens first store in South Korea
The Japanese coffee chain % Arabica continues its Asian expansion in South Korea with the opening of its first store in the country. The coffee shop is located at Starfield Library, one of the most fa…
Apple Pay to (finally) enter Korean market
It is expected that Apple Pay’s Korean services will start by the end of 2022, in collaboration with Hyundai Card, a local credit card issuer.…
Vietnamese smart city to be built by Lotte Group
The Lotte Group is in the process of building facilities as part of its Eco Smart City project in Vietnam. With this project, the company will build its smart logistic centre and buildings in an eco-f…
South Korea retail sales increased 10 percent in July
South Korea retail sales in July gained 9.7 percent year-on-year, on the back of an easing in Covid-19 restrictions and an increase in outdoor activities across the country, according to data compiled…
K-Beauty brands’ fierce battle in the Indonesian Market
South Korean cosmetics brands are striving to gain ground in the Indonesian market, despite the fierce competition from Western and Japanese cosmetics brands. Statistics Indonesia (BPS) reports that t…