International luxury brands Versace and Cartier are the latest duo to tap K-pop stars as global brand ambassadors of their respective marques, as a growing number of premium brands look to South Korea…
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South Korea’s Musinsa inks USD 190 million in funds
South Korean online fashion platform Musinsa announced it has inked USD 190 million in a Series C funding round lead by global investment firm KKR, with participation from Wellington Management.…
Kiton opens first South Korea store in Seoul
Italy’s Kiton announced the opening of its Seoul flagship store, marking the luxury fashion brand’s retail entry into South Korea.…
South Korea’s Compose Coffee to make international debut in Singapore
South Korea’s Compose Coffee is set to open its first-ever international location, opting for the Singapore market to make its global debut.…
Korean duty free sales in May underline key market pressures
Latest figures for the Korean duty free market – historically the world’s biggest – reflect a complex and changing landscape. May results from the Korea Duty Free Association reveal that […]…
Kenzo names Korea’s Vernon new brand ambassador
Luxury fashion house Kenzo announced the appointment Korean pop star Vernon, as its new global ambassador.…
Brand spotlight: Saranghaeyo, a niche Korean fragrance on the rise
While the emergence of Korean pop culture has catapulted K-beauty into the spotlight, attention has been, for the most part, on Korean cosmetics. In recent years, however, niche Korean fragrances […
Singapore’s Flash Coffee to further Southeast Asia, South Korea expansion, raises USD 50M in Series B round
Singapore-based coffee chain Flash Coffee has completed its Series B financing round, raising USD 50 million.…
SKS Capital invests in South Korea’s Grace for SEA expansion
SKS Capital will invest in Grace, Korea’s largest aggregator of international beauty and health brands.…
Palm Angels opens debut South Korea store in Seoul
Italian luxury streetwear brand Palm Angels this month opened its first-ever South Korea store, in the nation’s capital, Seoul, in partnership with Forward Global Fashion Co. Ltd.…