Hyundai Duty Free has opened a niche perfume pavilion offering 30 niche fragrance brands. These include Acqua di Parma, Le Labo, Penhaligon’s, Byredo, Diptyque and Maison Margiela among several Hyunda…
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Korea’s MZ generation propels the rise of art in retail
As the art market continues to grow in Korea and beyond, the retail industry is increasing investment in art and strengthening its art-related marketing.…
Korean duty free sales rise in February as ‘daigou’ business revives
Duty free sales in the world’s biggest duty free market surged almost 37 percent month-on-month from a troubled January to KRW1.09 trillion (USD838.9 million) in February, according to the Korea Duty …
Superdry sells off APAC brand to Korea’s Cowell
British denim and apparel brand Superdry announced it has sold its brand in the Asia-Pacific region to South Korean company, Cowell Fashion Company.…
Gabriela Hearst expands in South Korea with second Seoul location
American designer brand Gabriela Hearst announced on March 14 the opening of its second retail residence in South Korea, as part of a partnership with Handsome Corp, a fashion unit of local major reta…
Korea, Australia and Hong Kong retail sales lift in January
Retail sales in both South Korea and Australia lifted for the month of January, as the APAC nations saw consumers ramp up their post-Christmas spending in their respective markets during the opening m…
Hong Kong, Singapore, Korea retail sales all lift in December
Retail sales in Hong Kong, Singapore and South Korea lifted by single digits, respectively, for the month of December, as consumers in each Asian market spent more during the holiday period.…
Korea’s LBG inks luxury joint venture with Cambodia’s WorldBridge
South Korea’s Luxury Business Group (LBG) announced on January 27 a new partnership with Cambodia’s WorldBridge Group — a joint venture that will give luxury retail professionals in …
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…