Ikea Korea said it saw sales growing by over 30 percent in the fiscal year of 2020 following increased interest in home furnishing amid COVID-19.…
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24hr Global eCommerce summit
eCommerce across the globe has significantly spiked due to the COVID-19 pandemic.…
South Korea lowers economic projections due to Covid-19
Analysts are lowering economic projections for South Korea following the spike of Covid-19 cases.…
South Korea’s instant noodle market records high sales
The instant noodle market in South Korea recorded all-time high sales of US$952.2 million in the first half of this year, largely affected by the COVID-19 pandemic, data showed.…
South Korean airlines may face financial crisis
South Korea’s domestic airlines are facing increasing concerns that the airline industry’s financial crisis could worsen as the second wave of COVID-19 infections spreads quickly around So…
Melbourne to close all retail stores until September on Covid-19 spread
Melbourne has closed all non-essential retail stores for six weeks on 7th August, as the coronavirus pandemic continues to spread on the back of a second spike of the virus in the Victorian capital.…
Diversey introduces new Shield Program
Diversey, a leading global hygiene and cleaning company, has announced the launch of its new Shield Program. The Program is designed to respond to the new era of cleanliness, as facilities worldwide b…
Uniqlo to close nine stores in Korea
Japanese fashion retailer Uniqlo said it will close nine of its stores in South Korea next month amid a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul…
Laox to close half of its stores in Japan
Duty-free store operator Laox will close half of its locations in Japan, the company said, seeing no recovery on the horizon from a plunge in Chinese, South Korean and other Asian tourists.…
A record-breaking week for InvestHK’s first virtual StartmeupHK Festival
Here, what you missed.…