Branded pop-up stores play an increasingly important role in South Korea’s retail scene as a source of creativity, innovation and a brand new consumer experience.…
Imported beers strengthening foothold in Korea
Imported beers are expanding their footprint in Korea as more consumers choose foreign brands over domestic ones due to a mixture of taste and price.…
Marketplaces and cross-border trade: Are you missing out?
According to Forrester Research, by 2022 cross-border shopping will make up 20 percent of all e-commerce—with sales forecast to reach USD$630 billion.…
Starbucks’ dominance deepens in Korea
Starbucks has solidified its dominance over Korea’s coffee industry, widening its gap with A Twosome Place, The Coffee Bean & Tea Leaf, Ediya Coffee and other smaller rivals, according to i…
Marriott International announces expansion plans in Asia-Pacific
Company targets 1,000 properties open by end 2020, a nearly 40 percent increase, and expects to add an estimated 40 percent more job opportunities in the region.…
Movado Group fourth-quarter sales up 33%
Movado Group said that fourth-quarter revenues gained by double digits with the U.S. watch group narrowing its losses during the holiday period.…
Japan’s industrial output, retail sales stall in September
Japan’s industrial production was unchanged in September from a month earlier, falling short of forecasts. Retails sales were also unchanged, reflecting sustained weakness in consumer spending.…