Retail sales in South Korea increased 2 percent in May from a year earlier as people purchased more sanitary items and food through online platforms in the face of the new coronavirus pandemic, data s…
Korean retail industry sees sales boost from nationwide promotional event
The retail industry is seeing sales recovery, owing to the ongoing nationwide discount promotional event in South Korea to revitalize the domestic economy, which has been suffering dampened consumer s…
Facebook Shops increased competition in Korean e-commerce market
Facebook has entered South Korea’s crowded online landscape to vie for a share in the booming e-commerce market dominated by local names.…
Alma Lasers expands to Korean market
Israeli company Alma Lasers, a leading player in China’s skin rejuvenation market, is undertaking an aggressive expansion into South Korea, viewing the country as a strategic market for its brand imag…
Taiwan’s electric scooter maker Gogoro targets South Korean market
Electric scooter maker Gogoro Inc said that it has partnered with TIC Corp to distribute its electric scooters in South Korea targeting corporate clients, such as logistics and delivery service provid…
Starbucks Korea celebrates 20th anniversary with boutique Ewha R store
To celebrate 20 years of business in South Korea, Starbucks Korea Co., local unit of U.S. coffee giant Starbucks Corp., will reopen its first Korean store near Ewha Womans University in northern Seoul…
What do South Koreans use social media for?
Social media are more a source of entertainment contents than as a means of communications with friends, according to a report released by DMC Media.…
Myeong-dong is the most expensive commercial district in Korea
Myeong-dong, one of the busiest shopping districts in central Seoul, ranked top in the price of monthly rent for commercial stores, in the first quarter of this year in South Korea.…
Korean duty free sales maintain double-digit growth
Duty free sales in South Korea climbed by 26 percent year-on-year in June 2019, as the market maintained its strong growth trajectory.…
Hotel Shilla expands partnership with China’s Ctrip
South Korea’s leading duty-free store operator Hotel Shilla has expanded partnership with China’s largest online travel agency Ctrip in its global drive.…