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.…
Foreo’s new collection in South Korean duty free
Swedish beauty-tech brand Foreo adopted a party theme to launch its Candy Collection and Serum Serum Serum in spectacular style into South Korean duty free market.…
How is Instagram doing in South Korea?
The photo-sharing application Instagram is gaining popularity faster than any other social media app in South Korea with young Koreans leading the trend, a survey revealed.…
Shinsegae Duty Free partners with China’s Industrial Bank
Shinsegae DF Inc., duty-free store operating unit of South Korea’s retail conglomerate Shinsegae Group, has launched credit cards for people who are in partnership with China’s Industrial Bank Co. to …
South Korean duty-free operators go overseas
South Korea’s duty-free operators are in search of a more stable and sustainable business portfolio — to reduce their reliance on Chinese visitors and generate decent profits.…
What are South Korean retail giants doing to survive?
Local retail giants, albeit belatedly, are increasingly turning their eyes to the e-commerce business, with heavy spending on IT infrastructure and fast delivery.…
Coupang leads delivery service in South Korea
South Korea’s delivery service has evolved to allow customers to expect next-day arrival of their ordered items, or even receive parcels in just a few hours.…
Retailers aim to turn green
To mark World Environment Day, local retailers have put their efforts to protect the environment, by producing less waste and selling eco-friendly goods, according to industry officials.…