
Korea Bizwire
From the author

Online sales pick up in Korea, even after social-distancing rules lifted
In other words, 8 out of ten respondents said online shopping spending increased after the lifting of social distancing ...
May 26, 2022

Starbucks Korea to recycle all of its coffee grounds within five years
The US coffee giant plans to conduct a recycling environment assessment on coffee grounds generated by the company’s sto...
May 13, 2022

Lotte Home Shopping to introduce virtual fashion brand
Catering to the rising trend of virtual consumption, the company has decided to launch a virtual fashion brand after six...
Feb 14, 2022

Seoul’s street vendor and shoe repair stalls are disappearing
This represents a decline of about 40 per cent or 998 compared to 10 years ago.
Jan 25, 2022

Luxury brands launch high-end bicycles in South Korea
The frames, saddles, and chains are inscribed with Louis Vuitton monograms. The bicycle is priced at 34.45 million won (...
Oct 11, 2021

Airlines sell in-flight blankets and pyjamas for ‘first-class’ experience
Top flag carrier Korean Air Lines released a blanket for first-class seats last month priced at 48,000 won (US$41.50).
Sep 7, 2021

Fashion powerhouse Handsome launches high-end beauty brand Oera
High-end skin care brand oera will open its first store at the department store’s Apgujeong outlet in southern Seoul.
Aug 23, 2021

Convenience Stores Release Luxury Gifts for Chuseok Holiday
Stores expect that consumers will replace gifts with luxury goods as many are bound to spend the Korean Thanksgiving hol...
Aug 19, 2021

7-Eleven Korea tests next-gen digital technology in new DT Lab Store
This store also features an artificial intelligence (AI) system that detects inventory level in real time.
Aug 5, 2021

Famous Seoul retail strip Myeongdong’s vacancy rate exceeds 40 per cent
The surging vacancy rate in the prime shopping districts is attributed to an increasing number of store closings followi...
Aug 2, 2021