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Generation Z behind surging demand for male makeup
The cosmetics industry is paying close attention to a surge in interest in male makeup – being driven by generation Z.
South Korean retailers are fighting the e-commerce onslaught with ‘malling’ strategy
Cornered by a low-price offensive from online sellers, South Korean retailers are striking back with a so-called ‘malling’ strategy.
South Korean online shoppers still see brick-and-mortar as crucial
South Korean online shoppers still see offline stores as a crucial part of shopping, a recent study has shown.
South Korea’s largest retailers forced to embrace delivery services
South Korea’s largest retailers are having to invest in logistics to cope with rising online spending and personalised delivery services.
Starbucks Korea profit leaps 28 per cent
Starbucks Korea has reported a 28-per-cent year-on-year jump in its operating profit in the first half of the year.
South Korean chains stop selling DHC products after offensive YouTube slur
South Korean health-and-beauty stores have suspended sales of products from Japanese beauty firm DHC Corp, after the company made offensive remarks about Koreans.
‘Grooming men’ the next big opportunity for retailers
Men who lavishly invest in fashion and beauty – so-called grooming men -have emerged as new flagship customers for the South Korean retail industry. Those who open their wallets without hesitation to improve their appearance are working hard to groom themselves, a thought that was unimaginable in the past, with emphasis on whitening, anti-aging and waxing. In the first half of this y…
South Koreans boycott Japanese products
A boycott campaign against Japanese products and services is becoming a nationwide movement and extending into travel, reports Korea Bizwire.
South Korean beauty brands cooling off on KOLs
Influencers, or celebrities on social networks, are rising as marketing leaders for the beauty industry, thanks to their massive popularity among the younger demographics.
South Korean duty-free operators chasing another boom – abroad
After years of struggle in the face of a decline in Chinese tourists and increased competition, South Korean 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. The country’s duty-free business has raked in huge revenues on the back of soaring tourists, mostly from China. …
Credit card companies want to ditch paper receipts
Credit card companies in South Korea are consulting with financial authorities to make issuing paper receipts for transactions optional.
Australian barista Paul Bassett set to expand South Korean coffee business
A decade after launching in South Korea, Australian Paul Bassett plans to make the most of a “positive evolution” in the local coffee culture, expanding his brand partnership with a local dairy company. Paul Bassett teamed with Maeil Dairies Co to launch a coffee brand named after him in 2009 – just at the time local consumers were starting to embrace specialty coffee. Their vision was to target the growing high-end coffee …
