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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 ...

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...

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...

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.

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 (...

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).

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.

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...

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.

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...