Korea Archives - Inside Retail Asia

South Korean department stores look to VIPs as sales slide

South Korea’s department-store industry has launched an all-out effort to secure VIP customers who spend more than ordinary customers.

Aori Ramen chain collapses, hit by coronavirus, scandal

Japanese ramen chain Aori Ramen has declared bankruptcy after suffering from coronavirus and the boycott on Japanese goods in South Korea.

South Korea’s Crispy Chicken n’ Tomato expands in Japan

South Korean chicken chain Crispy Chicken n’ Tomato has expanded its retail network into Tokyo, opening 10 stores in the city this month.

South Korean fast-fashion brand 2358 to open 100 stores in India

South Korean fast-fashion brand 2358 says it plans to open 100 stores in India by the end of this year.

Daegu citizens use social media to support restaurants hit by coronavirus

Citizens of South Korean city Daegu are working together on social media to prop up local businesses hit hard by the rapidly growing coronavirus outbreak.

Samsung and BTS enter global marketing collaboration

South Korean electronics giant Samsung and BTS the K-pop superbrand, have entered a global collaboration to market smartphones.

Lotte Shopping to axe 200 stores as losses mount

Lotte Shopping plans to shut down as many as 200 department stores and large-format supermarkets in South Korea, marking a massive cull for the country.

Sephora suspends makeup services as precautionary measure

Sephora has stopped offering custom makeovers in hundreds of stores across Asia-Pacific to protect customers and staff from coronavirus.

LG robotic waiter serves food in Seoul restaurant

An singing, talking LG robotic waiter has made its debut at CJ Foodville’s Cheiljemyunso restaurant in Seoul Station in South Korea.

Amorepacific to launch Etude in Indonesia

South Korean beauty company Amorepacific Group is set to launch the Etude brand in Indonesia.

Coronavirus: ‘severe’ impact looms for Asian travel-retail sector

Asian travel-retail sales in Hong Kong and globally are expected to be heavily impacted by the growing coronavirus crisis.

Tom n Toms Hong Kong collapses, shutters all stores

Tom n Toms Hong Kong has shuttered all five of its stores after the South Korean coffee chain’s local franchise went into liquidation. Following news of its Myanmar expansion plans, the popular South Korean cafe eventually could not withstand the pressures on Hong Kong’s depressed retail market. Tom n Toms Hong Kong launched in 2016 and had outlets at Tuen Muen Town Plaza, Tsim T…