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South Korea

South Korean duty-free operators ‘desperate’ amid protracted pandemic

South Korean duty-free operators ‘desperate’ amid protracted pandemic

Stung by the protracted new coronavirus outbreak, South Korean duty-free operators are struggling to overcome the industry-wide slump with belt-tightening measures, including increasing the number of closing d...
Asian retail outlook: “more cautious”
Furla Asia-Pacific plans more flagships
Toys’R’Us Asia Pacific chief retires
China quick to adopt digital wallets

South Korea Archives

Korea Retail sales in August 2020

South Korean retail sales surged in August

Retail sales in South Korea moved up 6.6 per cent in August year on year, due to a sharp rise in online sales amid the c...

California Pizza Kitchen opens new outlets in Manila and Daegu

California Pizza Kitchen has opened two new stores in Asia- one in the Philippines, the other in South Korea.
Adidas at Hyundai DS Jungdong

South Korean department stores refurbished to attract cashed-up MZ shoppers

Department stores are undergoing renovations to attract the so-called MZ generation – encompassing the Millennials...
A blonde lady sitting near a window.
South Korea

Deciem CEO reveals Korean expansion plans

Since Canadian beauty giant Deciem, parent company of cult brand The Ordinary, opened its first standalone store in Gang...

South Korean duty-free operators ‘desperate’ amid protracted pandemic

Stung by the protracted new coronavirus outbreak, South Korean duty-free operators are struggling to overcome the indust...

Popeyes may cease operation in South Korea

American fast-food chain Popeyes said it is to withdraw business from South Korea, however the local franchisee TS Corpo...
The interior of a TGI Friday’s restaurant.

Lotte seeks to unload TGI Friday’s as part of restructuring

Lotte is moving to divest its TGI Friday's restaurant chain rights in South Korea as it restructures its business portfo...

South Korea eased Covid-19 restrictions on cafes and eateries

South Korea will relax Covid-19-related business restrictions on eateries, franchised coffee chains and other facilities...

Lotte seeks to unload TGI Friday’s as part of restructuring

Lotte is moving to divest its TGI Friday's restaurant chain rights in South Korea as it restructures its business portfo...
Sales of in-car accessories are surging in South Korea.

Social distancing sparks flurry of in-car accessory sales

Car accessory sales are increasing in South Korea as the coronavirus pandemic continues to rage on.