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South Korea

South Korea Archives

An Olive Young store in downtown Seoul.

CJ Corp unveils plans to open Olive Young up for public investment

South Korean health-and-beauty business Olive Young is gearing up for an IPO next year, with the aim to list on the stoc...
Photo of a cafe

Seoul cafes face new trading restrictions as Covid-19 returns

South Korea is restricting operations of restaurants, bakeries and franchised coffee chains in the greater Seoul area in...

South Korean retail sales rise in July, boosted by grocery

Retail sales in South Korea advanced 4.4 per cent in July from a year earlier as online platforms enjoyed a spike in dem...

Ikea Korea sales surge 32.6 per cent, despite Covid-19

Ikea’s business in South Korea has reported a 32.6 per cent sales growth over the past fiscal year despite the impact of...

Samsung phone sales slide, but Samsung keeps top spot

Samsung Electronics remained the top smartphone vendor in the second quarter of the year despite suffering a sharp decli...

Apple Korea makes US$84 million offer to ease anti-competitive concerns

Apple's South Korean unit has offered US$84 million worth of programs for consumers and mobile phone carriers, in an eff...

Korean restaurant chains cry foul over Covid-19 rules

South Korean restaurant chains are accusing the government of using “discriminatory countermeasures” in the fight agains...

Gentle Monster unveils new flagship concept in Shenyang

Gentle Monster has unveiled another flagship concept in Shenyang, China after launching the “Memory” theme in Hangzhou l...

Allbirds steps into South Korea

New Zealand footwear label Allbirds is expanding its retail network into South Korea.

Baemin deploys South Korea’s first outdoor food delivery robots

South Korean food-delivery app Baemin has launched outdoor delivery robots at the multipurpose housing complex Gwanggyo ...