Korea Archives - Inside Retail Asia
Starbucks South Korea has opened its largest store yet, celebrating the brand’s 21st anniversary in the country.
Strong sales across Asia and rapid online growth helped beauty-products retailer Groupe L’Occitane contain its sales decline during the June quarter to a comparatively respectable 22 per cent.
7-Eleven has hit a new milestone with the opening of its 71,100th store.
Indeed, subscription services have already evolved into many forms here expanding into diverse areas, including e-books, cosmetics, video streaming services and even rentals of Kia Motors Corp’s premium models.
South Korea beauty giant AmorePacific has launched its luxury brand Sulwhasoo across India exclusively with Indian retailer Nykaa.
A South Korean government-led retail sale festival designed to boost spending amid the coronavirus outbreak ended yesterday.
Undeterred by the advent of Covid-19, Brazilian flip-flop brand Havaianas is investing US$50 million into expansion of its retail footprint across Asia-Pacific between now and 2024.
British fashion label JW Anderson has opened its second store in Seoul, South Korea with ceiling-to-floor glass frontage and pink Neon signage.
The Asia-Pacific luxury-goods market is projected to sink by US$2.1 billion this year as consumers switch from big-ticket items to affordable luxury.
South Korean retail sales rose by 2 per cent during May, largely due to increased online shopping, according to new Ministry of Trade figures.
Facebook Shops has launched in South Korea to compete in a booming e-commerce market, and following roll out in Europe and the US.
Lotte Confectionery Co will launch a snack subscription service dubbed “Monthly Snack,” the first of its kind in South Korea.