Korea Archives - Inside Retail Asia

Starbucks South Korea opens its largest store yet

Starbucks South Korea has opened its largest store yet, celebrating the brand’s 21st anniversary in the country.

Asia outperforms for Groupe L’Occitane as pandemic decimates European sales

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 marks milestone: its 71,100th store, in Seoul

7-Eleven has hit a new milestone with the opening of its 71,100th store.

Subscription services ease pain for South Korean retailers

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.

AmorePacific launches luxury brand Sulwhasoo into India

South Korea beauty giant AmorePacific has launched its luxury brand Sulwhasoo across India exclusively with Indian retailer Nykaa.

Sales growth disappoints South Korean department store operators

A South Korean government-led retail sale festival designed to boost spending amid the coronavirus outbreak ended yesterday.

Havaianas invests $US50 million in Asian expansion plan

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.

JW Anderson opens new store in South Korea

British fashion label JW Anderson has opened its second store in Seoul, South Korea with ceiling-to-floor glass frontage and pink Neon signage.

Asia-Pacific luxury-goods market tipped to shed US$2.1 billion this year

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 rise post Covid-19

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 launches into South Korea

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 to launch snack subscription service

Lotte Confectionery Co will launch a snack subscription service dubbed “Monthly Snack,” the first of its kind in South Korea.