Korea Latest News - Inside Retail Asia
Heavy discounting necessary to offload winter stock has hit Uniqlo sales.
South Korean online sales posted double-digit growth in February based on soaring demand for air purifiers.
South Korean eyewear label Gentle Monster has partnered with Chinese tech giant Huawei to produced connected eyewear.
Hong Kong-based AS Watson has chosen its part-owned German subsidiary Rossmann for its next Asian market debut, South Korea.
GS25 has launched a new “half-priced” delivery service, promising discounts of up to 65 per cent.
Korean cosmetics firm VDL is expanding in the Canadian market with the launch of the brand’s first flagship store in Toronto.
South Korean travel retailer Lotte Duty Free is expanding into Oceania.
Vibrant stationery retailer Smiggle is expanding within Asia following a record global performance reaching 34.8 per cent sales growth in the territory.
South Korean food manufacturer Daesang is reportedly exiting the convenience store business, selling its stake in the Ministop chain.
Happy Lemon has teamed up with Koubei, Alibaba Group’s local-services app, to upgrade its in-store technology, including a new drink-making robot.
South Korean private equity firm MBK Partners has cancelled a planned Homeplus property float due to lack of interest.
Smartphone brand Samsung has opened a new Galaxy flagship in Tokyo.