Korea Latest News - Inside Retail Asia

Greater China, South Korea drive Uniqlo sales despite warm winter

Heavy discounting necessary to offload winter stock has hit Uniqlo sales.

South Korean online retail sales post double-digit growth

South Korean online sales posted double-digit growth in February based on soaring demand for air purifiers.

Gentle Monster, Huawei team up on connected eyewear

South Korean eyewear label Gentle Monster has partnered with Chinese tech giant Huawei to produced connected eyewear.

AS Watson South Korea health and beauty launch imminent

Hong Kong-based AS Watson has chosen its part-owned German subsidiary Rossmann for its next Asian market debut, South Korea.

South Korea’s GS25 launches parcel service

GS25 has launched a new “half-priced” delivery service, promising discounts of up to 65 per cent.

South Korea’s VDL Cosmetics opens Toronto flagship

Korean cosmetics firm VDL is expanding in the Canadian market with the launch of the brand’s first flagship store in Toronto.

Lotte Duty Free expands into Australia and New Zealand

South Korean travel retailer Lotte Duty Free is expanding into Oceania.

Stationery retailer Smiggle targets Asia

Vibrant stationery retailer Smiggle is expanding within Asia following a record global performance reaching 34.8 per cent sales growth in the territory.

Daesang to sell Ministop stake to partner Aeon

South Korean food manufacturer Daesang is reportedly exiting the convenience store business, selling its stake in the Ministop chain.

Happy Lemon teashop showcases Alibaba technology

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.

MBK calls off Korean Homeplus property float

South Korean private equity firm MBK Partners has cancelled a planned Homeplus property float due to lack of interest.

Samsung Galaxy flagship store opens in Tokyo

Smartphone brand Samsung has opened a new Galaxy flagship in Tokyo.

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