Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Korean retail sector.

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South Korea to introduce disposable cup deposits

South Korea is set to introduce disposable cup deposits at coffee shops and fast-food outlets, starting 2022, in its latest efforts to cut carbon emissions.

Gentle Monster teams with Black Pink’s Jennie in ‘Jentle Home’ pop up

Eyewear retailer Gentle Monster has collaborated with Black Pink’s Jennie to launch ‘Jentle Home’ pop up in Seoul, South Korea.

Korean retailer launches do-not-disturb shopping service

Lotte Department Store, one of South Korea’s country’s major department-store chain operators, will introduce a do-not-disturb shopping service.

AmorePacific buys into Australian luxury skincare brand

South Korean beauty firm AmorePacific has acquired a substantial minority stake in Australian luxury skincare brand Rationale.

South Korea’s Kurly wins funds for expansion

Kurly, a South Korea-based grocery-delivery startup, has netted Series E funding totalling US$160 million, led by DST Global.

Second Starbucks community store opens in South Korea

A second Starbucks community store has opened in South Korea as a “hub for young people and prospective startups to share information about networking and starting their own businesses”.

Sale week boost for South Korean retailers – but for how long?

South Korean retailers experienced a burst in consumption during the so-called ‘golden holiday’ spanning six days from the end of April to early May.

Louis Vuitton raises prices in South Korea

French fashion house Louis Vuitton is raising prices for its luxury items in the South Korean market, allegedly in a bid to take advantage of a prospective surge in buying following the coronavirus outbreak.

South Koreans move from malls to markets in Covid-19’s wake

Offline retailers in South Korea are seeing a chance to make a comeback as the coronavirus pandemic’s impact on the country eases.

Eating at home will be ‘the new reality’ for Asian consumers after Covid-19

Covid-19 has changed Asian customers’ habits, especially in Hong Kong, as more of them decide to eat at home, according to research from Nielsen.

Noiseless digital product sales surge as consumers seek silence

Noiseless digital products are growing in popularity as more people are expressing frustration over noises caused by home appliances.

‘Revenge spending’ fuels luxury goods rebound

Revenge spending has been credited with a significant upturn in sales of high-priced retail goods in South Korea, which has emerged from lockdown.