Korea Latest News - Inside Retail Asia

Starbucks Korea profit leaps 28 per cent

Starbucks Korea has reported a 28-per-cent year-on-year jump in its operating profit in the first half of the year.

E-Mart posts first-ever loss; plans to sell assets

Korean discount chain operator E-Mart has posted its first-ever net loss, amid growing competition from online shopping rivals and e-commerce giants.

North Korean cosmetics win approval from once-dismissive president

Kim Jong Un is encouraging beauty-conscious middle-class women to choose North Korean cosmetics over foreign brands as international sanctions deepen.

Declining numbers of South Korean, Chinese tourists in Japan saps retailers

The declining spending by Chinese and South Korean tourists in Japan is beginning to hurt listed retailers.

Uniqlo, Coupang, Daiso weigh cost as Japan boycott grows

Uniqlo will close a store in central Seoul as a Japan boycott by South Korean consumers gains pace.

South Koreans start boycotting Japanese retailers

Japanese retailers GU and Muji are being boycotted by South Korean consumers as diplomatic crisis widens.

Aesop store in Seoul features reclaimed red bricks

Luxury skincare brand Aesop has opened a distinctive store in south-central Seoul designed by Hong Kong designers Mlkk Studio.

A special place: How Starbucks Asia stores are designed

In Asia’s burgeoning coffee culture, design has become a key means for Starbucks to create a point of difference from rival chains.

Four Asia-Pacific markets account for one-fifth of global travel spending

Visitors from Mainland China, the Republic of Korea, Japan and Taiwan now account for 18.5 per cent of global travel spending in the world’s top 200 cities.

‘Grooming men’ the next big opportunity for retailers

Men who lavishly invest in fashion and beauty – so-called grooming men -have emerged as new flagship customers for the South Korean retail industry. Those who open their wallets without hesitation to improve their appearance are working hard to groom themselves, a thought that was unimaginable in the past, with emphasis on whitening, anti-aging and waxing. In the first half of this y…

September launch for Fenty Beauty in Hong Kong, Macau, South Korea

A September launch date has been revealed for Fenty Beauty in Hong Kong, along with Macau and South Korea.

Burning Sun scandal fuels severe losses for Aori Ramen chain

Former Kpop star Seungri and his Japanese ramen restaurant chain are being sued by franchise owners over a plunge in sales linked to the Burning Sun scandal.

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