Korea Latest News - Inside Retail Asia
Credit card companies in South Korea are consulting with financial authorities to make issuing paper receipts for transactions optional.
Expansion into Asia has weighed on British luxury bag label Mulberry’s bottom line, but the company is confident the foray will bear fruit.
A decade after launching in South Korea, Australian Paul Bassett plans to make the most of a “positive evolution” in the local coffee culture, expanding his brand partnership with a local dairy company. Paul Bassett teamed with Maeil Dairies Co to launch a coffee brand named after him in 2009 – just at the time local consumers were starting to embrace specialty coffee. Their vision was to target the growing high-end coffee …
Fashion timepiece maker Daniel Wellington has launched a pop-up in Doota Duty Free, downtown Dongdaemun in Seoul.
Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018
Lululemon Athletica has reported a massive 70 per cent growth in first-quarter China sales, part contributing to a stellar performance globally.
Korean beauty and skincare brand Innisfree has opened a second outlet in the Philippines at SM Megamall, a year after first launching at SM Mall of Asia.
Single-use cup consumption at Korean fast-food restaurants has plunged by 72 per cent, according to a Korea Times report.
Korean grocery delivery service Kurly has closed an upsized Series D round that hit US$113 million.
While South Korean retail companies are competing over speed in the delivery market, the crowdfunding market is rising as the new form of consumer activity in the country.
In-N-Out Burger, a popular American hamburger franchise, opened a pop-up store on Wednesday in Gangnam, Seoul, drawing hundreds of visitors.
Incheon Airport duty-free tenders will be released in the fourth quarter of this year.