Korea Latest News - Inside Retail Asia
The first smartphone-centred Samsung US stores will open next week.
US retail property specialist Taubman Centers is to sell a 50 per cent stake in three Asian shopping centres.
Starbucks Korea and 7-Eleven Thailand have announced positive results for their respective anti-plastic campaigns.
Strong international sales ensured respectable McDonald’s results in the latest quarter.
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.
Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter, trimming back its profit for the period.
Luxury brand Gucci has labelled six international destinations as ‘Gucci Places’.
South Korean cosmetics stores that have been the drivers of the ‘K-Beauty’ industry for the past 15 years are facing a crisis, exposing their limitations.
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million.
The 2019 Korea Grand Sale, a shopping festival for foreign tourists is underway and will run until February 28.
The Lipstick Effect has seen a rise in cosmetics sales despite South Korea’s economic downturn of 2018.
The National Gallery Company has launched its first overseas Delicious Art cafe in Seoul.