Korea Latest News - Inside Retail Asia
A boycott campaign against Japanese products and services is becoming a nationwide movement and extending into travel, reports Korea Bizwire.
Korean beauty firm Amorepacific has launched a new pop-up store, “Sulwhasoo Universe”.
School Food, the South Korean Grab-and-go retail concept, is rolling out stores in Hong Kong and eyeing other Asian markets.
Influencers, or celebrities on social networks, are rising as marketing leaders for the beauty industry, thanks to their massive popularity among the younger demographics.
South Korean retail sales increased 3.4 per cent year on year in May.
After years of struggle in the face of a decline in Chinese tourists and increased competition, South Korean duty-free operators are in search of a more stable and sustainable business portfolio — to reduce their reliance on Chinese visitors and generate decent profits. The country’s duty-free business has raked in huge revenues on the back of soaring tourists, mostly from China. …
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.