Korea Latest News - Inside Retail Asia

Second Innisfree Philippines store opens in SM Megamall

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 plummets in South Korea

Single-use cup consumption at Korean fast-food restaurants has plunged by 72 per cent, according to a Korea Times report.

Grocery e-commerce startup Kurly raises US$113 million

Korean grocery delivery service Kurly has closed an upsized Series D round that hit US$113 million.

The newest South Korean retail trend: crowdfunding

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 opens Seoul pop-up store

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 to be released soon

Incheon Airport duty-free tenders will be released in the fourth quarter of this year.

‘Economic headwinds’ end glory days of Samsonite sales

“Economic headwinds” in the latest quarter have brought an end to the stellar run of Samsonite sales growth.

South Korean retail sales surged during 10-day Japanese Golden Week

The unprecedented extension of the Japanese Golden Week holiday to 10 days has seen a surge in tourists visiting South Korea.

Shinsegae launches coworking space in Seoul

Shinsegae International has launched a new coworking space in Seoul it expects will boost its retail business.

Daniel Wellington launches Moments of Love pop up in Seoul

Watches and accessories retailer Daniel Wellington has launched a Moments of Love pop up with Shinsegae Myeongdong in Seoul.

China ends Lotte sanctions

Lotte sanctions imposed by the Chinaese government two years ago have now been lfited.

Amorepacific launches Etude House in India

Amorepacific Group, the largest global beauty company headquartered in Korea, has launched Etude House in India.

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