Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Korean retail sector.
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South Korea retail sales in February rebounded from January’s slump.
Lotte Vietnam has acquired a half share in Ho Chi Minh City’s Diamond Plaza shopping centre, office and apartment complex.
Lotte Mart, E-mart find rising mobile shopping trend makes up for sluggish store sales.
CJ Foodville has opened its first Tous Les Jours China store in the Xinjiang Uyghur Autonomous Region.
Prada South Korea has opened its first store selling only menswear.
Samsung says its Samsung Pay mobile wallet solution will launch in the second half of 2015.
Tesco’s South Korean supermarket business Homeplus is to be subject of a class action over alleged privacy breaches.
Grana fashion, specialising in “high-quality fashion at disruptive prices” is expanding into three new Asian markets this year from its Hong Kong base.
Jollibee Foods will open 330 new stores in 2015 on the back of a solid boost in sales and profit last year.
The Korean parent of skincare brands including Laneige, Sulwhasoo and Etude, plans to open some 350 new stores this year.
South Korea’s largest discount chain, E-mart, is to start selling on Alibaba’s T-mall in a fresh attempt to break into China’s seemingly impenetrable online market. The Korean company believes the Alibaba-powered online shopping mall is the key to success after previous attempts to crack the China market flopped. From mid-March, E-mart will sell about 100 food and electronic products, including rice cookers and soybean paste on Tmall Global. E-mart would be joining other South Kor…
Changi Airport’s duty free retail business takeover is now complete: Shilla Singapore formally opens.