Shinsegae Archives - Inside Retail Asia

Shinsegae Dept stoee

Shinsegae opens luxury bike shop

Shinsegae Department Store has opened a luxury bike shop.

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E-Mart calls time on closures

South Korea’s largest discount supermarket operator E-mart says it is recommitting to the China market and will stop closing stores there.

Shinsegae E-Town

Shinsegae opens giant mall

Korea’s Shinsegae Group is about to open a massive shopping centre northwest of Seoul which it hopes will take the fight to Ikea for homewares shopping.

Tesco Korea

Tesco Korea on the block

UK retailer Tesco has reportedly engaged HSBC to manage the sale of its South Korea retail operations.

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Korea retail sales decline continues

Korea retail sales – measured in department and discount stores – fell again in March.

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Luxury brands go solo in Korea

Luxury houses establish Korean branches.

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La Cure Gourmande lands in Asia

French confectionery brand La Cure Gourmande has made its Asian debut in a Lotte department store in Seoul.

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Shinsegae Vietnam prepares for launch

Shinsegae Vietnam will launch discount store brand E-mart in Ho Chi Minh City by the end of 2015.

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Korea retail sales slump

Luxury spending is up, online sales are up, but Korean retail sales remain sluggish.

LONDON, UK - DECEMBER 20: Nighttime shot of John Lewis department store exterior in busy Oxford  str

John Lewis expands into Philippines

UK department store John Lewis will open 11 concessions inside SM Retail and Our Home stores in the Philippines.

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Korea luxury sales surge

Korea luxury sales soared in the first quarter of 2015 partly due to recent price cuts by major luxury brands.

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Korean online sales overtake stores

The total trade volume of online retailers for 2014 surpassed that of large retail stores and department stores for the first time, said Statistics Korea.

Although the overall trade volume through Korean online retailers stood at 45.24 trillion won (US$ 41.62 billion), which is slightly lower than the 46.63 trillion won (US$ 42.90 billion) trade volume for offline retailers, sales through foreign online retailers in 2014 reached 1.66 trillion (US$ 1.54 billion), which resulted in combined ove…

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