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Shinsegae

Shinsegae Archives

Shinsegae confirms EBay acquisition details

"The deal price is lower than what EBay Inc originally wanted," said Park Eun-kyung, analyst at Samsung Securities.

Shinsegae, Naver win bidding battle for EBay South Korea

Lotte Shopping misses out on prime online asset.

South Korean retail firms Lotte and Shinsegae bid for EBay Korea

EBay Korea is the country's third-largest e-commerce firm with a 12.8-per-cent market share last year.
Image of coffee cup

Starbucks US sells its stake in South Korean business

If all deals are closed, Starbucks South Korea is estimated to be worth more than US$2 billion.

South Korean perfume sales surge despite shrinking cosmetics market

“Consumers are replacing cosmetics with perfumes as a way of expressing themselves in the pandemic era."

Shinsegae and Taubman Asia open Starfield Anseong

Shinsegae group and Taubman Asia have opened the new shopping mall Starfield Anseong in South Korea's Gyeonggi Province.

Sales growth disappoints South Korean department store operators

A South Korean government-led retail sale festival designed to boost spending amid the coronavirus outbreak ended yester...

South Korean duty-free retailers shutter downtown stores

South Korean duty-free retailers are temporarily shuttering metropolitan stores in response to a significant decline in ...

Shinsegae profit all but evaporates as Covid-19 hits sales

Shinsegae, one of South Korea’s largest retail groups, has reported its net profit fell 99.8 per cent year on year as th...

Sale week boost for South Korean retailers – but for how long?

South Korean retailers experienced a burst in consumption during the so-called ‘golden holiday’ spanning six days from t...