Shinsegae Archives - Inside Retail Asia
Moncler Asia revenues rose 12 per cent in Asia in the latest quarter.
South Korean-owned discount retailer E-Mart China is to close down after 20 years.
Italian menswear manufacturer/retailer Corneliani has opened its eighth store in South Korea.
Shinsegae is the first Korean retailer to deploy a marketing strategy using AI technology.
Tesla has completed the installation of three destination chargers at Shinsegae department Store in Seoul.
Starbucks Coffee Korea, the local franchise of the US coffee giant, said its annual sales topped the 1 trillion won in 2016.
Hyundai Department Store Group plans a duty-free store for Seoul’s CoEx Convention and Exhibition Center.
Lotte Duty Free has officially re-launched at Gimhae airport.
The new Daegu Shinsegae is a shopping and entertainment complex connected to a transportation hub.
South Korean department stores are tipped to chalk up sales of more than 30 trillion won (US$25.6 billion) for the first time this year.
The Korean convenience store sector is experiencing rapid growth as heavyweights battle for market share.
Korean duty-free stores newly opened in Seoul are losing money as heavy marketing costs erode profits.