Shinsegae Archives - Page 10 of 12 - Inside Retail Asia

Tesco Korea on the block

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

Korea retail sales decline continues

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

Luxury brands go solo in Korea

Luxury houses establish Korean branches.

La Cure Gourmande lands in Asia

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

Shinsegae Vietnam prepares for launch

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

Korea retail sales slump

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

John Lewis expands into Philippines

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

Korea luxury sales surge

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

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…

Burberry Korea partners with Shinsegae

Burberry has entered into a new digital collaboration with Korea’s Shinsegae Group to launch the official Burberry ssg.com store in South Korea.

John Lewis to enter Singapore

UK department store John Lewis has chosen Singapore as the first of 15 new international markets.

South Korea retail sales rebound

South Korea retail sales in February rebounded from January’s slump.