South Korea
Gen MZ drives South Korea’s second-hand luxury boom
Gen MZ drives South Korea’s second-hand luxury boom
This shift is driven primarily by younger generations.
2 days ago
South Korea e-commerce market to hit $126b in 2024
It was attributed to consumer trust and innovation.
Starbucks Korea opens high-tech store in Seoul
Its first reserve-only branch features AR art installations and a Mixology Bar.
Birkenstock takes over direct distribution in South Korea
It will be via its newly launched online shop.
Korea retail sales increase 9.2% in August
It was led by strong online growth.
South Korean duty-free retailers revamp loyalty programme strategies post-pandemic
Brands are moving away from a one-size-fits-all approach.
Starbucks opens first reserve-only store in Seoul, South Korea
Jangchung Lounge R also features a 'Mixology Bar.’
South Korea retail sector up 6.3% YoY in July
Offline sales, however, declined by 3%.
South Korea e-commerce market to reach $170.1b by 2028
This is attributed to high-speed internet, secure payments, and growing consumer trust in online shopping.
Foot Locker to exit South Korea
It plans to complete the closures and transfers by mid-2025.
IKEA South Korea rolls out new automated fulfillment technology
This system will handle approximately 2,000 orders daily.
Korea launches new strategy to boost textile and fashion industry
It includes developing world-class technologies in high-performance aramids, carbon fibers, and electronic textiles by 2030.
CJ products return to Coupang after 20-month hiatus
CJ CheilJedang halted sales of its products to Coupang in December 2022.
Loewe opens first Casa Loewe in Seoul
A key highlight is an art installation made from horsehair using a 500-year-old hat-making technique.
Qoo10’s South Korean e-commerce platforms face regulatory scrutiny amidst payment delays
The delays have affected approximately 60,000 sellers.
Shinsegae Duty Free launches Korea's first Prada Beauty pop-up store
It runs from 4 July to 25 August.
Way to go for GOPIZZA: 2,000 stores by end-2024
CEO aims to make it the most accessible pizza brand from Southeast Asia to the world.
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