South Korea
Olive Young Seongsu stores see 592% surge in foreign spend
Olive Young Seongsu stores see 592% surge in foreign spend
International card transactions climbed 79% and outpaced the 4% increase amongst domestic users.
4 days ago
lululemon opens flagship store in Seoul
The Gangnam store is the brand’s first Korea outlet that features its design concept.
Diageo Korea secures two accolades at FMCG Asia Awards 2025
The company’s luxury tequila and immersive pop-up campaigns engaged Seoul’s creative and nightlife communities.
Swiss sportswear brand On opens first South Korea stores
The stores will open at Hyundai Seoul and Lotte World Mall Jamsil.
Shinsegae to close duty-free shop in Incheon airport DF2 by 2026
It will retain operations only at DF4 as retail group faces losses.
H&M opens new creative space in Seongsu, South Korea
A top-floor creative space will host local talents, artists and creators.
South Korea's Bunjang launches AI authentication system to fight counterfeits
It verifies authenticity in just six seconds with 99.9% accuracy.
South Korea's Lotte Shopping bets big on SEA as overseas revenue surges
International operations now make up 12.9% of revenue.
Korea retail sales up 9.1% in July
It was driven by a 15.3% jump in online sales.
Hermès opens expanded flagship in Seoul
It now showcases all sixteen of the house’s métiers in a bright, modern space.
Kolmar Korea opens second US factory to expand K-beauty, avoid tariffs
It is part of the brand’s strategy to minimise supply chain risks.
Shinsegae duty free reopens renovated 11th Floor at Myeongdong flagship
A key highlight is the “Taste of Shinsegae” zone.
South Korea retail sales up 7% in May
It was driven by a continued surge in online sales.
Miniso opens first flagship store in South Korea
The store features over 3,500 products.
Kolmar Korea expands globally with natural K-beauty products
The company invests heavily in r&d.
Xiaomi launches first offline store in Korea
It also features on-site after-sales services.
MBK Partners seeks buyer for troubled South Korean chain Homeplus
The retailer has lost over $1b in the past five years.
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