Korea

Shinsegae-led consortium wins eBay Korea bidding

This will mark the largest M&A deal in the country in H2 2021.

Shinsegae-led consortium wins eBay Korea bidding

This will mark the largest M&A deal in the country in H2 2021.

SK Telecom denies selling 11Street stake to Amazon

There are currently plans for Amazon products to be directly purchased in 11Street.

South Korea’s e-commerce firms ramp up OTT patforms

Coupang and Naver are looking to keep customers active on the platform.

Shinsegae and Lotte bid for eBay Korea buyout

SK Telecom and MBK Partners reportedly dropped out of the race.

Dairy Farm’s Mannings roll out Olive Young products

These products include Bring Green, Boh Bio Heal and WakeMake.

South Korea to expect modest near-term retail sales figures

The country is seeing its worst outbreak, leading to tighter restrictions on stores.

Local retail giants prep up for eBay Korea bidding

The bidding marks the second attempt by eBay Korea.

Gucci launches ‘Gaok’ flagship in Seoul

The space was designed to offer a comfortable place for visitors and passers-by.

Shinsegae’s Emart set to exit Vietnam

Local firm THACO likely bought a full interest in the company.

South Korea’s e-commerce firms expands return services

Shinsegae’s platform saw a 40% sales rise after two-week free return events.

Competition intensifies in South Korea’s home shopping firms

CJ OnStyle and GS Shop are ramping up their live commerce shows.

Competition heats up in South Korea’s retail M&A

eBay Korea’s acquisition might come out cheaper due to ‘winner’s curse’.

Bossini appoints Chang Min Huei as co-CEO

He has over 30 years of experience in the apparel industry.

South Korea’s stores roll out COVID-19 self-test kits

The self-test kits received approval for emergency use in April.

South Korea’s e-commerce firms expands gift services

Naver launched a gift shop, whilst SK stoa has widened the scope of its online gift function.

South Korea’s Homeplus appoints Lee Jae-hoon as CEO

He has been the CEO in various businesses such as KFC and Pizza Hut in South Korea.

Revenge spending boosts South Korea’s luxury retail

Both women’s and men’s clothing stores saw a rise in sales this year.