South Korea

Over half of South Koreans prefer clean-label products

Around three in five said that they will reject products with no positive impact on the environment.

Over half of South Koreans prefer clean-label products

Around three in five said that they will reject products with no positive impact on the environment.

Retail in South Korea grows 8.7% in November

Offline sales saw a 4.5% increase, while online sales grew by 12.7%.

Coupang to acquire online luxury firm Farfetch

It will provide $500m capital to support Farfetch’s operations.

Coupang plans to acquire Farfetch Holdings

It will drive expansion to South Korea, the world’s highest spender in personal luxury goods.

Amazon to develop 60 MW solar project in South Korea

This will support its target to reach net-zero carbon by 2040.

Swarovski's Seoul flagship store to offer immersive experience

The store is situated in one of Seoul’s most visited tourist destinations.

Lemaire enters South Korean luxury market

It will be the first flagship store outside of France.

Nitori expands to South Korea

It has partnered with local supermarket chain Emart to open its first South Korean outlet.

Lazada, Seoul Business Agency partner to support Korean SMEs' growth

The SMEs will be first onboarded in Lazada Singapore.

South Korea’s e-commerce market to exceed $160b in 2027

It is backed by increasing consumer confidence and smartphone penetration.

A.S. Watson, Amorepacific ink deal to offer more K-Beauty products

Derma and premium skincare brands will be launched in Watson stores in Asia and Europe.

Tim Hortons to launch in South Korea

It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.

SKS Capital invests in South Korea’s Grace

The $5m raised will be used for Grace’s business expansion.

South Korea retail sales up 7.9% in February

The operating days during the Seollal holidays helped boost sales.