South Korea
Loewe opens first Casa Loewe in Seoul
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.
Messika partners with Bluebell Group to enter South Korean market
This follows their successful venture in the Korean Duty Free Market since 2022.
SHEIN launches Korean website
This affirms the group’s commitment to catering to the Korean market.
Polène opens flagship store in Seoul
This marks a significant addition to its established locations in Paris, New York, and Tokyo.
South Korea's dermocosmetics market ranks 6th globally
It has attracted competition from "concept-dermo," "dermo-inspired," and "pharma-dermo" brands.
OUTFORM APAC secures two accolades at Retail Asia Awards 2024
Innovative retail campaigns in Japan and South Korea garner top honours for the company.
H&M opens innovative store in Seoul’s Myeongdong District
It has an immersive fitting room and smart fitting rooms.
Korea's retail industry increases 10.8% in April 2024
April saw a 22.2% surge in online sales.
Kith to open flagship store in Seoul
This marks the brand's entry into the Seoul market.
South Korea's e-commerce market hits $115.1b in 2023
It is projected to reach $125.6b in 2024.
Chanel tops South Korea's luxury market
It surpassed Louis Vuitton with sales of $1.2b (KRW1.7t).
South Korea’s cosmetic exports surge 20% to $2.3b in Q1
It reflects the country's growing influence in the global beauty market.
Coupang to invest $2.23b to expand ‘rocket delivery’ in South Korea
It will set up more than eight fulfilment centres to serve as logistical hubs for swift delivery.
GOPIZZA to expand to over 200 outlets in South Korea
It will be launching in partnership with the convenience store brand GS25.
Commentary
This 11.11, the real battle lies in shopper confidence – not the biggest discount