South Korea
6 in 10 Gen Zs prioritise user experience, trustworthy reviews
Over 75% rely on reviews and customer service when shopping.
9 hours ago
6 in 10 Gen Zs prioritise user experience, trustworthy reviews
Over 75% rely on reviews and customer service when shopping.
9 hours ago
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.
Sephora to exit South Korean market in May
It will gradually end its online, mobile app, and offline operations.
Shinsegae Group promotes Jeong Yong-jin as chairman
Chairwoman Lee Myung-hee will continue to serve as head of the company.
Dessert brand Sprinkles targets Asia expansion
It will first launch in South Korea.
Korean skincare brand AXIS-Y opens flagship store in Seoul
The store is located in the Cheongdam district, below AXIS-Y headquarters.
Major skincare company Neora buys cosmetics producer ACN Korea
The purchase of ACN Korea will drive Neora’s growth in the APAC region.
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.
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1. Gamification boosts retailer loyalty programmes 2. Gen Z's complex consumer behavior challenges businesses: Euromonitor 3. Here's why global apparel and footwear sales growth have slowed 4. Carlsberg Asia, Grab partner to elevate beer consumption experience 5. Global personal luxury market projected to reach $606b by 2030Resource Center
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Gamification boosts retailer loyalty programmes 2. Gen Z's complex consumer behavior challenges businesses: Euromonitor 3. Here's why global apparel and footwear sales growth have slowed 4. Carlsberg Asia, Grab partner to elevate beer consumption experience 5. Global personal luxury market projected to reach $606b by 2030Awards
Jun
11