South Korea
OUTFORM APAC secures two accolades at Retail Asia Awards 2024
Innovative retail campaigns in Japan and South Korea garner top honours for the company.
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.
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.
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AI prompts fearless dive into corporate reinvention
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Technology
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
Siam Piwat Group’s digital chief touts AI’s transformative power in boosting customer value, personalisation, and brand trust.
