South Korea

Korea retail sales increase 9.2% in August

It was led by strong online growth.

Korea retail sales increase 9.2% in August

It was led by strong online growth.

Starbucks opens first reserve-only store in Seoul, South Korea

Jangchung Lounge R also features a 'Mixology Bar.’

South Korea retail sector up 6.3% YoY in July

Offline sales, however, declined by 3%.

South Korea e-commerce market to reach $170.1b by 2028

This is attributed to high-speed internet, secure payments, and growing consumer trust in online shopping.

Foot Locker to exit South Korea

It plans to complete the closures and transfers by mid-2025.

IKEA South Korea rolls out new automated fulfillment technology

This system will handle approximately 2,000 orders daily.

Korea launches new strategy to boost textile and fashion industry

It includes developing world-class technologies in high-performance aramids, carbon fibers, and electronic textiles by 2030.

CJ products return to Coupang after 20-month hiatus

CJ CheilJedang halted sales of its products to Coupang in December 2022.

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.

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.