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South Korean retailers are likely to deliver disappointing earnings for the second quarter on stiff competition with online operators, with industry leader E-mart expected to post the first deficit i...
South Korea’s catering and foodservice firm CJ Foodville announced on July 18 that it has secured 87.5 billion won ($74.3 million) from Chinese private equity firm Hosen Capital to further expand its...
Two South Korean duty-free operators have cemented their positions in the world’s top five travel retailers in 2018, an industry report showed on July 18. Lotte Duty Free maintained its second sp...
The chief executive officers of South Korean cosmetics firm Too Cool for School have decided to sell their stakes, according to industry sources July 17. Shim Jin-ho and Jo Hye-shin, the two co-CEOs...
Sales at South Korean duty-free stores hit a new half-year high, industry data showed July 17, on the back of the opening of new downtown shops and on-arrival duty-free shops here. The combined s...
South Korean e-commerce platform builder cafe24 announced on July 16 that it has started providing Vietnamese language service to its online shopping platform operators. “The Vietnamese e-commerce m...
South Korea’s e-commerce platform builder cafe24 said on July 11 that it has launched an artificial intelligence-powered one-stop solution for online store management. Even those engaged in a one-...
South Korea was the world’s No. 2 heat-not-burn tobacco market last year, and its growth will gather pace down the road, an industry tracker said on July 9. The size of Korea’s HNB cigarette mark...
Blue Bottle Coffee said on July 9 that it will increase the number of its outlets in South Korea to four this year. The California-based coffee company advanced to Korea in May by opening its fir...
The total value of online shopping in South Korea hit a record high in May, government data showed pn July 3, in the latest sign that a growing number of people are using computers and mobile devices...
Hyundai Home Shopping Network said on July 3 that it will launch the business in Australia next month. The 24-hour shop-at-home television channel called Open Shop will officially launch on Aug. ...
Global trend forecasting agency World’s Global Style Network’s country director Lee Chang-wook on July 2 presented “sustainable value” as one of the key future trends during the 2020 Mega Trend semin...
Korean e-commerce firm Coupang on July 1 unveiled the price list of products supplied by LG Household & Health Care , saying it was almost a third higher than the average of its other suppliers. A...
Hyundai Card and Costco have become partners. As of May 24, customers have started to pay with their Hyundai credit cards at all of the 16 Costco stores and online mall in South Korea. “This is not ...
Cash-strapped Woongjin Group announced on June 27 that it has decided to resell its stake in water purifier rental firm Woongjin Coway, which it just acquired in March this year. “We will sell Woong...
Samsung’s financial units brace for changes with new CEOs
S. Korea to launch financial data exchange platform in March
Student-led venture vibe livens up Seoul basement
S. Korea considering imposing 20% tax on cryptocurrencies
Alien Robot shows glimpse of future with robotic arm
Self-driving cars with lidar tech likely to hit Seoul roads soon
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
January 25, 2020
