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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...
Retail sales in South Korea increased in May from a year earlier as online malls continued to attract more customers with faster delivery services and wider selections, data showed on June 27. Th...
South Korea’s antitrust regulator said on June 25 that it has fined McDonald’s Korea 52 million won ($45,000) for violating the law on franchise business. McDonald’s Korea is accused of accepting...
Rawrow on June 20 announced that it had signed a contract to get funding from Shinsegae International , a fashion arm of Korean conglomerate Shinsegae. According to Rawrow, it handed some of its s...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 20, 2021
