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Trend specialist Charlie Clark from global trend forecasting agency World’s Global Style Network gave a speech about “The Future of Beauty 2020” on April 15 during an event titled “Make Up in Seoul...
Sales at South Korean duty-free stores hit a new monthly high in March to breach the 2 trillion-won ($1.76 billion) mark for the first time, industry data showed on April 15. The combined sales o...
Cash-strapped E-Land Group announced April 11 that it would spin off its food and dining unit from its subsidiary E-Land Park. E-Land Park has two different business units — hotels and dining. The S...
Amorepacific Group said on April 10 that its leading brand Laneige has entered the European market as South Korea’s leading cosmetics maker accelerates its overseas push. Products of Amorepacific...
Kurly, a grocery delivery platform operator, on April 4 announced that it had closed its series D round having raised 100 billion won ($88.01 million). According to Kurly, existing investors includi...
Retail giant Lotte’s startup accelerator arm Lotte Accelerator announced on March 29 that it has invested 1.5 billion won ($ 1.31 milliom) in shared kitchen service startup Simple Project. “We see t...
Global trend forecasting agency World’s Global Style Network announced plans to launch its new beauty forecasting platform on April 10. The company decided to launch a separate platform, instead o...
Global trend forecasting agency World’s Global Style Network on March 26 held the “2019 Rising Consumer Trend” seminar in Samseong, an affluent neighborhood in Gangnam, Seoul. During the seminar, ...
Lotte Duty Free said on March 25 that it has opened stores in Australia and New Zealand, making it the first South Korean duty-free operator to make inroads into the Oceanian region. A ceremony t...
South Korean cosmetic giant Amorepacific hosted its yearly marathon in Busan on March 24, seeking to raise public awareness on breast cancer. With some 5,000 participants, the event consisted of a t...
E-Land Retail, subsidiary of South Korean retail conglomerate E-Land Group, said on March 21 it has decided to delay its plan to go public this year and repurchased its own shares to return investmen...
South Korean e-commerce company WeMakePrice will start operating a food delivery platform from April, according to sources on March 22. The company aims to take around 5 percent sales as commission,...
Shares of YG Entertainment , the former management company of Seungri who is at the center of a sex bribery and corruption scandal, took a toll on March 21 one day after the National Tax Service ra...
Hotel Shilla CEO Lee Boo-jin has been embroiled in a scandal involving the illegal use of propofol, a highly addictive anesthetic drug which could be lethal when overdosed. The latest scandal inv...
Two local small and medium-sized duty-free operators have been chosen to operate the country’s first arrival duty-free shops at Incheon International Airport, west of Seoul. Incheon International...
Chaotic market puts fate of Korean M&As to test
Woowa Brothers to sue scammers posting fake food reviews
[Second Opinion] Conversation with Tada driver, before service is disbanded
Non face-to-face food ordering services popular amid social distancing trend
Overseas property investments to take hit from coronavirus
SendBird boosts in-app API with voice, video functions
Hosts angry at Airbnb for COVID-19 policies
NPS contemplates stance on fate of Hanjin KAL chairman
March 31, 2020
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