Retail & Consumer Goods Archives | Be Korea-savvy

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Naver Line Helps Users Avoid Awkward Misplaced Messages

Naver Line Helps Users Avoid Awkward Misplaced Messages

SEOUL, Nov. 17 (Korea Bizwire) –Naver Line has jumped ahead of its fellow South Korean instant messaging service KakaoTalk by upgrading its text delete capabilities. Previously, deleting a wrongly sent text would only make the mistake disappear on the sender’s screen, but the message would remain on the recipient’s device. After the announcement made by [...]

Retail, Film and Finance Industries to Celebrate Mickey Mouse’s Birthday

Retail, Film and Finance Industries to Celebrate Mickey Mouse’s Birthday

SEOUL, Nov. 17 (Korea Bizwire) — A number of events are scheduled in celebration of the popular Disney character Mickey Mouse’s 89th birthday this Saturday. To celebrate the anniversary, companies from different sectors are launching a wave of promotions, with the Walt Disney Company Korea taking the lead by setting up a photo op area [...]

Battle for E-cigarettes Set to Intensify in S. Korea

Battle for E-cigarettes Set to Intensify in S. Korea

SEOUL, Nov. 17 (Korea Bizwire) — Lee Tae-kyung, a 37-year-old office worker who has been smoking for 15 years, recently switched to an e-cigarette that heats tobacco without burning. “This is said to be less harmful than traditional cigarettes,” Lee said, as he took a puff on his pen-shaped contraption at a designated smoking zone [...]

Myeongdong 8th Most Expensive Retail Zone in the World

Myeongdong 8th Most Expensive Retail Zone in the World

SEOUL, November 16 (Korea Bizwire) – A new report has revealed that Myeongdong is the 8th most expensive place for commercial rents in the world, following the likes of Fifth Avenue in New York and Causeway Bay in Hong Kong. Global property consulting firm Cushman & Wakefield named Myeongdong, one of the biggest shopping districts in [...]

S. Korea Pushes for Anti-Dumping Duties on Imported Coated Paper

S. Korea Pushes for Anti-Dumping Duties on Imported Coated Paper

SEOUL, Nov. 16 (Korea Bizwire) — South Korea’s trade commission said Thursday it will call on the government to levy anti-dumping duties on coated printing paper from Japan, China and Finland to protect the local industry from being hurt by cheap imports. The Korean Trade Commission (KTC) under the trade ministry launched the anti-dumping investigation [...]

Preorders for Latest HNB E-Cig “Lil” Hit 10,000 in 2 Days

Preorders for Latest HNB E-Cig “Lil” Hit 10,000 in 2 Days

SEOUL, Nov. 15 (Korea Bizwire) – KT&G has exhausted its 10,000-unit supply of its HNB e-cigarette “Lil” within two days, according to the South Korean tobacco firm. Sold at GS25 convenience stores throughout the Seoul area, the pre-orders began on November 13 and ended around 5 p.m. the following day. Buyers can pick up their [...]

South Korean Vacuum Bottles, Baby Products Popular During Chinese Singles’ Day

South Korean Vacuum Bottles, Baby Products Popular During Chinese Singles’ Day

SEOUL, Nov. 14 (Korea Bizwire) – South Korean companies had a lucrative Chinese Singles’ Day season, with hot water bottles, baby products and cosmetic facial masks among the most popular items. Lock & Lock racked up a total of 5.8 billion won in sales on China’s Singles’ Day, up 12 percent from last year. Sales [...]

South Koreans’ Consumer Satisfaction Rises on Improvements in Key Sectors

South Koreans’ Consumer Satisfaction Rises on Improvements in Key Sectors

SEOUL, Nov. 14 (Korea Bizwire) – South Koreans’ satisfaction with their consumer life rose compared to two years ago on the back of improvements in key sectors such as food and clothing, a poll showed Tuesday. The index gauging consumer satisfaction rose 12.8 points from 63.8 in 2015 to 76.6 this year, according to the [...]

China’s Singles’ Day Signals End of THAAD Retaliation

China’s Singles’ Day Signals End of THAAD Retaliation

SEOUL, Nov. 14 (Korea Bizwire) — South Korean companies enjoyed increased sales during Chinese Singles’ Day over the weekend, signaling the end of China’s year-long THAAD retaliation. Sales at major duty-free stores including Lotte and Shilla increased by up to 30 percent among Chinese customers, while sales at online shopping giants Gmarket and Global Hmall nearly [...]