SEOUL, Sept. 21 (Korea Bizwire) — Smartphone shipments in South Korea declined more than 13 percent on-year in the second quarter, recent data showed Thursday, as demand remained sluggish over economic uncertainties. The total shipment came to approximately 2.8 million units for the April-June period, down 13.2 percent from a year ago, as “demand for [...]
SEOUL, Sept. 18 (Korea Bizwire) – On Monday, Pro-Specs announced a new service called ‘One Spec’ that allows you to create personalized sneakers tailored to the shape of your own feet. Here’s how it works: You simply take a photo of your feet using your smartphone and then upload it to the official Pro-Specs website. [...]
SEOUL, Sept. 12 (Korea Bizwire) — Hyundai Department Store has announced that it’s launching an exclusive online shopping space for its VIP customers. This is a first in the industry. This special online mall, called ‘RSVP,’ is part of Hyundai’s official online mall, ‘The Hyundai.com,’ and only VIP customers are allowed in. When VIP customers [...]
SEOUL, Sept. 12 (Korea Bizwire) — An increasing number of companies are taking proactive steps towards establishing resource recycling systems. On Monday, LG Household & Health Care announced a significant initiative in which the company will utilize paper crafted from recycled aseptic drink boxes for its cosmetics and toothpaste packaging. Aseptic boxes are typically employed as [...]
SEOUL, Sept. 6 (Korea Bizwire) — Lotte Mart, one of South Korea’s major supermarket chains, will create special shopping zones for foreign visitors at its branches frequently visited by inbound travelers, its operator said Wednesday. Last month, Lotte Mart first created a 20-meter-long special shopping zone, named “Must-Haves of Korea: K-Food,” at its Seoul Station [...]
SEOUL, Sept. 4 (Korea Bizwire) – Sept. 15 will mark the 60th anniversary of Korean ramen’s birth. In its early days, ramen (Korean instant noodles) was considered the quintessential “common people’s food” — a quick and simple meal. However, it has now evolved into a global culinary phenomenon, leading the charge in domestic food exports. [...]
SEOUL, Sept. 4 (Korea Bizwire) — Not only is the domestic food and retail industry venturing into the production and sale of health functional foods, but the cosmetics sector is also making strides in this field. As the market expands, companies are placing significant emphasis on setting themselves apart to gain a competitive edge. Binggrae [...]
SEOUL, Aug. 29 (Korea Bizwire) — Retail sales in South Korea rose 5.9 percent on-year in July as more people enjoyed outdoor activities for summer vacation amid eased antivirus curbs, the industry ministry said Tuesday. The combined sales of 25 major offline and online retailers came to 14.73 trillion won (US$11.12 billion) last month, compared [...]
SEOUL, Aug. 25 (Korea Bizwire) — E-Mart24 Inc., one of South Korea’s major convenience store (CVS) chains, has signed an initial agreement with a South Korean real estate service company and a Cambodian food and beverage group to make inroads into the Cambodian market, company officials said Friday. E-Mart24 signed a memorandum of understanding (MOU) [...]
SEOUL, Aug. 23 (Korea Bizwire) — South Korean bakery brand Tous les Jours has opened its 100th store in the United States, its operator said Wednesday, adding it aims to open up to 1,000 stores in the U.S. by 2030. Tous les Jours has opened its 100th shop in Bronxville, New York, according to CJ [...]