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Zara Showcases Augmented Reality Mobile App

Zara Showcases Augmented Reality Mobile App

SEOUL, Apr. 12 (Korea Bizwire) — Global fashion brand Zara unveiled its augmented reality (AR) technology-based mobile application on Thursday to provide a better shopping experience for consumers amid a growing popularity of online malls. The app, Zara AR, shows models wearing selected clothing items when users hold their mobile phones towards a censor inside [...]

Busan City to Build Fashion Center to Help Foster Textile Industry: Official

Busan City to Build Fashion Center to Help Foster Textile Industry: Official

BUSAN, Apr. 12 (Korea Bizwire) — The Busan municipal government said Thursday it will build a fashion business center in the city’s central region to help foster the textile and fashion industry in South Korea’s second-biggest city. The six-story Busan Fashion Business Center will be built on 1,613 square meters of land in Beomil-dong with [...]

Online Shopping Mall Stylenanda in Spotlight After L’Oreal Bid Rumors

Online Shopping Mall Stylenanda in Spotlight After L’Oreal Bid Rumors

SEOUL, Apr. 11 (Korea Bizwire) — South Korean online shopping mall Stylenanda is drawing attention in the e-commerce industry amid rumors French cosmetic giant L’Oreal is bidding to acquire the website. According to investment bank sources on Tuesday, Nanda, which operates the online clothing shop Stylenanda and cosmetics brand 3 Concept Eyes (3CE), is reportedly planning [...]

Sales of Masks, Cleansers for Babies Jump amid Growing Fine Dust Concerns

Sales of Masks, Cleansers for Babies Jump amid Growing Fine Dust Concerns

SEOUL, Apr. 6 (Korea Bizwire) — Sales of hand cleansers and laundry detergents for babies have risen sharply amid growing concerns over worsening levels of fine dust in the air, local businesses said Friday. South Korea has been suffering from worsening air pollution caused by fine dust particles emitted both at home and from China, [...]

S. Korean Cosmetics Makers Hope for Rebound amid Beijing’s Move to Lift Sanctions

S. Korean Cosmetics Makers Hope for Rebound amid Beijing’s Move to Lift Sanctions

SEOUL, April 5 (Korea Bizwire) — South Korea’s cosmetics makers expect a rise in sales this year as China moves to lift economic measures implemented in retaliation over the deployment of a U.S. anti-missile defense system here, industry sources said Thursday. South Korea’s makeup industry have enjoyed robust growth in recent years helped by “hallyu,” [...]

Lotte to Unify Its Fashion Businesses Under Apparel Arm

Lotte to Unify Its Fashion Businesses Under Apparel Arm

SEOUL, Apr. 4 (Korea Bizwire) — South Korean retail giant Lotte said Wednesday it will unify the management of its scattered fashion businesses under the group’s apparel affiliate to improve its competitiveness in the local market. Lotte Shopping Co., the operator of the conglomerate’s department store chain, has decided to transfer its global fashion business [...]

Hotel Shilla Reaches Agreement with Airport over Duty-Free Shop Rental Fees

Hotel Shilla Reaches Agreement with Airport over Duty-Free Shop Rental Fees

SEOUL, April 3 (Korea Bizwire) – Hotel Shilla Co. said Tuesday it has accepted the airport operator’s offer to cut rental fees for its duty-free concessions at Incheon International Airport by 27.9 percent, a deal that could help the bottom line of the country’s second-largest duty-free operator. Incheon International Airport Corp. has also suggested adjusting fees to reflect the drop in the number of customers caused by the opening of a [...]

DFS Operating Profits Nosedive amid Keen Competition, Chinese Sanctions

DFS Operating Profits Nosedive amid Keen Competition, Chinese Sanctions

SEOUL, Apr. 3 (Korea Bizwire) — Operating profits of South Korea’s duty-free shops declined sharply in general last year due to the cutthroat competition to attract Chinese tourists, and over Beijing’s economic retaliation against the deployment of a U.S. anti-missile defense system here, industry sources said Tuesday. Chinese travel agencies have suspended sales of tour [...]