SEOUL, Apr. 25 (Korea Bizwire) — Last summer, Seoul Mayor Park Won-soon did a ‘one-month stay’ in a rooftop house in Seoul without a single air conditioner. He coursed through the summer’s blazing heat with a single electric fan, gifted to him by South Korean President Moon Jae-in. His modest lifestyle inspired many, particularly when [...]
SEOUL, Apr. 24 (Korea Bizwire) — The value of cosmetics and clothes purchased with credit cards continues to decline. The decrease in spending has been seen by some as a clear sign that consumers are weighing the cost-effectiveness of their options when making purchasing decisions. According to the Bank of Korea on Tuesday, credit card [...]
SEOUL, Apr. 24 (Korea Bizwire) — More and more South Koreans are buying beauty devices at home without going to dermatology or skin care centers, and choosing instead to take care of their own looks. Shopping portal Auction reported on Tuesday that sales of some home beauty device products jumped 55-fold in the month of [...]
SEOUL, Apr. 22 (Korea Bizwire) — The scope of collaboration between fashion and art is expanding day by day. Fashion companies release products featuring works of artists such as painters and photographers. Furthermore, cultural marketing campaigns that utilize works and designs of famous artists are emerging. Such an approach can be seen as a strategy [...]
SEOUL, Apr. 19 (Korea Bizwire) – South Korean boy band sensation BTS’s new album, “Map of the Soul: Persona,” is sweeping across music charts in the United States, the United Kingdom, and Japan. The BTS fever is also hot on eBay, where K-pop related goods have recently seen a surge in popularity eBay Korea announced [...]
SEOUL, Apr. 18 (Korea Bizwire) — Online retailers in South Korea are scrambling to offer eco-friendly delivery services as environmental awareness is spreading among local consumers. Hello Nature, a South Korean online food market, announced on Wednesday that it will replace all delivery materials with boxes made of recyclable woven polyethylene and ice packs made [...]
SEOUL, Apr. 17 (Korea Bizwire) — A number of unique pet products are being released in South Korea as more and more people are becoming pet owners. Some of the new offerings include chicken soup, and even beer. Gmarket, a major South Korean online shopping portal, announced on Tuesday that pet product sales over the [...]
SEOUL, Apr. 16 (Korea Bizwire) – Outdoor gear and clothing stores in South Korea, stricken with a prolonged downturn in demand, are tapping into fishing gear to win back customers, as more and more people are intrigued by fishing thanks to a Korean television program about fishermen. Millet, K2, Columbia and other outdoor brands are scrambling to [...]
SEOUL, Apr. 15 (Korea Bizwire) — Sales at South Korean duty-free stores hit a new monthly high in March to breach the 2 trillion-won (US$1.76 billion) mark for the first time, industry data showed Monday, despite a recent Chinese regulation placed on small-scale vendors. The combined sales of local duty-free shops reached 2.16 trillion won [...]
SEOUL, Apr. 11 (Korea Bizwire) — Since the beginning of this year, disposable plastic bags have been banned at large retailers. As the crackdown began this month, “green” alternative products such as reusable shopping bags and tarpaulin bags are gaining popularity. Gmarket, an online shopping site run by eBay Korea, said on Wednesday that sales [...]