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GS25 Convenience Store Chain Establishes Sharing Economy Platform

GS25 Convenience Store Chain Establishes Sharing Economy Platform

SEOUL, Apr. 11 (Korea Bizwire) — Starting in June, customers are expected to be able to charge shared electric bicycles or kickboards at GS25 convenience stores. GS25 announced on Wednesday that it will set up an electric bicycle and kickboard charging service facility at its stores in partnership with the shared micro-mobility integrated platform “GoGoSing.” [...]

AmorePacific’s LANEIGE Debuts in Europe

AmorePacific’s LANEIGE Debuts in Europe

SEOUL, Apr. 10 (Korea Bizwire) — AmorePacific Group said Wednesday that its leading brand, LANEIGE, has entered the European market as South Korea’s leading cosmetics maker accelerates its overseas push. Products of AmorePacific’s mid-range LANEIGE are now available at over 800 stores of French cosmetics chain Sephora in 18 countries, including France, Russia, Spain, Italy, [...]

Early Morning Delivery Services Run Counter to Efforts to Reduce Plastic Waste

Early Morning Delivery Services Run Counter to Efforts to Reduce Plastic Waste

SEOUL, Apr. 8 (Korea Bizwire) — On April 1, plastic bags were banned from use in all department stores, malls, and shopping centers following the introduction of new legislation that will result in fines up to 3 million won if stores make use of plastic bags. While the legislation seems to be effective when it [...]

SK Telecom, Shinsegae Join Hands on Future Retail Model

SK Telecom, Shinsegae Join Hands on Future Retail Model

SEOUL, Apr. 2 (Korea Bizwire) — South Korean mobile carrier SK Telecom Co. said Tuesday it will collaborate with retail giant Shinsegae to develop a next-generation retail business model based on 5G and an advanced ICT platform. SK Telecom and Shinsegae I&C Co., Shinsegae’s IT subsidiary, signed a memorandum of understanding to develop a new [...]

Consumer Complaints About Overseas Deals Soar in 2018

Consumer Complaints About Overseas Deals Soar in 2018

SEOUL, Mar. 29 (Korea Bizwire) — South Koreans’ complaints about cross-border transactions spiked more than 40 percent in 2018 due to brisk overseas travel and direct purchases from foreign countries, a state consumer protection agency said Friday. The number of complaints about overseas direct purchases and foreign travel services came to 22,169 cases last year, [...]

High Heels Off, Sneakers On for Work

High Heels Off, Sneakers On for Work

SEOUL, Mar. 28 (Korea Bizwire) — This spring, there will be many women wearing colorful, comfortable sneakers. A growing number of women are looking for comfortable sneakers instead high-heeled shoes as light and practical casual clothes are becoming trendy for everyday wear. Sneakers are also a comfortable choice when exercising before or after one’s commute. [...]

German Drugstore Rossmann to Launch “Official Direct Market” in S. Korea

German Drugstore Rossmann to Launch “Official Direct Market” in S. Korea

SEOUL, Mar. 27 (Korea Bizwire) — German drugstore brand Dirk Rossmann GmbH announced on Tuesday that it will launch an official direct market in South Korea on May 1. Founded in 1972, Rossmann is a brand that currently operates 2,100 stores in Germany and 3,930 stores in Europe, and plans to make full-scale inroads into [...]

Growing Plants Indoors can Improve Air Quality: Study

Growing Plants Indoors can Improve Air Quality: Study

SEOUL, Mar. 27 (Korea Bizwire) — A recent study has showed that growing plants indoors can help improve air quality. The Rural Development Administration (RDA) revealed the results of the study on Tuesday, following a variety of experiments conducted on indoor plants over the last four years. “We used a special device that visualizes fine [...]

S. Korean Consumers Think Coffee is Expensive, Buy it Anyways: Study

S. Korean Consumers Think Coffee is Expensive, Buy it Anyways: Study

SEOUL, Mar. 25 (Korea Bizwire) — A recent study has showed that the most comfortable price among consumers for a cup of coffee (americano) was 2,900 won (US$2.56), much lower than the actual price of americanos being sold in most coffee shops at over 4,000 won (US$3.53). The Consumer Network for Public Interest (CNPI), a [...]

DIY Home Decorating Craze Leads to Increased Sales of Painting Products

DIY Home Decorating Craze Leads to Increased Sales of Painting Products

SEOUL, Mar. 25 (Korea Bizwire) — As spring is coming, more and more people are turning to do-it-yourself (DIY) projects to redecorate their homes. In particular, DIY painting, which offers both time and cost savings, is drawing attention to changing the mood of one’s home by choosing new colors for walls and furniture. Auction, an [...]