SEOUL, Mar. 25 (Korea Bizwire) — A number of fashion and beauty retailers have opened new hybrid stores that house numerous brands in one place, industry sources said Monday. The move is apparently aimed at putting various brands in the same store to lure more customers in a highly competitive environment driven by increasingly price-conscious [...]
SEOUL, Mar. 22 (Korea Bizwire) — The “Newtro” craze for reinterpreting the retro look is leading growth in the so-called “reform” market, where people decorate or fix their own clothes or bags in their own style. In particular, this trend is spreading further as there have been frequent scenes of buying and reproducing products on [...]
SEOUL, Mar. 20 (Korea Bizwire) — South Korean retail giants are increasingly introducing automated systems to save their employees time on simple tasks as part of efforts to adapt to a shortened workweek, industry sources said Wednesday. In July last year, South Korea adopted a 52-hour workweek for both private and public firms with 300 [...]
SEOUL, Mar. 19 (Korea Bizwire) — South Korean retail conglomerate Shinsegae Group said Tuesday its luxury concept store BoonTheShop will open at an upscale U.S. department store. The launch of BoonTheShop at Bergdorf Goodman Inc. — a luxury department store chain based in New York City — is the South Korean retailer’s third overseas outlet. [...]
SEOUL, Mar. 18 (Korea Bizwire) — With spring just around the corner in South Korea, the warm weather is attracting people to engage more in outdoor activities, boosting sales of golf equipment. Despite severe air pollution that has blanketed the Korean peninsula in recent months, and undermined sales of outdoor sports gear, golf equipment has [...]
SEOUL, Mar. 17 (Korea Bizwire) — South Korean consumers’ direct purchases of electronics and IT products through overseas online shopping malls came to a record-high level in 2018, data showed Sunday. According to the Institute for Information & Communications Technology Planning & Evaluation, South Korean consumers purchased 442.1 billion won (US$389 million) worth of home [...]
YEONGDONG, Mar. 15 (Korea Bizwire) — In Yeongdong County, North Chungcheong Province, where the country’s only grape and wine industry special zone is located, Korean oak barrels are being manufactured in large quantities for the production of alcoholic beverages. According to Yeongdong County on Thursday, the Yeongdong Oak Barrel Workshop produces oak barrels sized 5-liter [...]
SEOUL, Mar. 12 (Korea Bizwire) — South Korea will ban using radioactive materials in consumer goods this year following public concerns over radon gas emitted from various products, the government said Tuesday. The Nuclear Safety and Security Commission said the government finalized this year’s policy aimed at preventing a recurrence of radon contamination concerns, including [...]
SEOUL, Mar. 12 (Korea Bizwire) — U.S. e-cigarette maker Juul Labs Inc. is targeting to enter the South Korean market during the first half of the year, a company official said Tuesday. The Juul, rolled out by the San Francisco-based company in 2017, has become the most popular e-cigarette in America, with a market share [...]
SEOUL, Mar. 10 (Korea Bizwire) — Spike in fine dust concentrations have caused sales of air purifiers for automobiles to soar amid rising consumer health concerns, local retailers said Sunday. Data provided by E-Mart Inc., South Korea’s largest discount hypermarket chain, showed sales of vehicle dust filtering products skyrocketing 1,046 percent on-year in the March [...]