SEOUL, Sept. 8 (Korea Bizwire) – Galleria Duty Free 63, a duty-free store run by Hanwha Galleria, said Thursday it has picked three part-timers who will get paid US$20,000 for one week of marketing and brand-advertising activities. Galleria Duty Free 63 put out the ad for the high-paid part-timers after fully opening its outlet in [...]
SEOUL, Sept. 8 (Korea Bizwire) – E-Mart Co., South Korea’s largest discount chain, on Thursday said it will sign an agreement with Ho Chi Minh City to invest US$200 million in the area that serves as the country’s commercial hub. The memorandum of understanding (MOU), to be sealed on Friday, establishes a strategic partnership between [...]
SEOUL, Sept. 7 (Korea Bizwire) – Starting October 5, Korea will launch its first debit card cashback service at convenience stores. Although a popular practice in a number of western countries, the service has not yet been introduced to Korean consumers. In a nutshell, the service is offered to customers who wish to add a certain [...]
SEOUL, Sept. 7 (Korea Bizwire) – Cosmetics companies are launching customized services, a new business area the government adopted in March, finding colors and ingredients based on individual needs. Amore Pacific, the leading cosmetics maker that was the first to jump into the business, said Wednesday its made-to-order lipstick service at its Myeongdong store in [...]
SEOUL, Sept. 6 (Korea Bizwire) – LG Electronics Inc. will unveil a new premium smartphone this week as it seeks to revive its struggling handset business. The V20 smartphone, to be announced on Wednesday in Seoul, is the first smartphone in the world to run on Google’s latest Android mobile operating system called “Nougat.” Following [...]
SEOUL, Sept. 6 (Korea Bizwire) – South Korean consumers who already bought the Galaxy Note 7 smartphones are expected to prefer to replace their Note 7 devices with new ones rather than receive complete refunds because of a longer period for the replacement program, industry officials said Tuesday. Samsung announced a global recall of the [...]
SEOUL, Sept. 5 (Korea Bizwire) – The demand for smaller refrigerators emphasizing function and design is on the rise. Korea’s rapidly increasing number of single-person households, “value-spending” on higher-satisfaction products, and a rising consumer interest in kitchen interior design are among major factors contributing to the trend, says industry watchers. The domestic market for smaller [...]
SEOUL, Sept. 5 (Korea Bizwire) – The mass recall of the Galaxy Note 7 smartphones over faulty batteries is expected to cut Samsung Electronics Co.’s second-half operating profit by about 820 billion won (US$738.2 million), an analyst said Monday. Samsung announced a global recall of the Note 7 smartphones on Friday after some of their [...]
SEOUL, Sept. 2 (Korea Bizwire) – Hulunbuir in Nei Menggu, China, is distinguished by what is the largest grassland in the country. The region is also known for having the fourth highest level of income nationally. With the latest Korean enterprise in the region, Hulunbuir will soon be marked by its Paradise Department Store, presenting products [...]
SEOUL, Sept. 2 (Korea Bizwire) – South Korean fashion and retail conglomerate E-Land Group said Friday it has sold Teenie Weenie, a casual clothing brand, to a Chinese women’s fashion brand for 1 trillion won (US$890.7 million) as part of efforts to cut its debt. Teenie Weenie, a bear-themed casual wear brand owned by the [...]