BUSAN, May 19 (Korea Bizwire) – NOMU. No More Uncles. It’s a new acronym aimed at older men who are seeking a younger lifestyle. Korean men are increasingly taking care of their looks. Men are investing more time and money in shopping, and in grooming themselves; even older men, the majority of whom used to [...]
SEOUL, May 18 (Korea Bizwire) – The SPC Group, a leading South Korean conglomerate that runs bakery brand Paris Baguette, is currently working to register the genome of its new yeast for bread (SPC-SNU 70-1) with the U.S. National Center for Biotechnology Information (NCBI) database. The SPC Group jointly developed the yeast with Seoul National [...]
SEOUL, May 18 (Korea Bizwire) – On May 17, Emart reported that its online sales had increased by more than 50 percent compared to last year, as a result of the company’s ‘Ultimate Lowest Price’ project. Under this initiative, certain products are sold at prices lower than those found at both offline and online markets. [...]
SEOUL, May 16 (Korea Bizwire) – The humidifier sterilizer controversy is extending further to typical retail printed receipts, with consumer anxiety on the rise. Several environmental organizations are claiming that bisphenol-related substances used in making receipts can be health-damaging. But related businesses are rejecting the claim, insisting that there is no proven relationship. Authorities are also looking [...]
SEOUL, May 14 (Korea Bizwire) – With the latest controversy over the humidifier sterilizer scandal, consumers are become more anxious regarding daily products that contain chemicals. Fear and suspicion over chemical content are causing an overall decline in purchases of these products. Experts advise that the widespread fear over general daily products is unnecessary, and [...]
SEOUL, May 12 (Korea Bizwire) – A new fashion trend called athleisure is popular among Koreans these days, and the scope of its acceptance is rapidly expanding into children’s clothing as well. Hansae Dreams, a children’s clothing company, has expanded PlayKids Pro, a children’s sportswear multi-shop that first opened in July 2015, to 31 branches. The [...]
SEOUL, May 12 (Korea Bizwire) – Lotte.com, a major Korean online shopping mall, is offering a new custom-tailored shirt service that offers customers the convenience of placing orders from home, along with a men’s shirt brand called Luke & Dan. According to Lotte, the new tailoring service does not require customers to visit a store [...]
SEOUL, May 10 (Korea Bizwire) – Sales of high-heel shoes are on the decline as Korean women are increasingly seeking shoes with lower heels. According to Kumkang, a major shoemaker in Korea, high heels (taller than 7cm) accounted for only 54 percent of its women’s footwear sales in 2015. The figure was 83 percent in [...]
SEOUL, May 5 (Korea Bizwire) – With the recent controversy over humidifier disinfectants, consumers are becoming increasingly mistrustful of household products that include chemicals. As there were no regulations regarding these products for more than 10 years between 2001 and 2011, there is no way of identifying whether toxic substances are present in the various [...]
SEOUL, May 4 (Korea Bizwire) – The marriage season is back, and with it is the Korean penchant for lavish wedding gifts. In a fortuitous coincidence, it just so happens that high-end brands like Chanel and Bottega Veneta are adjusting their product prices upward. According to representatives from the retail and fashion industries, Chanel will [...]