SEOUL, April 5 (Korea Bizwire) – South Korean retail chain operator E-mart Inc. said Tuesday its sales of goods produced through collaborations with local pop stars have emerged as a new cash cow on the back of their strong popularity. E-mart, which rolled out different kinds of goods designed under ties with local entertainment agency S.M. [...]
SEOUL, April 5 (Korea Bizwire) – Engaged couples are shopping online to purchase furnishings for their new homes, avoiding endless shopping and almost inevitable arguments while they purchase the items the need to start a life together. Not so long ago, couples preparing for marriage had to walk around from store to store to purchase [...]
SEOUL, April 5 (Korea Bizwire) – With Koreans adopting more of a western diet, their bodies are also being transformed, and sales of ‘big size’ shoes and clothing are on the rise. According to Kumkang, sales of shoes sized from 280 to 310mm (men) and 255 to 260mm (women) grew 28 percent last year at [...]
SEOUL, April 4 (Korea Bizwire) – LG Electronics’ new G5 premium smartphone is doing better than expected, and an accessory battery pack that accompanies the phone has received positive reviews from customers. After its launch on March 31, sales of the G5 almost tripled the first day sales of LG’s previous flagship phone, the G4. With [...]
SEOUL, April 4 (Korea Bizwire) – Samsung Electronics recently revealed a series of promotional videos for its new Q9500 ‘no-wind’ air conditioner featuring figure skater Kim Yuna. The new product keeps room temperature pleasant without producing wind. There are three parts to the video series – ‘no-wind air conditioning’, ‘no-wind dehumidification’, and ‘no-wind air purifying’. Each of [...]
SEOUL, April 4 (Yonhap) – Low-cost coffees at South Korean convenience stores are increasingly popular among price-conscious consumers, posing a threat to coffee shop franchises, industry data showed Monday. Local convenience stores have served canned coffee and instant coffee with hot water for years, but they are expanding sales of higher-quality drinks through self-serve coffee bars [...]
SEOUL, April 4 (Korea Bizwire) – Samsung Electronics Co. accounted for 68 percent of the global curved-monitor market in the fourth quarter last year, data showed Monday, amid the soaring demand from Internet cafes in China. According to the data compiled by Taiwan-based industry tracker WitsView, the South Korean tech giant stood as the dominant leader [...]
SEOUL, April 1 (Korea Bizwire) – Watsons, Asia’s largest drugstore, is launching its first official online shopping site (https://shop.watsons.co.kr) and mobile application on April 2. Watsons Korea explains that the online mall and mobile application will hold all of the various brands offline Watsons stores have in stock. To celebrate the opening, customers who sign [...]
SEOUL, April 1 (Korea Bizwire) – LG‘s new smartphone, which was launched on March 31, is drawing attention as its ancillary devices are more expensive than the phone itself. A customer would have to spend two million won to purchase the new G5 accompanied by its five ‘friends’ (accompanying devices). According to industry reports, the lowest [...]
SEJONG, March 31 (Korea Bizwire) – South Korea’s online sales to foreign customers nearly tripled last year from a year earlier on the back of rising demand for domestically produced cosmetics and clothing by Chinese consumers, a report showed Thursday. South Korean retailers sold an estimated US$130 million worth of goods to overseas customers through [...]