SEOUL, Aug. 7 (Korea Bizwire) – Korea’s global cosmetics brand Tonymoly announced that it has opened a store in Manhattan in New York and will expand its business to all across the United States by the end of this year. Tonymoly has currently opened store locations in New York, Virginia, Hawaii and Guam, and sells its products [...]
SEOUL, July 29 (Korea Bizwire) – Home Plus, Korea’s top-three discount retailer, is under siege for allegedly deceiving its customers by not giving away awards in sweepstakes. In an MBC-TV program “Current Affairs Magazine 2580″ aired on July 27, a segment featured Home Plus and its suspicious practice in rigging lot results. According to the program, there [...]
SEOUL, July 28 (Korea Bizwire) — To a question “What is your favorite brand when you plan to buy a new smartphone?” Samsung Electronics topped the list with about 30 percent of respondents said they want to choose Samsung’s, according to a recent survey conducted by the Credit Suisse Research Institute (CSRI). CSRI announced its survey results on July [...]
SEOUL, July 28 (Korea Bizwire) — A score of Korean companies supplying goods for babies and toddlers have set up booth in one of the world’s largest trade shows in Shanghai. The Korea International Trade Association said on July 24 that it took part in the 14th Shanghai Children Baby Maternity Products Expo held in the Shanghai New International [...]
SEOUL, July 26 (Korea Bizwire) – Following the suit of major luxury brands, such as Hermes, Luis Vuitton and Chanel in the first half of this year, Italian luxury brand Prada also joined the bandwagon of raising prices on its luxury goods lineups here in Korea. The brands gave several reasons about the decision: the increased personnel expenses and [...]
SEOUL, July 24 (Korea Bizwire) – Lotte Fitin, Korea’s one of the largest department stores located in the fashion town of Seoul, Dongdaemoon, is savoring the “Peng Liyuan effect” as the store’s sales skyrockets after a visit from China’s first lady early this month. Lotte Fitin announced on July 22 that since the surprise visit [...]
SEOUL, July 23 (Korea Bizwire) – Amid the situation where personal information breaches continue, online retailers are still negligent in managing their customers’ data. According to a data by the Seoul Electronic Commerce Center on July 22, a quasi-public organization established jointly by the Consumers Union of Korea and the Seoul City Government, based on a survey [...]
YONGIN , July 17 (Korea Bizwire) – 3D Story Corp., a 3D printer content maker, said on July 16 that it has begun a commercial business to make dolls resembling the fetus in the womb based on ultrasound scan data. The company has developed a software program that converts 3D ultrasound data into a 3D printer-ready format and [...]
SEOUL, July 16 (Korea Bizwire) – Thanks to the upcoming visit of Pope Francis to Korea in August, the Korean publishing world enjoys favorable sales of books related to the pope. Besides, a score of books on his apostolic exhortation, homilies and even his life has been published and gains the public’s attentions. According to Kyobo [...]
DUBLIN, IRELAND, Jul. 15 (Korea Bizwire) – Research and Markets (http://bit.ly/1mfzwSM) has announced the addition of the “Global Digital Signage Market – Forecast to 2020: Intense competition is likely to trigger a competitive pricing war across both hardware and software offerings” report to their offering. Digital signage refers to any electronic display that broadcasts television programming, menus, [...]