SEOUL, Korea, Feb 10 (Korea Bizwire) – As more and more people purchase goods online overseas, a new type of service offering shipping to these customers has become one of the hottest businesses. These companies locate distribution centers overseas and deliver goods through these centers for a fee. For example, Malltail, Korea’s largest delivery agent, boasts its [...]
SEOUL, Korea, Feb 7 (Korea Bizwire) – GS Retail Co., the company operating convenience stores under the brand name of GS25, won a certification for having introduced the performance-sharing scheme from the state-run Large & Small Business Cooperation Foundation. Under a performance-sharing scheme, a large corporation leads initiatives in product development, quality control, productivity enhancement, and cost [...]
SEOUL, Korea, Feb 5 (Korea Bizwire) – The three foreign fashion brands, including Uniqlo, Zara, and H&M, which account for more than 50 percent of the domestic budget-price apparel market, are moving aggressively this year to expand in Korea. According to fashion industry sources on February 4, Japan’s Uniqlo, Zara of Spain, and Swedish clothier Hennes [...]
SEOUL, Korea, Feb 4 (Korea Bizwire) – Home appliance makers are now competing based more on aesthetic quality than over technical superiority. For example, Samsung’s Zipel Food Showcase refrigerator (FS9000) has divided its cold storage into two parts–”In-case” and “Showcase”–so that users can store infrequently used items inside while putting items like milk and juice in [...]
LOS ANGELES, Jan 30, 2014 (Korea Bizwire) – Mirabella, a new Los Angeles-based company, recently launched its new product line of fashionable accessories for UGG® and other shearling boots. This revolutionary, original product takes the power of fashion design and puts it in the hands of women and girls across the country, allowing them to create [...]
SEOUL, Korea, Jan 29 (Korea Bizwire) – The National Statistical Office announced on January 27 the “six promising consumer trends of 2014″ based on consumer and social data, which included the digital erasing job, thrifty wedding planning, marketing for middle-aged women, items for long-distance couples, pet caring services, and community-based business. With more and more people [...]
FORT LAUDERDALE, FL, Jan 28 (Korea Bizwire) – FONU2 is pleased to announce a fast, easy and secure way for entrepreneurs to start their own business and begin earning capital right away, thanks to the soon-to-be-launched FONU2 website. Using FONU2′s distinctive social commerce platform, members can register their new business via the mobile app or secure website. [...]
SEOUL, Korea, Jan 27 (Korea Bizwire) – As smartphones are ubiquitous and more and more wearable computing devices are available on the market, the number of patent applications related to smart glasses is rapidly on the rise. According to the Korea Intellectual Property Office, the number of smart glasses patents applied in 2009 was 29, followed [...]
SEOUL, Korea, Jan 27 (Korea Bizwire) – Interpark, Korea’s major online retailer, has launched on January 23 a new service called “Dynamic Price,” in which customers can bid prices from as low as 0 won for one item a day from 7 am to 12 midnight every day. The service is available both on its mobile [...]
SEOUL, Korea, Jan 24 (Korea Bizwire) – The Yangpyeong-dong area in southwestern Seoul, the home to now-defunct smokestack factory buildings, is slowly turning into an outlet shopping district. ArounZ, a large-scale outlet mall specializing in everything about coffee, from coffee beans from all across the world to coffee-making equipment and ingredients, is one of them. The [...]