SEOUL, July 27 (Korea Bizwire) — Korean Air Co. said Wednesday it will introduce KAL’s Lager, a craft beer developed in-house, to passengers in September. The South Korea’s top air carrier collaborated with Playground Brewery to create the craft beer. Commencing from Thursday, KAL’s Lager will be available for purchase at Emart 24 convenience stores [...]
SEOUL, July 24 (Korea Bizwire) — A pop-up store to mark the upcoming Seoul visit of the English football club Manchester City will be opened later this week, its operator said Monday. The pop-up store, named “Puma City,” will operate from Friday to Sunday at Lotte World Mall in Jamsil, southern Seoul, according to Lotte [...]
SEOUL, July 21 (Korea Bizwire) — South Korean cosmetics and household goods maker LG Household & Health Care Ltd. is planning to exit the cosmetics franchise business due to poor performance. The company announced the proposal of changing the franchise contract structure into a ‘merchandise supply contract’ to the owners of franchise shops, and related [...]
SEOUL, July 13 (Korea Bizwire) — South Korea’s top instant noodle maker, Nongshim Co., said Thursday it aims to triple its sales in the United States by 2030 to top the U.S. instant noodle market. “Nongshim will boost annual sales to US$1.5 billion, threefold of the current level, by 2030 and top the U.S. ramyeon [...]
SEOUL, July 13 (Korea Bizwire) — South Korea’s retail industry is on alert with anticipation of the World Health Organization (WHO) designating aspartame as a carcinogen. Discount retailer Emart Inc. plans to replace the current artificial sweetener used in its five varieties of No Brand zero-calorie cola and sparkling ade, as well as its six [...]
SEOUL, July 13 (Korea Bizwire) — Lotte Duty Free, the travel retailer of Hotel Lotte Co., said Thursday it has opened a duty-free shop at Australia’s Melbourne Airport and aims to boost annual sales to 300 billion won (US$235.4 million). In January, Lotte Duty Free won a concession to operate at a spot at Melbourne [...]
SEOUL, July 11 (Korea Bizwire) — Hyundai Home Shopping Network Corp. said Monday it will be releasing the second episode of its entertainment-style “deal commerce” program, hosted by actor Kwon Hyuk-soo, on its official YouTube channel. The concept of deal commerce was introduced in April as the industry’s first program based on the idea of [...]
SEOUL, July 10 (Korea Bizwire) — Hyundai Department Store Co. said Monday it will open the first official Disney store in South Korea near Seoul this week. The 264-square-meter Disney store in Pangyo, just south of Seoul, is set to open Tuesday, offering around 300 types of official Disney products that have never been introduced [...]
SEOUL, July 10 (Korea Bizwire) — South Korea’s major department stores are turning to the food business as part of efforts to defend against deteriorating performance resulting from an economic slump and contraction in consumption. Shinsegae Department Store has launched a complete renovation of the food court in its Gangnam outlet for the first time [...]
SEOUL, July 6 (Korea Bizwire) — Jinro, one of the most popular Korean soju brands, has been named this year’s Supreme Brand Champion by a British magazine, Jinro’s maker said Thursday. Jinro won the accolade in the annual report issued by The Spirits Business, according to HiteJinro Co. This is the first time Jinro has [...]