SEOUL, Oct. 19 (Korea Bizwire) — South Korean big-name beauty retailers are set to vye for a lion’s share in the country’s already saturated market, as the global heavyweight, Sephora, is set to open its first outlet in the country next week, industry sources said Saturday. Sephora will be coming to Parnas Mall in the [...]
SEOUL, Oct. 15 (Korea Bizwire) — Samsung C&T Corp., a construction and fashion unit of Samsung Group, said Tuesday that it aims to accelerate the global expansion of its fashion brand BEANPOLE through renewal efforts. Celebrating its 30th anniversary, BEANPOLE announced its renewal move to rebrand as a “heritage” brand that embraces South Korea’s unique [...]
SEOUL, Oct. 15 (Korea Bizwire) — South Korea said Tuesday that it will hold a cosmetics road show in Dubai this week to help boost exports of cosmetic products by capitalizing on the rising popularity of the Korean wave of popular culture. The K-cosmetics show, the first of its kind this year, will be held [...]
SEOUL, Oct. 14 (Korea Bizwire) — The ongoing boycott movement against Japanese products is the largest of its kind in South Korean history, led by highly motivated groups of voluntary participants. eMFORCE, a South Korean digital marketing firm, reported on Sunday that the word ‘boycott’ appeared 1.18 million times on social networks this year, which [...]
SEJONG, Oct. 13 (Korea Bizwire) — In-flight duty-free sales rose between June and September this year, data showed Sunday, defying market expectations that they may decline after the opening of on-arrival duty-free shops. South Korea’s first on-arrival duty-free stores opened at Incheon International Airport in late May in a bid to reduce discomfort experienced by [...]
SEOUL, Oct. 11 (Korea Bizwire) — Advertisements of Japanese products in South Korea have plummeted following Japan’s export restrictions imposed against South Korea. Media Audit Korea, a South Korean media management firm, reported that Japanese advertisements in the country’s top four media platforms including television, radio, newspaper, and magazines turned out to have spent 7.2 [...]
SEOUL, Oct. 10 (Korea Bizwire) — The South Korean boycott of Japanese products, popularized by its slogan ‘I Will Not Buy, I Will Not Go, and I Will Not Wear”, marked 100 days on Tuesday. Some South Koreans are now purchasing Japanese products, but the voluntary participation of the public still leaves little room for [...]
SEOUL, Oct. 10 (Korea Bizwire) — Foreign consumers online picked K-Beauty products, such as cosmetics and perfume, as their preferred items to buy when they visit South Korea. The Korea International Trade Association (KITA) conducted a survey of 460 foreign consumers using Kmall24, an online shopping mall for foreigners run by the agency. Among the [...]
SEOUL, Oct. 4 (Korea Bizwire) — Foreign companies disguised as Korean brands to piggyback on the Korean Wave are spreading overseas. Rep. Kim Gyu-hwan reported on Wednesday that the rising popularity of K-pop, K-beauty, and other Korean cultural exports have been boosting demand for Korean goods and services worldwide, which are being exploited by many [...]
SEOUL, Oct. 4 (Korea Bizwire) — Advanced information and communication technology (ICT) for companion animals is spreading. The Institute of Information and Communications Technology Planning and Evaluation (IITP) said in a recent report that with an increase in the development of devices and systems related to pets incorporating technologies based on the Fourth Industrial Revolution [...]