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Soft Power to Hard Numbers: K-Consumer Goods Record Explosive Growth

Soft Power to Hard Numbers: K-Consumer Goods Record Explosive Growth

SEOUL, Nov. 18 (Korea Bizwire) — South Korea’s consumer goods exports—long considered a supporting player to the country’s heavyweight industries—are rapidly emerging as a new growth engine, fueled by the global spread of Hallyu and the runaway popularity of titles like the animated film K-Pop Demon Hunters. Government data show that exports of K-food, K-beauty, and [...]

Gov’t to Roll Out Plan Aimed at Expanding Exports of Korean Lifestyle Goods

Gov’t to Roll Out Plan Aimed at Expanding Exports of Korean Lifestyle Goods

SEOUL, Nov. 12 (Korea Bizwire) — South Korea is preparing to roll out a sweeping plan this year to boost exports of its consumer goods, riding a wave of global enthusiasm for Korean food, beauty, and fashion, the Ministry of Trade, Industry and Resources said Wednesday. Trade Minister Yeo Han-koo outlined the strategy in a meeting [...]

Men Emerge as New Growth Engine for K-Beauty as Grooming Market Expands

Men Emerge as New Growth Engine for K-Beauty as Grooming Market Expands

SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s once-niche men’s cosmetics industry is rapidly emerging as a major growth engine for K-beauty, driven by changing attitudes toward grooming and self-care among younger male consumers. Once limited to simple skin lotion sets, the market has expanded to include makeup, fragrance, and scalp-care products as more men embrace [...]

Beauty Brands Turn to In-Store Experiences to Win Over Consumers

Beauty Brands Turn to In-Store Experiences to Win Over Consumers

SEOUL, Oct. 21 (Korea Bizwire) — With competition in the cosmetics industry intensifying, major South Korean beauty brands are increasingly turning their stores into immersive spaces where customers can test products and experience the essence of each brand beyond the counter. APR Co. operates “Space Dosan” in Seoul’s Sinsa-dong, where visitors can try its Medicube skincare [...]

Retailers Woo Foreign Tourists With K-Beauty, K-Pop, and Cultural Experiences

Retailers Woo Foreign Tourists With K-Beauty, K-Pop, and Cultural Experiences

SEOUL, Oct. 20 (Korea Bizwire) —  As the Korean Wave continues to attract record numbers of foreign visitors, South Korean retailers are ramping up tailored marketing to meet the growing demand for K-beauty, K-pop, and cultural experiences. According to industry data released on October 19, the number of foreign tourists visiting Korea reached 12.38 million between [...]

Seoul Invests in AI Recycling to Curb Fast-Fashion Waste

Seoul Invests in AI Recycling to Curb Fast-Fashion Waste

SEOUL, Oct. 8 (Korea Bizwire) — South Korea is turning to artificial intelligence to address a mounting environmental challenge: the massive volume of discarded clothing fueled by fast fashion. The Ministry of Climate, Energy and Environment announced Wednesday that it will invest 25 billion won ($18 million) through 2030—including 17.5 billion won in government funding—to [...]

Boom in Cosmetic Clinics Deepens Divide as Pediatric, Obstetrics Services Decline

Boom in Cosmetic Clinics Deepens Divide as Pediatric, Obstetrics Services Decline

SEOUL, Oct. 6 (Korea Bizwire) — South Korea’s healthcare landscape is growing increasingly polarized as profit-driven clinics such as cosmetic surgery and dermatology offices multiply, while essential medical services like pediatrics and obstetrics continue to decline. According to data from the Health Insurance Review and Assessment Service obtained by Rep. Kim Mi-ae of the National Assembly’s [...]

Once-Faded Fashion Labels Stage a Comeback, Riding Y2K Nostalgia

Once-Faded Fashion Labels Stage a Comeback, Riding Y2K Nostalgia

SEOUL, Sept. 15 (Korea Bizwire) — Some of the fashion labels that once defined the wardrobes of South Korea’s Y2K generation are staging a comeback, blending heritage with contemporary appeal to reach both nostalgic older shoppers and trend-conscious younger consumers. Reebok has reintroduced its classic “Club C 85” sneakers in a limited-edition model marking the [...]

Hyundai Department Store to Showcase K-Fashion at Tokyo Girls Collection

Hyundai Department Store to Showcase K-Fashion at Tokyo Girls Collection

SEOUL, Sept. 2 (Korea Bizwire) — Hyundai Department Store said Monday it will stage a special “The Hyundai Global Stage” at the upcoming Tokyo Girls Collection (TGC), marking the first time the Japanese fashion showcase will dedicate a runway to Korean brands. The event, set for Sept. 6 at Saitama Super Arena near Tokyo, is Japan’s [...]