Beauty & Fashion Archives | Be Korea-savvy

Archive by category Beauty & Fashion

Revenge Spending and Online Shopping Boost Sales of Expensive Brands

Revenge Spending and Online Shopping Boost Sales of Expensive Brands

SEOUL, April 23 (Korea Bizwire) — Although the domestic fashion market has been hit hard by the novel coronavirus outbreak expensive brands are doing well. Despite the overall slump in consumption, industry analysts say that the pent-up desire for consumption is leading to an increase in purchases of luxury goods to display wealth. At the [...]

S. Korea’s Exports of Cosmetics to Russia Jump Ninefold Since 2014

S. Korea’s Exports of Cosmetics to Russia Jump Ninefold Since 2014

SEOUL, April 22 (Korea Bizwire) — South Korea’s exports of beauty products to Russia jumped nearly ninefold in 2019 from five years earlier on the back of the growing popularity of Korean pop culture, data showed Wednesday. South Korea’s exports of beauty products to Russia reached US$137.3 million in 2019, up from $15.5 million posted [...]

Burberry Cancels Invitations of Korean Celebs to London Show over Coronavirus Concerns

Burberry Cancels Invitations of Korean Celebs to London Show over Coronavirus Concerns

SEOUL, Feb. 18 (Korea Bizwire) — British luxury brand Burberry has cancelled its invitations of South Korean celebrities and branch workers to its show at London Fashion Week due to coronavirus concerns, the company said Tuesday. Actor Yoo Ah-in and actress Gong Hyo-jin, as well as employees of Burberry Korea, were scheduled to attend the [...]

Beauty Goods Exports to Japan Up Nearly 30 pct Despite Trade Row

Beauty Goods Exports to Japan Up Nearly 30 pct Despite Trade Row

SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s exports of beauty products to Japan advanced nearly 30 percent in the first 11 months of last year, data showed Sunday, despite the ongoing bilateral trade row stemming from their shared history. Asia’s No. 4 economy shipped US$370 million worth of beauty products to Japan in the [...]

Fashion Consumers Choose Preferred Brands Based on Values and Principles

Fashion Consumers Choose Preferred Brands Based on Values and Principles

SEOUL, Dec. 31 (Korea Bizwire) — Instead of following the uniform trend and falling into a groove, 2020 will be the year of consumers choosing their preferred brands based on the beliefs and values they seek. The Samsung Fashion Institute said Monday that consumers’ needs will be increasingly fragmented next year and brands are also [...]

China Biggest Buyer of Korean Cosmetics in 2018

China Biggest Buyer of Korean Cosmetics in 2018

SEOUL, Dec. 17 (Korea Bizwire) — China was the biggest buyer of South Korean beauty products last year, accounting for more than 60 percent, a report showed Tuesday. The report compiled by the Korea International Trade Association (KITA) showed that 65.6 percent of outbound shipments of locally made cosmetics products headed to China, Hong Kong [...]