SEOUL, Oct. 19 (Korea Bizwire) — Despite the prolonged economic recession resulting from the outbreak of the COVID-19 pandemic, sales of luxury items have marked a sharp increase. According to the Ministry of Trade, Industry and Energy, sales of luxury items at the nation’s major department stores were up 9.2 percent year on year in [...]
SEOUL, Sept. 21 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, said Monday it plans to launch a hair loss treatment device within this year. South Korea’s drug safety ministry recently approved the LG Pra.L MediHair as a laser apparatus for medical use, according to the company. LG said [...]
SEOUL, Sept. 21 (Korea Bizwire) — With the number of people losing hair increasing rapidly – particularly among the youth – in China, the nation’s imports of hair loss products from South Korea recently shot up. According to the Shenyang Office of the Korea Trade-Investment Promotion Agency (KOTRA), China’s imports of hair loss prevention products [...]
SEOUL, Aug. 19 (Korea Bizwire) — Along with an increase in the number of days with high humidity of about 90 percent resulting from the record long rainy season, cosmetics items products designed to keep the skin from becoming sticky are enjoying rising popularity in South Korea. Olive Young, the leading health and beauty store [...]
SEOUL, July 17 (Korea Bizwire) — Once criticized for incinerating unsold products rather than selling them at discounted prices, luxury brands are shifting towards environment-friendly practices by actively making use of eco-friendly materials. British luxury brand Burberry, for example, plans to expand the application of the eco-friendliness guarantee standard which is now applied to a [...]
SEOUL, July 16 (Korea Bizwire) — In Hongdae, Seoul’s popular district for its upbeat nightlife and indie scene, a long line is sometimes formed for hours on end. A casual observer might imagine a celebrity meet-and-greet event or a line to buy tickets for a rock concert. In fact, they wait for hours to buy [...]
SEOUL, July 13 (Korea Bizwire) — The coronavirus is bringing an unexpected change to makeup trends in South Korea. Among today’s beauty YouTubers, so-called “foundation-free” makeup techniques are increasingly popular. Foundation-free makeup techniques refer to a trend in which the basic makeup essential foundation is omitted. The key factor behind the rising popularity of this [...]
SEOUL, July 2 (Korea Bizwire) — The French luxury brand Christian Dior began to raise prices of its major bags Thursday, industry sources said, as people’s demand for luxury goods has not been subdued even amid the pandemic-caused economic slump. Dior will increase the price tags of its major products, including Dior Lady bags, by [...]
SEOUL, June 22 (Korea Bizwire) — Once a symbol of gang life and sometimes an escape route for dodging mandatory military service, tattoos have long been associated with anti-social behavior in South Korea. But that notion is quickly changing thanks to a new wave of delicate and minimally designed tattoos, inked with pastel-colored hues. Patterns [...]
SEOUL, June 19 (Korea Bizwire) — When Kim Ga-in, a Seoul resident, climbed a mountain on Sunday, the 27-year-old woman did not wear hiking pants or shorts or other traditional trekking clothes. Instead, she went with a more comfortable option that would have been unheard of among hikers a generation ago: leggings. Her sister, Do-hee, [...]