BUSAN, Dec. 15 (Korea Bizwire) — South Korea’s Coast Guard has arrested a smuggling ring accused of importing thousands of counterfeit luxury goods from China and selling them online, prompting several global fashion houses to issue formal letters of appreciation — an unusually public response from brands that rarely acknowledge enforcement actions. The South Regional Coast [...]
SEOUL, Nov. 20 (Korea Bizwire) – CJ Olive Young Corp., the retail unit of South Korea’s food-to-cosmetics conglomerate CJ Group, said Thursday it has partnered with Life Healthcare Group (LHG), a major health care company in the United Arab Emirates (UAE), to sell Korean beauty products in the Middle Eastern nation. Under the memorandum of [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, 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 [...]
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 [...]
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 [...]