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Fashion Companies Join Competition over Premium Perfume

Fashion Companies Join Competition over Premium Perfume

SEOUL, Jan. 11 (Korea Bizwire) — South Korea’s fashion companies are jumping into making premium perfumes, driving head-on towards fierce competition. Handsome Corp., an affiliate of Hyundai Department Store Group, plans to open up a Liquides Perfume Bar in South Korea, an all-brand store for niche perfumes from France. The store plans to introduce some [...]

South Korean Luxury Consumption Spreads from Bags to Other Goods

South Korean Luxury Consumption Spreads from Bags to Other Goods

SEOUL, Dec. 14 (Korea Bizwire) — South Koreans are buying wider range of luxury goods from handbags to watches, jewelry, scarves and perfumes. Market researcher Euromonitor reported 4.6 percent growth in South Korea’s luxury market from last year, reaching an aggregate total of US$14.2 billion. Aside from sales of luxury cosmetics, which have struggled during [...]

Fashion Industry Uses ‘Real-Sized’ Mannequins to Reflect True Shape of Shoppers

Fashion Industry Uses ‘Real-Sized’ Mannequins to Reflect True Shape of Shoppers

SEOUL, Oct. 4 (Korea Bizwire) — With the rise of what is known as “the body positivity movement,” whose main purpose centers around addressing unrealistic body standards, unrealistically tall and skinny mannequins are being replaced by plus-size ones. SPAO, a specialty retailer of private label apparel (SPA) brand run by E-Land World, will introduce mannequins [...]

Online Fashion Platforms for Women Engage in Ruthless Competition to Gain Market Share

Online Fashion Platforms for Women Engage in Ruthless Competition to Gain Market Share

SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s online fashion platforms for women’s clothing are working on a number of initiatives, including free and fast delivery, to gain a larger market share. Ably plans to offer free returns for designer and street brand items by the end of this month. If customers return designer or [...]