SEOUL, Nov. 4 (Korea Bizwire) — With the year-end season in sight, luxury brands are going ahead with price hikes again on the back of stable demand. Chanel Korea announced on Thursday that it will raise the prices of all of its goods sold at its stores by 3 to 11 percent. This will mark [...]
SEOUL, Oct. 27 (Korea Bizwire) — Padded and non-padded coat sales are on the rise as more consumers are preparing for the early coming of winter. Shinsegae International Inc., the apparel arm of retail giant Shinsegae, said Wednesday that its fashion brands VOV, STUDIO TOMBOY, ILAIL, Della Lana and G-CUT’s sales between Oct. 1-23 jumped [...]
SEOUL, Oct. 27 (Korea Bizwire) — South Korea’s antitrust regulator said Thursday it has decided to impose a fine of 153 million won (US$108,000) on a retailer of popular Japanese fashion brand Uniqlo over misleading advertisements. The penalty on FRL Korea Co., which sells Uniqlo products in South Korea, came as it exaggerated the performances [...]
SEOUL, Oct. 19 (Korea Bizwire) — A rubber byproduct produced during the process of manufacturing tires has turned out to be ideal for trekking boot outsoles. South Korean outdoor brand Eider said Tuesday it will release new trekking boots developed as part of a collaboration with tire company Nexen Tire Corp. The boots come in [...]
SEOUL, Oct. 13 (Korea Bizwire) — South Korean cosmetic giant Amorepacific Corp. said Wednesday that it will open up a pop-up exhibition at the storyA exhibition hall in Yongsan District, Seoul until Nov. 13. The exhibition invites visitors to enjoy the beauty of everyday life in the 1980s. The exhibition consists of six zones, each [...]
SEOUL, Oct. 6 (Korea Bizwire) — Seoul Fashion Week, South Korea’s biggest biannual fashion show, will kick off its five-day run next week to showcase 33 Korean fashion houses that range from established to up-and-coming, officials said Thursday. The fashion show for the 2023 spring-summer season will be held from Tuesday to Saturday at the [...]
SEOUL, Oct. 6 (Korea Bizwire) — In the luxury goods market, offline customer services are considered important for lavish shoppers. European designer brands offer top-notch and exquisite services to their loyal clients when visiting brick-and-mortar stores to build strong connections. But the yearslong COVID-19 pandemic has affected the big but closed market, changing the consumption [...]
SEOUL, Oct. 4 (Korea Bizwire) — Fashion products made by a South Korean upcycling brand made appearances at a joint fashion show hosted by Tranoi, the official trade fair of Paris Fashion Week, at the Brongniart Palace in Paris last Saturday. ul:kin introduced a bag made with safety nets and other construction materials used in [...]
SEOUL, Sept. 30 (Korea Bizwire) — The rapid growth of the luxury resale market that created a buying boom for luxury items is showing signs of stagnating due to the recent decline in asset prices. According to the resale platform KREAM, Chanel medium classic flap bags were selling at prices ranging from 12-13 million won [...]
SEOUL, Sept. 29 (Korea Bizwire) — A large number of female K-pop stars have been invited to the ongoing Paris Fashion Week, proving the global popularity of the South Korean pop culture. The Paris Fashion Week, a series of designer presentations held semiannually in Paris, is one of the most-known Fashion Weeks around the world. [...]