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. [...]
SEOUL, Sept. 22 (Korea Bizwire) — South Korean fashion company Kolon Industries FnC said Wednesday it will release three types of bags created by upcycling K-pop superband BTS’ stage clothes. Created in collaboration with Hybe, the management agency of the septet, the bags are crafted from uncolored industrial airbag materials as well as pieces of [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Korean cosmetics giant Amorepacific Corp. said Tuesday it has agreed to sell a 60 percent stake in its packaging making affiliate to France’s Autajon Group, as part of its plan to strengthen ties with the French package maker. Amorepacific did not disclose the value of the deal and [...]
SEOUL, Sept. 20 (Korea Bizwire) – Nike Korea added new terms and conditions to prevent its footwear from being purchased simply for the purpose of reselling and decided to strengthen restrictions on individuals who disrupt the reselling market. In its newly disclosed terms and conditions, the South Korean unit of Nike, Inc. added a new [...]
SEOUL, Sept. 13 (Korea Bizwire) — With the government lifted the outdoor mask mandate earlier this year, more Koreans in their 20s are frequenting skin and plastic surgery clinics. Monimo, a new integrated brand and unified platform of Samsung Group’s financial affiliates, reported a 26 percent increase in spending among Samsung Card holders between the [...]
SEOUL, Sept. 8 (Korea Bizwire) — Luxury fashion brand Gucci will hold a fashion show at a royal place in Seoul as planned in November, the company announced Thursday, more than a week after the event was known to have been canceled following controversy over improper use of another historical site in the capital. “We [...]
SEOUL, Sept. 5 (Korea Bizwire) — Luxury hotels in Seoul are seeing a soaring number of wedding reservations, primarily led by so-called “revenge spending” among brides who have struggled long enough under various restrictions imposed by the pandemic. Industry sources said that wedding reservations at luxury hotels like the Lotte Hotel Seoul, the Shilla Seoul, [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korean cosmetic giant Amorepacific Corp. said Thursday it has reached an agreement with Tata’s Natural Alchemy LLC of the U.S. to fully acquire the American luxury skincare company. Amorepacific said it has reached the deal to acquire 100 percent of shares of the U.S. company, which operates the [...]