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 [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korean fashion company LF Corp. said Thursday it has opened its eighth Vietnamese retail store to expand its presence in the Southeast Asian country’s growing fashion market. The new store for its menswear sub-brand Maestro was opened at Saigon Centre in Ho Chi Minh last Thursday. The company, [...]
SEOUL, Aug. 22 (Korea Bizwire) — South Korean beauty care behemoth Amorepacific Group said it has developed a chipless wireless electronic skin that enables accurate analysis and measurement of skin conditions anytime and anywhere without heavy equipment. In general, clinical skin research requires the use of high-priced diagnosis equipment as well as maintaining a stable [...]
SEOUL, Aug. 1 (Korea Bizwire) — The Seoul city government will hold a beauty fair next month to showcase the latest local brands and advances made in the industry, officials said Monday. The Seoul Beauty Week, hosted by the Seoul Metropolitan Government, will kick off on Sept. 30 at Dongdaemun Design Plaza in central Seoul [...]