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Bulls in a Bear Market: Why Energy Drink Sees Downward Trend in Revenue

SEOUL, Korea, April 18, 2014 (Korea Bizwire) – Once touted as a blue ocean in the beverage market, the energy drink industry has been dragged down as apparently unfavorable opinion of those products mounted, with consumers pinpointing their high volume of caffeine, among other things. Just one or two years ago, its sales skyrocketed largely driven by huge popularity among the [...]

English – Korean Office Workers’ Biggest Assignment for Now and Ever

English – Korean Office Workers’ Biggest Assignment for Now and Ever

SEOUL, Korea, April 16, 2014 (Korea Bizwire) – In today’s highly competitive world, exactly how much effort is put in to “self-improve” by employees and young job applicants? And what could be the most effective way of self-improving? According to JobKorea, Korea’s job search portal, which conducted a survey on 314 office workers and job [...]

90% of Foreigners Want to Date with Korean Women and Men…Survey

90% of Foreigners Want to Date with Korean Women and Men…Survey

SEOUL, Korea, April 14, 2014 (Korea Bizwire) – A survey found that nine out of ten foreigner respondents said they wanted to date with Korean men and women. This is a sign that the Korean Wave in K-Pop, TV dramas, and computer games is gaining the hearts and minds of foreign audiences. Korea’s major matchmaking [...]

Middle-aged Men Spend More on Making Themselves Look Better

Middle-aged Men Spend More on Making Themselves Look Better

Seoul, Korea, April 14, 2014 (Korea Bizwire) – Middle-aged men are leading the fashion market, buying up high-priced cosmetic items, wristwatches, casual wear, and fashion accessories for themselves. For example, the sales of business suits are in decline while those for casual wear are rising fast. At Lotte Department Store, the share of formal suits [...]

[Feature] Black Day Is Coming: Marketing Ploy or Real Chance to Get out of Single Status?

[Feature] Black Day Is Coming: Marketing Ploy or Real Chance to Get out of Single Status?

SEOUL, Korea, April 12, 2014 (Korea Bizwire) – April 14 is the day Korea’s singles try to avoid going out as much as possible. Following Valentine’s Day on February 14, most East Asians observe White Day on March 14 on which boys and men give chocolate gifts to girls and women in return for the [...]

[Kobiz Feature] Aroma Candle, a New Popular Item for New Age Consumers

[Kobiz Feature] Aroma Candle, a New Popular Item for New Age Consumers

SEOUL, Korea, April 11 (Korea Bizwire) – There may be several different ways for anyone to recall past memories. Some may rely on browsing through old photo albums, personal journals, or letters. But some others are reminded of long forgotten memories from a whiff of smell. It is a well-established fact among scientists that olfactory memory is [...]

Big Change ahead for S. Korea’s Labor Standards

Big Change ahead for S. Korea’s Labor Standards

SEOUL, April 10, 2014 (Korea bizwire) – The discussion in the National Assembly surrounding cutting back on work hours is gradually converging on the introduction of a 52-hour workweek scheme. The subcommittee for labor-management-government negotiation for social issues under the National Assembly’s Environmental and Labor Committee held on April 7 a third meeting to narrow [...]