SEOUL, June 14 (Korea Bizwire) — A growing number of consumers are searching for swimsuits in anticipation of their first summer vacation after the pandemic. Local fashion retail platform W Concept saw its sales increased by 36 percent between May 12 and June 11 compared to the same period last year. Bikini sales experienced an [...]
SEOUL, June 12 (Korea Bizwire) — South Korean seniors over 50 years of age, once considered outcasts in the popular music market, are emerging as significant consumers for K-pop. Subscribers to streaming platforms between the ages of 50 and 59 listened to 1.91 billion minutes of music last year, according to a report by the [...]
SEOUL, June 12 (Korea Bizwire) — The number of airplane passengers carrying pets last year surpassed the previous record from the pre-pandemic era, data showed Sunday. Korean Air Co. reported that passengers flew with their pets in the cabin on 28,240 occasions last year, including international and domestic flights, marking a 12.1 percent increase from [...]
SEOUL, June 7 (Korea Bizwire) — One in 3 South Koreans users of online streaming services prefer subscription plans without advertisements, a survey showed Tuesday. Local pollster Open Survey conducted a survey of 3,000 adults, with 32 percent of respondents expressing a preference against watching advertisements on streaming platforms, even if the subscription fee was [...]
SEOUL, June 7 (Korea Bizwire) – The “Leave Chat Room Quietly” function in KakaoTalk, South Korea’s top mobile messenger, has gained immense popularity since its launch a month ago. According to Kakao Corp., the operator of KakaoTalk, the new function was activated by around 2 million users from May 10-31, after it was added to [...]
SEOUL, June 5 (Korea Bizwire) — A majority of South Korean drivers prefer Hyundai Motor Co.’s Avante compact car when searching for a used vehicle priced at around 10 million won (US$7,640), data showed Sunday. KB Cha Cha Cha, a financial platform for secondhand cars, analyzed viewership data from May of last year to April [...]
SEOUL, May 31 (Korea Bizwire) — In the era of high inflation, convenience stores are striving to attract budget-conscious young consumers by introducing highly cost-effective private brand (PB) products. GS25, a convenience store chain, plans to offer its PB ice Americano and Americano, originally priced at approximately 2,000 won each (US$1.52), at a significantly discounted [...]
SEOUL, May 29 (Korea Bizwire) — A 30-year-old local office worker recently visited a cafe in Seoul’s Gangnam District that offers “coffee omakase,” where the barista recommends the coffee. For 30,000 won (US$22.59) per couple, customers can enjoy three cups of coffee and take out an Americano. “I had to visit early in the morning [...]
SEOUL, May 24 (Korea Bizwire) — About half of South Korean consumers own smart home appliances, and a significant number of consumers also intend to purchase them in the future, a survey showed Tuesday. The survey, conducted by local pollster Open Survey and involving 4,000 men and women between the ages of 20 and 59, [...]
SEOUL, May 22 (Korea Bizwire) — The exotic flavor and exclusivity of traditional Korean liquor have played a crucial role in attracting younger individuals, commonly referred to as Generation MZ. According to industry sources, the sales of traditional liquor at South Korean discount store Lotte Mart Co. experienced a 15 percent increase between January and [...]