SEOUL, June 28 (Korea Bizwire) — A post recently appeared on an online secondhand marketplace where products from the U.S. burger franchise Five Guys were being resold at higher prices. Five Guys on Monday opened its first South Korean restaurant in Seoul’s Gangnam neighborhood. Despite the rainy weather, around 400 people braved the long line, [...]
SEOUL, June 27 (Korea Bizwire) – Prioritizing efficiency, which involves saving even a few seconds, is becoming a new trend among Generation MZ, a Korean portmanteau for millennials and Gen Z. Park, a 31-year-old office worker, enjoys watching YouTube videos that provide 10-minute summaries of films or television shows. “There are numerous things to watch, [...]
SEOUL, June 26 (Korea Bizwire) — South Korean minicar market has once again slowed down this year after initially showing signs of a revival due to the popularity of Hyundai Motor Co.’s Casper mini SUV. Domestic sales of minicars totaled 50,562 units in the first five months of this year, representing an 8.2 percent year-on-year [...]
SEOUL, June 19 (Korea Bizwire) — With convenience becoming the new trend, services that offer fruit and vegetable preparation are gaining popularity. At “The Hyundai Seoul” operated by Hyundai Department Store, approximately 200 customers visit each day to have the fruits and vegetables they purchased cut into their preferred shapes and sizes. Customers may need [...]
SEOUL, June 19 (Korea Bizwire) — South Korean imports of Japanese seafood sank more than 30 percent last month, data showed Monday, amid concerns over Tokyo’s planned release of contaminated water from its crippled nuclear power plant. South Korea imported 2,129 tons of fishery products from the neighboring country in May, down 30.6 percent from [...]
SEOUL, June 16 (Korea Bizwire) — LOTTE Cinema enhances the customer experience by introducing the innovative ‘Random Square’ experiential exhibition, utilizing its theater space. On Friday, LOTTE Cinema will debut ‘Random Square’ at LOTTE Cinema World Tower in Jamsil, Songpa-gu, Seoul. This unique exhibition space is a collaborative effort between LOTTE Cinema and ‘Random Diversity,’ [...]
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 [...]