SEOUL, Aug. 7 (Korea Bizwire) – The demand for self-defense items in South Korea is on the rise following recent consecutive deadly stabbing rampages. Interpark Shopping, a mobile shopping platform, witnessed a 123 percent increase in purchases of self-defense items compared to the previous year, between July 22 and August 3. This surge in purchases [...]
SEOUL, Aug. 4 (Korea Bizwire) — Parasols, once a symbol associated mainly with middle-aged women, are spreading across the country with the unprecedented heat wave. Parasol sales at boutiques in Hyundai Department Store between July 25 and 31 surged by 107 percent compared to last year. Lotte Department Store also experienced a 45 percent increase [...]
SEOUL, July 28 (Korea Bizwire) — The seasonal boundaries of fashion are becoming blurred due to retro and mix-match trends. ZIGZAG, a fashion platform operated by Kakao Style, saw its sales of knee-length long walkers from July 1 to 24 jump by 105 percent compared to a year ago. This figure was up 13 percent [...]
SEOUL, July 24 (Korea Bizwire) — As the drama series progresses, the time spent watching content through Netflix increases compared to conventional cable TV, confirming the phenomenon of binge-watching on the platform, a study showed Sunday. According to an academic thesis published in South Korea’s Journal of Visual Culture Content, a research team analyzed TV [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s whisky imports have surged this year, reaching a new high, data showed Wednesday. The volume of imported whisky amounted to 16,900 tons, marking a 50.9 percent increase compared to last year, and setting a new record, according to the data from the Korea Customs Service. The value [...]
SEOUL, July 19 (Korea Bizwire) — South Korean online lender KakaoBank Corp. said Tuesday it will be introducing a “personal vault” service, allowing users to store documents and photos as computer files. Depending on the level of sensitivity associated with each file, users will have the option to implement additional security measures. For instance, less [...]
SEOUL, July 17 (Korea Bizwire) — The consumption trend for affordable luxuries continues to expand among South Korea’s younger generation. This trend is particularly noticeable in the beauty sector, where consumers can express their values, preferences, and personality at an affordable price. Between January and June of this year, sales of luxury cosmetics at Lotte [...]
SEOUL, July 12 (Korea Bizwire) — Fashion and cosmetics retailer Shinsegae International Inc. announced on Wednesday that the global niche perfume brand Byredo had launched a beauty store in Garosugil, an upscale shopping district in southern Seoul. At the store, visitors have the opportunity to consult with professional consultants and try out all the available [...]
SEOUL, July 12 (Korea Bizwire) — Rain and sun dual-use umbrellas are enjoying increasing popularity due to the unpredictable weather during the rainy season, which brings both rain and sunshine. Online shopping mall Gmarket witnessed a threefold increase in the sales of umbrellas and yangsan (small portable parasols) from July 3 to 9 compared to [...]
SEOUL, July 12 (Korea Bizwire) — With the trend of saving even small amounts of money spreading amid the economic slump, South Korea’s major travel agency has unveiled new apps that pay users for walking. Hanatour Service Inc. announced on Tuesday that it launched the industry’s first step counter service, designed to provide rewards based [...]