SEOUL, Aug. 22 (Korea Bizwire) – CJ CGV, South Korea’s largest multiplex cinema chain, announced on August 21 that its subsidiary, CJ 4DPLEX, achieved record-breaking sales last month as more moviegoers are opting for premium theater experiences like ScreenX and 4DX. CJ 4DPLEX, which operates special format theaters in 75 countries worldwide, reported global box office [...]
SEOUL, Aug. 21 (Korea Bizwire) – While South Korea’s beer and whisky markets have recently experienced a downturn, Japanese products are bucking the trend with growing popularity, according to recent customs data. From January to July ofthis year, imports of Japanese beer surged to $37.77 million, a 66% increase compared to the same period last year, [...]
SEOUL, Aug. 20 (Korea Bizwire) – The oversized check shirt, once associated with the stereotypical “engineering student” look, is making a surprising comeback in South Korean fashion circles, according to Musinsa, one of the country’s leading online fashion retailers. On August 19, Musinsa reported a significant surge in the popularity of check shirts, with search volumes [...]
SEOUL, Aug. 15 (Korea Bizwire) – In an era dominated by digital streaming, South Korean young adults are bucking global trends by maintaining a strong connection to traditional television viewing. A recent survey reveals that about 70% of South Koreans in their 20s regularly watch video content on TV, dedicating an average of 132 minutes per [...]
SEOUL, Aug. 13 (Korea Bizwire) – In a strategic shift to combat the migration of shoppers to online platforms, South Korean department stores are engaged in a fierce competition to introduce exclusive international cafes and dessert shops to the local market. Social media platforms are abuzz with posts from eager patrons flocking to newly opened establishments [...]
INCHEON, Aug. 12 (Korea Bizwire) – The adoption of electric vehicles (EVs) in Incheon, South Korea’s third-largest city, has been declining for two consecutive years after peaking in 2022, according to recent data from the city government. From January to July of this year, only 2,607 new EVs were registered in Incheon, a mere 37% of [...]
SEOUL, Aug. 12 (Korea Bizwire) – Recent seismic activity in Japan, coupled with warnings of a potential major earthquake, has begun to cast a shadow over South Korea’s robust tourism to its island neighbor. This unease, combined with the strengthening yen, is leading some in the travel industry to speculate that the boom in Japanese tourism, [...]
SEOUL, Aug. 9 (Korea Bizwire) – With signs of a new COVID-19 wave emerging, convenience stores in South Korea are experiencing a significant increase in demand for self-testing kits during the vacation season. With some stores running out of stock, online shopping malls are seeing sharp price increases for these kits. According to convenience store industry [...]
SEOUL, Aug. 9 (Korea Bizwire) – Incheon International Airport Corporation (IIAC) has been selected as the “Most Desirable Public Enterprise for College Students” for the seventh consecutive year, according to a survey conducted by HR tech company Incruit. The survey, which polled 962 college students nationwide who are currently seeking employment, found that 14.3% of respondents [...]
SEOUL, Aug. 7 (Korea Bizwire) – In an unexpected turn of events, the exclusive Galaxy Z Flip 6 Olympic Edition smartphones, provided by Samsung to all athletes participating in the 2024 Paris Olympics, have begun appearing for sale on various online marketplaces. On August 6, a search on eBay, the global e-commerce platform, revealed more than [...]