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Camping Industry Grows at a Healthy Pace, Riding High on Premium and Specialty Trends

Camping Industry Grows at a Healthy Pace, Riding High on Premium and Specialty Trends

SEOUL, Sept. 7 (Korea Bizwire) — South Korea’s camping industry generated about 6.3 trillion won (US$4.55 billion) in sales last year, with the number of registered campgrounds estimated at 2,703, and both figures marked positive year-to-year growth thanks to the rising popularity of camping in the post-pandemic era. According to the Ministry of Culture, Sports [...]

Hyundai and Mercedes-Benz Give Way in Sales Performance

Hyundai and Mercedes-Benz Give Way in Sales Performance

SEOUL, Sept. 6 (Korea Bizwire) — Top domestic and imported automakers Hyundai Motor and Mercedes-Benz may give way to other competitors in sales performance this year. A total of 37,371 units of automobiles from Kia Corp. were newly registered last month, surpassing Hyundai (35,993 units including those from the Genesis brand) to become the top [...]

LG Electronics Unveils NFT Transaction Platform in U.S. Market

LG Electronics Unveils NFT Transaction Platform in U.S. Market

SEOUL, Sept. 6 (Korea Bizwire) — LG Electronics Inc. has unveiled an non-fungible token (NFT)-based artwork transaction platform in the U.S. market. The company announced on Monday that it had launched the LG Art Lab service in the U.S., enabling users to buy, sell and enjoy high-quality NFT artworks selected by professional curators. The service [...]

Brides Scramble to Book Luxury Hotel Weddings

Brides Scramble to Book Luxury Hotel Weddings

SEOUL, Sept. 5 (Korea Bizwire) — Luxury hotels in Seoul are seeing a soaring number of wedding reservations, primarily led by so-called “revenge spending” among brides who have struggled long enough under various restrictions imposed by the pandemic. Industry sources said that wedding reservations at luxury hotels like the Lotte Hotel Seoul, the Shilla Seoul, [...]

LG Electronics, Playmobil Release Exclusive Collectibles

LG Electronics, Playmobil Release Exclusive Collectibles

SEOUL, Sept. 5 (Korea Bizwire) — LG Electronics Inc. and German toymaker Playmobil have introduced home appliances and figurines developed in a collaboration project. LG said it will unveil various Playmobil figurines that depict home appliance engineers, influencers and interior designers at IFA 2022 held in Berlin, Germany until Tuesday. Playmobil is famous for its [...]