Black Friday Archives | Be Korea-savvy
Online Malls Enjoy Sales Boom with Discount Events

Online Malls Enjoy Sales Boom with Discount Events

SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s online malls have raked in sales during massive discount campaigns held well in advance of Black Friday in the United States, according to industry insiders Sunday. Major online malls and market places presented door-busting deals in early November to entice consumers even before department stores and discount [...]

Online Shoppers More Attracted to U.S. Black Friday than Local Sales Event

Online Shoppers More Attracted to U.S. Black Friday than Local Sales Event

SEOUL, Nov. 27 (Korea Bizwire) — Online shoppers are showing growing interest in Black Friday in the United States while losing interest in the local version of the sales extravaganza, an analysis of big data showed Monday. According to Daumsoft, which sorted through blogs, tweets and news on Black Friday from 2015 to this year, [...]

Black Friday Looms Large for Overseas Direct Purchase Firms and Local Retailers

Black Friday Looms Large for Overseas Direct Purchase Firms and Local Retailers

SEOUL, Nov. 21 (Korea Bizwire) – As November 24 or “Black Friday” inches closer, local retailers are rolling out limited time discounts in what is expected to be a boom year for overseas direct purchases.  Overseas direct purchasing companies enable customers to procure goods at local prices and have their products shipped directly to their [...]

Black Friday Hype Leads to Counterfeit Canada Goose Victims

Black Friday Hype Leads to Counterfeit Canada Goose Victims

SEOUL, Nov. 25 (Korea Bizwire) – As in America, Black Friday hype is also sweeping the Korean peninsula with local consumers looking for the best deals and discounts. But at the same time, the hype has bred victims of fraudulent activity, sounding a note of caution reminding consumers to be cautious with their purchase decisions.  [...]

‘Korea Sale Festa’ to Open with K-Pop Concert on Sept. 30

‘Korea Sale Festa’ to Open with K-Pop Concert on Sept. 30

SEJONG, Aug. 31 (Korea Bizwire) – The opening ceremony of South Korea’s biggest shopping festival, “Korea Sale Festa,” will be held in Seoul next month, along with various concerts and exhibitions to draw more visitors and shoppers from overseas, the trade ministry said Wednesday.  The event will take place on Yeongdong Daero (Boulevard) in southern [...]

S. Korea to Launch Nationwide Shopping Festival in Fall

S. Korea to Launch Nationwide Shopping Festival in Fall

SEOUL, June 21 (Korea Bizwire) – South Korea will hold a nationwide shopping festival involving major retailers, manufacturers and traditional markets in the fall to draw foreign travelers and jack up lackluster domestic consumption, the government said Tuesday.  The Ministry of Trade, Industry and Energy and the Ministry of Culture, Sports and Tourism jointly formed [...]

Bakeries Get Their Own ‘Black Friday’ Event

Bakeries Get Their Own ‘Black Friday’ Event

SEOUL, Feb.23 (Korea Bizwire) – After the first Korean Black Friday event was a success in 2015, the baked goods industry wants in, too. The Korean Bakery Association announced that it will hold a discount promotional event with large franchises from April 4 to 10. The ‘Black Friday’ discount promotion is being held to celebrate [...]

Patience, the Most Important Element of Black Friday Purchases

Patience, the Most Important Element of Black Friday Purchases

SEOUL, Dec.8 (Korea Bizwire) – Black Friday is still not over for those who made direct overseas purchases, as many have still not received the products they purchased from overseas online shopping malls. As deliveries have been delayed due to the flood of orders, it is taking longer than usual for Korean consumers get their [...]

Korean Direct Overseas Purchases Double on Black Friday

Korean Direct Overseas Purchases Double on Black Friday

SEOUL, Nov.30 (Korea Bizwire) – Americans were not the only shoppers to embrace Black Friday sales, as Koreans flocked to online stores to take advantage of huge discounts. According to Mall Tail, the largest domestic overseas online shopping agent, the number of consumers who visited their site doubled on November 28 (which was November 27 [...]

Retailers Slash Electronics Prices for Black Friday

Retailers Slash Electronics Prices for Black Friday

SEOUL, Nov.19 (Korea Bizwire) – The ‘original’ Black Friday is just 10 days away, drawing the attention of Korean ‘direct overseas shoppers’ as well as local consumers. After Black Friday, which falls on November 27, and Cyber Monday on November 30, huge sales will continue until the end of the year. During this period, consumers [...]