SEOUL, Sept. 15 (Korea Bizwire) — Walt Disney’s live action film “Mulan” is facing the risk of boycott even before its release in South Korea after the movie sparked controversy for justifying China’s human rights violation against the ethnic minority Uyghurs. The hashtags #BoycottMulan and #BanMulan have gone viral on Twitter and other social media [...]
SEOUL, Aug. 13 (Korea Bizwire) — More than a year after Japan imposed export restrictions against South Korea, igniting a boycott movement against Japanese goods, 3 out of 4 Korean consumers said they are still participating in the boycott movement. According to a survey conducted by the Korea Broadcast Advertising Corp. of 1,000 Koreans from [...]
SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s imports of Japanese consumer goods sank more than 23 percent in July amid a boycott stemming from a bilateral trade dispute, government data showed Monday. Seoul brought in consumer goods worth US$253 million in July, down 23.4 percent from a year earlier, according to the preliminary data [...]
SEOUL, July 31 (Korea Bizwire) — Japanese fashion retailer Uniqlo said Friday it will close nine of its stores in South Korea next month amid a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul and Tokyo. The closure came as online shopping has gained traction amid the [...]
SEOUL, July 30 (Korea Bizwire) — Despite the boycott movement against Japanese products marking its first year after being sparked by Japan’s export restrictions against South Korea, consumption of Japanese cigarettes has remained more or less unaffected. The Korea Customs Service reported that South Korea imported 4,220.6 tons of cigarettes from the Philippines between July [...]
SEOUL, July 27 (Korea Bizwire) — The South Korean economy’s dependence on Japan has been on a downward trend since Japan imposed export restrictions against South Korea in July 2019, the country’s leading business lobby group said Sunday. The share of imports from Japan among overall South Korean imports fell from 9.8 percent in Q1 [...]
SEOUL, July 5 (Korea Bizwire) — Japanese consumer goods producers in South Korea saw their operating profits plunge by more than 70 percent on-year in 2019, data showed Sunday, due to the prolonged trade dispute between the two neighbors that led to a boycott against Japanese products here. The combined operating profit of 31 Japanese [...]
SEOUL, July 3 (Korea Bizwire) — The ‘No Japan’ boycott movement against Japanese products that broke out last July after Japan imposed export restrictions on South Korea has had a serious impact on last year’s imported beer market. The Korea Agro-Fisheries & Food Trade Corp. reported Thursday that the retail market for beer in the [...]
SEOUL, July 1 (Korea Bizwire) — South Korean university students and civic groups declared a boycott of the movie “Mulan” on Wednesday in support of the democracy protests in Hong Kong. Several student and civic groups held a rally in front of Walt Disney Co. Korea in southern Seoul, asking the company to scrap its [...]
SEOUL, May 25 (Korea Bizwire) — Uniqlo’s budget brand GU, which has been hit hard by the coronavirus pandemic and a boycott of Japan in place since last summer, will withdraw from South Korea. FRL Korea Co., an operator of Uniqlo Korea, recently announced that GU will stop operating offline stores in the country around [...]