SEOUL, Aug. 7 (Korea Bizwire) — With the boycott of Japanese goods intensifying in South Korea, companies that some consumers have labeled as “Japanese companies” are struggling to explain themselves. It is not easy to clear up the misunderstanding as there are some complicated cases of stake relationships that are confusing even to consumers. Daiso, [...]
SEOUL, Aug. 6 (Korea Bizwire) — With the ensuing boycott movement against Japanese products, South Koreans are beginning to share information on new and upcoming Japanese brands coming to South Korea. The intent is to include them in the boycott list to hurt their sales as soon as the stores are open. Among them, Japanese [...]
SEOUL, Aug. 6 (Korea Bizwire) — As demand for trips to Japan, which was once the most popular travel destination among South Koreans, has plummeted with the ongoing boycott against Japan, alternative destinations abroad are enjoying an uptick in popularity. In particular, it is surprising to see the demand for travel to Hong Kong has [...]
SEOUL, Aug. 6 (Korea Bizwire) — South Korean imports of Japanese beer and cars tumbled in July due to a boycott of Japanese products here amid a bilateral trade spat with the neighbor, data showed Tuesday. Imports of Japanese beer nose-dived 45 percent on-month to US$4.34 million last month, according to the data from the [...]
SEOUL, Aug. 5 (Korea Bizwire) — A growing consumer boycott of Japanese goods stemming from an accelerating trade war between the neighbors has also seeped into the cultural front, with many Japanese films and books coming under the shadow of the consumer campaign. In protest of Japan’s initial retaliatory imposition of export curbs on three [...]
SEOUL, Aug. 5 (Korea Bizwire) — As the boycott movement against Japanese goods and services ensues, 7-Eleven is sending out letters to franchise owners in South Korea to argue that the company is “not a Japanese brand.” Korea Seven Co., which runs 7-Eleven convenience stores in South Korea, sent out emergency letters to 9,700 franchise [...]
SEOUL, Aug. 2 (Korea Bizwire) — The prolonged boycott movement against Japanese goods and services is leading South Korean agencies to give out discount benefits to travelers who are cancelling trips to foreign countries, including Japan. The Gyeongju World Culture Expo Foundation will offer a 50 percent discount for the Summer Pool Festival: Hot Summer [...]
SEOUL, Aug. 2 (Korea Bizwire) — Japanese fashion brand Uniqlo, which has been hit the hardest by the boycott triggered by Japan’s export restrictions to South Korea, will begin the process of shuttering its branch in Jongno 3-ga. The five-story building in central Seoul, where the branch is located, had a large “for rent” sign [...]
SEOUL, Aug. 2 (Korea Bizwire) — Calls for a boycott of Japan-made goods in South Korea are expected to come to a boil as Tokyo went ahead with its threat to widen controls over exports of materials by removing Seoul from a list of trusted trade partners despite repeated calls to scrap the move. A [...]
SEOUL, Jul. 31 (Korea Bizwire) — South Koreans’ Japan-bound travel looks set to slip further as there are no signs of the trade tensions between the two neighbors abating. On July 4, Japan tightened controls on exports of three high-tech materials to South Korea, in apparent retaliation against a series of court rulings here that [...]