SEOUL, Dec. 21 (Korea Bizwire) — The prices of popular cakes selling at South Korea’s major bakery and coffee chains rose sharply over the past year amid high inflation. The price of Paris Baguette’s Strawberry Fraisier Cake rose to 32,000 won (US$24.90) from 27,000 won last year. A Twosome Place’s Strawberry Fresh Cream Cake saw [...]
SEOUL, Dec. 2 (Korea Bizwire) – With the conspicuous consumption trend of the young generation in their 20s and 30s losing momentum due to high inflation, South Korea’s major retailers are releasing a string of low-price cakes ahead of the Christmas and year-end holiday season. Shinsegae Food Inc., a food business arm of the country’s [...]
SEOUL, Nov. 29 (Korea Bizwire) — A string of premium hotels in Seoul is rolling out a series of cakes in preparation for the upcoming Christmas and end-of-year season. The Grand InterContinental Seoul Parnas’ Grand Deli released 11 new cakes inspired by winter fairy tales. Of the 11, five cakes will be introduced as special [...]
TONGYEONG, Dec. 5 (Korea Bizwire) — A cable car operator located in Tongyeong, South Gyeongsang Province, is rolling out an exotic marketing campaign to celebrate Christmas. The Tongyeong Tourism Development Corp. reported that it is preparing a Christmas cake as a meaningful gift to tourists at the end of the year. Starting with the Christmas [...]