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Tourists in Seoul Turn to Clothing Instead of Cosmetics

Tourists in Seoul Turn to Clothing Instead of Cosmetics

SEOUL, Dec. 3 (Korea Bizwire) — Tourists visiting Seoul are buying more fashion products than last year, according to a recent survey. The Seoul Metropolitan Government and the Seoul Tourism Organization announced on Sunday that compared to last year, tourists in Seoul purchased fewer cosmetics and more fashion products. Querying 1,500 tourists who visited South [...]

Market for Premium Children’s Brands Growing Fast

Market for Premium Children’s Brands Growing Fast

SEOUL, April 20 (Korea Bizwire) – Online shopping malls are partnering with premium children’s brands as sales in the segment are growing faster than for cheaper labels, industry watchers said Thursday.  First-quarter sales of brand name children’s clothing and accessories increased 43 percent on-year at online mall 11st Street, compared with a 34.7 percent rise [...]

S Korea’s Fashion Market to Grow 3.3 Pct This Year: Report

S Korea’s Fashion Market to Grow 3.3 Pct This Year: Report

SEOUL, Feb. 17 (Korea Bizwire) – South Korea’s fashion market is expected to grow 3.3 percent in 2017 from a year earlier, with major apparel companies ramping up efforts to expand their footing here and abroad amid dim prospects, industry data showed Friday.  The size of the domestic fashion market is predicted to reach 39.3 [...]

Children’s Clothing, School Products Turn Luxurious

Children’s Clothing, School Products Turn Luxurious

SEOUL, Feb. 13 (Korea Bizwire) – Top luxury brands popular with adults are also grabbing the market for children, their sales increasing as kids get ready to go back to school this month or next, industry officials said Monday.  Some of the most popular items cost well over 1 million won (US$867). A Gucci-labeled backpack [...]

Textile Sector Set to Suffer Trade Deficit for 2nd Straight Year

Textile Sector Set to Suffer Trade Deficit for 2nd Straight Year

SEOUL, Dec. 30 (Korea Bizwire) – South Korea’s textile and garment industry is set to suffer a trade deficit for the second consecutive year in 2016 amid an influx of cheap Chinese products, industry data showed Friday.  According to the data compiled by the Korea International Trade Association (KITA), the segment’s exports dipped 4.8 percent [...]

Korean Fashion Industry Turns to Men, Individuality and Technology for 2017 Rebound

Korean Fashion Industry Turns to Men, Individuality and Technology for 2017 Rebound

SEOUL, Dec. 27 (Korea Bizwire) – The Samsung Fashion Institute announced Tuesday its selection of the top ten issues in Korea’s fashion industry this year. The list included several changes in the industry as well business and consumption trends, but it was marked by the stagnant industry’s struggle to survive instead of focusing on growth.  [...]

Korean Children’s Product Manufacturers Make Rapid Inroads in China

Korean Children’s Product Manufacturers Make Rapid Inroads in China

SEOUL, Oct. 11 (Korea Bizwire) – Korean manufacturers of children’s products are rapidly expanding their operations in China, targeting the fast-growing market in a country that recently ended its infamous one-child policy. Zero to Seven is among the companies making a pivot to China with its business centered on children’s clothing brands such as allo [...]

Civic Group Launches Campaign to Bring ‘Hanbok’ into Daily Life

Civic Group Launches Campaign to Bring ‘Hanbok’ into Daily Life

SEOUL, July 5 (Korea Bizwire) – A local civic group launched a campaign to incorporate “hanbok” into daily life Tuesday, proposing that the traditional Korean attire be worn to schools and workplaces once every month.  The nongovernmental organization Voluntary Agency Network of Korea (VANK) said it will start sending emails to schools and companies to [...]