coffee Archives | Be Korea-savvy
Why is Starbucks So Popular in South Korea?

Why is Starbucks So Popular in South Korea?

SEOUL, March 20 (Korea Bizwire) – Marking its 17th anniversary last year, Starbucks Korea’s annual revenue exceeded 1 trillion won for the first time, and much attention is being paid to what is behind the international coffee giant’s long-lived success in the country. Of the 75 countries that Starbucks currently operates in, only in five [...]

Coffeemakers Turn to Capsules to Evade Market Saturation

Coffeemakers Turn to Capsules to Evade Market Saturation

SEOUL, Dec. 5 (Korea Bizwire) – Korean coffeehouse franchise Hollys Coffee announced Monday that it is launching “K-cup” coffee capsules for Keurig coffeemakers in two flavors – Colombian Supremo and Espresso Rainforest Blend.  Keurig entered the Korean market in July, and although Hollys Coffee has collaborated with other franchises to make Keurig-specific coffee capsules, this [...]

Coffee Companies Tie Cultural Promotions to Their Business

Coffee Companies Tie Cultural Promotions to Their Business

SEOUL, Nov. 30 (Korea Bizwire) – Coffee companies are engaging in cultural promotions as a way of improving their brand image with customers through hosting mini concerts and art exhibitions.  Dongsuh Food, famous for its instant coffee mix brand Maxim, recently hosted its latest classical music concert in the southwestern city of Jeonju on Nov. [...]

Consumers Goods Makers Raise Prices before Year-End

Consumers Goods Makers Raise Prices before Year-End

SEOUL, Nov. 18 (Korea Bizwire) – Major makers of snacks, drinks and cosmetics have increased the prices of their products as the end of the year draws near, while speculations are rising over price surges in instant noodle and coffee products, according to industry officials Friday.  Earlier this month, Oriental Brewery, South Korea’s largest brewer, [...]

Rising International Coffee Prices Pressuring Local Market

Rising International Coffee Prices Pressuring Local Market

SEOUL, Nov. 15 (Korea Bizwire) – Rising international coffee prices this year could hit South Korea soon, industry officials said Tuesday, although major franchises and coffee companies say they have no immediate plans for a markup.  The International Coffee Organization (ICO) in its October report noted the significant rise in coffee prices, with Robusta, used [...]

Instant Coffee the Most Popular “Korean Tea” for Tourists

Instant Coffee the Most Popular “Korean Tea” for Tourists

SEOUL, Oct. 10 (Korea Bizwire) – Instant coffee mix was found to be the most popular ‘tea’ beverage for overseas tourists visiting Korea. Coffee mix is an instant coffee product containing ingredients such as ground coffee beans, sugar and creamer, and it comes in single serving packages for quick preparation.  Of 926 surveyed tourists, 53 [...]

Convenience Stores Find New Customers with Coffee, Desserts

Convenience Stores Find New Customers with Coffee, Desserts

SEOUL, July 15 (Korea Bizwire) – Convenience stores are gaining a big customer base through cafe-style coffee and bakeries that are cheaper in price but satisfactory in quality, industry officials said Friday.  The industry’s leading chain CU said its January-June sales of brewed coffee were up 64.2 percent from the same period last year. The [...]