SEOUL, May 25 (Korea Bizwire) – A year has passed since South Korea’s first Blue Bottle Coffee shop opened in Seoul’s eastern Seongsu neighborhood – a trendy hangout spot where young artists and designers renovated existing buildings into art spaces, fine restaurants and cafes to woo customers. What impact has this American coffee freanchise had [...]
SEOUL, May 15 (Korea Bizwire) — Starbucks Coffee Korea said on Thursday that sales of packaged coffee beans and “VIA” stick-type instant coffee at Starbucks stores nationwide from January to April this year rose 26 percent and 20 percent, respectively, from the same period last year. Among coffee beans, Espresso Roast was the most popular, [...]
SEOUL, April 10 (Korea Bizwire) — While the mere mention of Starbucks might conjure up images of a steaming hot cup of java, recent sales data shows that the majority of customers at Starbucks last year actually bought cold coffee beverages. Starbucks Coffee Korea Co. announced Thursday that a big data analysis showed that 64 [...]
SEOUL, Feb. 27 (Korea Bizwire) — The number of coffee shops in South Korea continues to grow at a brisk pace, a recent study revealed. The Korea Fair Trade Commission reported there were 15,036 coffee shops in South Korea as of 2018, an increase of 7.9 percent (1,105 shops) over the previous year. The rate [...]
SEOUL, Jan. 31 (Korea Bizwire) — Americanos and cafe lattes are South Koreans’ favorite coffee drinks, a recent study has showed. Starbucks Coffee Korea Co. analyzed data on coffee preferences from 5 million Starbucks members last year, which showed that the Americano was the most popular coffee drink in South Korea, followed by cafe latte. [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korean researchers have revealed that people who drink more than two cups of coffee every day are less likely to suffer from dementia. A joint research team from Hallym University Dongtan Sacred Heart Hospital and Seoul National University College of Medicine divided 411 participants between the ages of [...]
SEOUL, Nov. 26 (Korea Bizwire) — Hollys Coffee Co., a South Korean coffee shop chain, replaced Starbucks as country’s most loved and satisfactory coffee brand. The Korea Consumer Agency conducted a survey of 1,031 consumers between September 4 and 16 frequenting six major coffee brands in South Korea, in which Hollys Coffee received the highest [...]
BUSAN, Nov. 19 (Korea Bizwire) — One district in the city of Busan is gaining popularity as an ‘island without franchises’. Yeongdo-gu, an island district in Busan, is known as the islet of coffee, where various coffee festivals are held regularly in tandem with local coffee shops. These coffee shops are private stores not affiliated [...]
SEOUL, Nov. 7 (Korea Bizwire) — The number of coffee shops in South Korea continues to grow. More than 71,000 coffee shops are now operating nationwide, with 14,000 opening last year alone. According to a report by KB Financial Group Management Research Institute, the increase in the number of coffee shops is because the number [...]
SEOUL, Oct. 24 (Korea Bizwire) — South Korea has long been one of the world’s largest ‘coffee republics,’ with a coffee market estimated at up to 12 trillion won (US$10.2 billion). Saramin, a South Korean job search portal, conducted a survey of 1,759 working adults, most of whom were found to drink at least two [...]