SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s department store operators are competing to attract customers in their 20s and 30s for dessert, appealing to their need to take photos for social media. Shinsegae Department Store opened up the new Cafe Layered, a British-themed bakery, at its Centum City outlet in Busan. The company’s Gangnam [...]
SEOUL, July 18 (Korea Bizwire) — The apple mango bingsu served at luxury hotels in Seoul have seen a sales boost this year despite recent price hikes, largely led by consumers from the “MZ generation,” a Korean term referring to those aged between late 10s and 30s. Bingsu is a traditional dessert made up of [...]
SEOUL, April 29 (Korea Bizwire) — With inflation wreaking havoc in recent months, prices of bingsu offered by luxury hotels are surging. Bingsu is a traditional dessert made up of shaved ice and an array of toppings. The Shilla raised the price of its Apple Mango Bingsu sold at the hotel’s lounge & bar The [...]
SEOUL, March 24 (Korea Bizwire) – Sales of jelly dessert products are booming, particularly among Koreans over 40, a new market research report published yesterday found. The market for jelly desserts grew by 54 percent on year last year, amounting to 153.3 billion won, according to AC Nielson Korea. This year, the market is expected to [...]
SEJONG, Nov. 9 (Korea Bizwire) – South Korea’s dessert market expanded 13.9 percent in 2014 from a year earlier on rising demand for sweets and non-alcoholic drinks, government data showed Wednesday. The combined value of the local confectionery and non-alcoholic beverages markets stood at 8.9 trillion won (US$7.9 billion) in 2014, up 13.9 percent from [...]