SEOUL, Dec. 3 (Korea Bizwire) – In a shift away from luxury brand obsession, South Korea’s younger generation is increasingly adopting a “YONO” (You Only Need One) approach to fashion consumption, prioritizing practicality and versatility over conspicuous consumption. The trend, particularly popular among millennials and Gen Z consumers born between the early 1980s and early 2000s, [...]
SEOUL, Dec. 25 (Korea Bizwire) –South Korea’s Ministry of Employment and Labor (MOEL) has initiated a special labor inspection into E-Land World following allegations that the company forced employees to practice dancing for a company year-end event. On December 22, the MOEL announced that a special labor inspection team had been formed under the Seoul [...]
SEOUL, Sept. 2 (Korea Bizwire) – South Korean fashion and retail conglomerate E-Land Group said Friday it has sold Teenie Weenie, a casual clothing brand, to a Chinese women’s fashion brand for 1 trillion won (US$890.7 million) as part of efforts to cut its debt. Teenie Weenie, a bear-themed casual wear brand owned by the [...]
SEOUL, Feb. 29 (Korea Bizwire) – The sale of Kim’s Club, a hypermarket chain of South Korean fashion and retail conglomerate E-land Group, has drawn proposals from three bidders, with a preferred bidder to be selected next month, industry sources said Monday. Kim’s Club, the nation’s fourth-largest supermarket chain with 37 outlets, was put up [...]
E-land Group, a South Korean fashion giant, said Monday it will sell Kim’s Club Mart, its supermarket chain operator, through open bidding to better focus on its core businesses. (Image : Yonhap) SEOUL, Nov. 30 (Korea Bizwire) – E-land Group, a South Korean fashion giant, said Monday it will sell Kim’s Club Mart, its [...]
SEOUL, Feb. 1 (Korea Bizwire) – South Korean retail giant E-Land Group said Sunday it has started construction of an integrated logistics center and training institute in Shanghai to expand its regional presence in Asia. The conglomerate, whose business ranges from fashion apparel and restaurants to hotels, said a ceremony marking the start of construction [...]