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Middle-aged Men Spend More on Making Themselves Look Better

Middle-aged Men Spend More on Making Themselves Look Better

Seoul, Korea, April 14, 2014 (Korea Bizwire) – Middle-aged men are leading the fashion market, buying up high-priced cosmetic items, wristwatches, casual wear, and fashion accessories for themselves. For example, the sales of business suits are in decline while those for casual wear are rising fast. At Lotte Department Store, the share of formal suits [...]

[Kobiz Feature] Easing Parallel Import, More Options for Customers

[Kobiz Feature] Easing Parallel Import, More Options for Customers

SEOUL, Korea, April 11 (Korea Bizwire) – As the Korean government decided to ease process and regulations on parallel importing and direct purchasing, consumers are expected to have more choice selecting import goods at lower prices. By lowering entry barriers to the parallel importing market and expanding the items for overseas direct purchasing, the April [...]