SEOUL, Feb. 8 (Korea Bizwire) – Home electronics retailer ET Land reported on February 7 that sales of kitchen appliances have been on the rise, attributed to an increase in the number of people cooking at home due to the soaring cost of dining out. Sales of key kitchen appliances like electric ovens and ranges last [...]
SEOUL, Oct. 23 (Korea Bizwire) — LG Electronics Inc. said Friday it has opened a showroom for its luxury built-in kitchen appliance brand in Europe to better expand its presence there. The first European showroom of LG’s Signature Kitchen Suite was opened in Milan, Italy, according to the company. The 1,100-square-meter facility is near the [...]
SEOUL, Oct. 20 (Korea Bizwire) – The number of single-person households is rising quickly in Korea. They accounted for 27.2 percent of all households (5.2 million out of 19.1 million) in 2015, and officials expect to see a continued increase to at least 35 percent. Along with the changing social structure, the market for goods [...]