SEOUL, Oct. 31 (Korea Bizwire) – South Korea’s grand sale festival this year is likely to end without the luster of past years despite its growth in size, due in part to the depressed sales caused by a long holiday and drop in Chinese shoppers, retail industry sources said Tuesday. The Korea Sale Festa began on Sept. 28 for a 34-day run and [...]
SEOUL, Sept. 20 (Korea Bizwire) — A nationwide shopping festival involving hundreds of retailers and traditional markets will begin next week, the government said Wednesday, as it aims to draw foreign travelers amid a sharp decline in the number of Chinese tourists. The annual Korea Sale FESTA, jointly organized by the Ministry of Culture, Sports [...]
SEJONG, Oct. 13 (Korea Bizwire) – South Korean retailers saw their sales increase more than 10 percent during a nationwide shopping festival that started late last month thanks to rising demand from Chinese shoppers, government data showed Thursday. The massive shopping campaign called “Korea Sale Festa,” which began Sept. 29 for 11 days, was designed [...]
SEOUL, Oct. 10 (Korea Bizwire) – Sales at major South Korean department stores increased during this fall’s nationwide shopping festival compared with a similar event last year as more retailers and manufacturers offered wider options for customers, industry officials said Monday. The “Korea Sale Festa” is the government-led sales event held from Sept. 29 [...]
SEOUL, Oct. 5 (Korea Bizwire) – A nationwide shopping festival drove up sales at department stores and large discount stores in South Korea in the first five days after its launch on Sept. 29, mainly thanks to an influx of Chinese shoppers, data showed Wednesday. The massive shopping campaign called “Korea Sale Festa,” which kicked [...]
SEJONG, Sept. 13 (Korea Bizwire) – More than 150 local retailers, fashion companies and cosmetics firms will participate in South Korea’s biggest shopping festival, “Korea Sale Festa,” slated for later this month, the trade ministry here said Tuesday. During the Sept. 29-Oct. 9 event, 153 companies will offer big discounts to shoppers and foreign visitors [...]
SEJONG, Aug. 31 (Korea Bizwire) – The opening ceremony of South Korea’s biggest shopping festival, “Korea Sale Festa,” will be held in Seoul next month, along with various concerts and exhibitions to draw more visitors and shoppers from overseas, the trade ministry said Wednesday. The event will take place on Yeongdong Daero (Boulevard) in southern [...]