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New Year Resolution Products: Nuts in a Cigarette Package

New Year Resolution Products: Nuts in a Cigarette Package

SEOUL, Jan. 13 (Korea Bizwire) — Diet products and implements to help quit smoking are becoming popular at this time of new year’s resolutions. According to Lotte Department Store, sales of said products increased during the period from January 2 to 9. Over this time, sales of sports products and running shoes increased by 24 [...]

272m High-Rise Skyscraper “Lotte Center Hanoi” Ready for Grand Opening

272m High-Rise Skyscraper “Lotte Center Hanoi” Ready for Grand Opening

SEOUL, Aug. 29 (Korea Bizwire) — After five years since its groundbreaking, “Lotte Center Hanoi,” the 272-meter-high skyscraper in Hanoi constructed by Lotte Group, is finally ready for grand opening on Vietnam’s National Liberation Day, September 2. According to Lotte Asset Development on August 27, what will be the landmark of Vietnam’s capital city with 14,000 square [...]

Third “Lotte School” to Open in Vietnam

Third “Lotte School” to Open in Vietnam

SEOUL, Aug. 24 (Korea Bizwire) – A third “Lotte School” has been open in Vietnam. Lotte Department Store, jointly with international charity organization Plan Korea, said on August 22 that it held a groundbreaking ceremony to build a school in a mountain village in Thai Nguyen Province in the northeast. With the total population of 1.2 million, the [...]

Line Friends Pop-Up Store Opens Up in Jamsil after Successful Myeong-dong Store

Line Friends Pop-Up Store Opens Up in Jamsil after Successful Myeong-dong Store

SEOUL, Aug. 20 (Korea Bizwire) — Line, NHN Group‘s global messenger application company, announced that it opened a “Line Pop-up Store” in Lotte Department Store’s Jamsil branch and will keep the store open until September 10. The store will offer various living goods including mugs and T-shirts designed with Line characters. The products not only include [...]

What Is the Most Favored Cosmetics Brand of Korea’s VIPs?

What Is the Most Favored Cosmetics Brand of Korea’s VIPs?

SEOUL, July 7 (Korea Bizwire) – A study shows that the VIPs’ most favored beauty product brand is Sisley. According to “Avenuel,” a monthly magazine published by Lotte Department Store, a survey conducted on 100 most valuable guests of its Jamsil store showed that the respondents favored Sisley most among other cosmetics brands. “Sulhwasoo” was [...]

Retailers Prepare for “Golden Week” Marketing to Attract Foreign Tourists

Retailers Prepare for “Golden Week” Marketing to Attract Foreign Tourists

SEOUL, Korea, April 29, 2014 (Korea Bizwire)– Domestic retailers are busy preparing to induce foreign tourists mainly Chinese and Japanese before the “Golden Week” of late April and early May by reinforcing marketing activities such as discount offers, free gifts and more interpreters.More shops are also informing that they are “Tax Free” shops that the [...]

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] Aroma Candle, a New Popular Item for New Age Consumers

[Kobiz Feature] Aroma Candle, a New Popular Item for New Age Consumers

SEOUL, Korea, April 11 (Korea Bizwire) – There may be several different ways for anyone to recall past memories. Some may rely on browsing through old photo albums, personal journals, or letters. But some others are reminded of long forgotten memories from a whiff of smell. It is a well-established fact among scientists that olfactory memory is [...]

Down-aging Marketing, the Secret Recipe for Success

Down-aging Marketing, the Secret Recipe for Success

SEOUL, Korea, April 3 (Korea Bizwire) – A 33 year-old woman surnamed Kim buys beauty products from a road shop in Myeong-dong. One year ago, when she first visited this store, it took a lot of courage because the brand in particular was known to target women in their 20s. However, upon taking a step [...]