SEOUL, Oct. 2 (Korea Bizwire) — The sleep industry is on the rise, which has even led to a new word, “sleeponomics,” a portmanteau of sleep and economics. A market that was worth 500 billion won (US$414 million) in 2012 recently surpassed the 2 trillion won milestone. The sleep market is expected to surpass 3 [...]
SEOUL, May 11 (Korea Bizwire) — Although consumers can now let out a sigh of relief following the announcement that beds produced by Daijin contained radon levels lower than government standard, it is still problematic for many as it was confirmed that radioactive substances were detected. The Nuclear Safety and Security Commission announced yesterday that [...]
SEOUL, Dec. 13 (Korea Bizwire) – One of the newest trends for Korean retailers is “sleep consulting” – a concept store, or a service, providing everything one needs to know to improving quality of sleep. The Hyundai Department Store in Mokdong, Seoul, was among the first to introduce such an outlet. Dubbed Beyond Sleep, the [...]
SEOUL, July 19 (Korea Bizwire) – With more Koreans suffering from chronic fatigue and sleep disorders, companies developing sleep aids are looking for opportunities to attract sleep-deprived people with products promising improved sleep. Since long working hours and a stressful environment can cause sleep deprivation for many people, as experts say, the desire to get a good [...]