SEOUL, June 23 (Korea Bizwire) — More than two thirds of South Koreans from the so-called MZ generation see income inequality as a social problem. Accounting firm Deloitte Anjin LLC announced the results of a survey conducted by Deloitte Global with the participation of 22,928 millennials (born between 1983 and 1994) and Generation Z (born [...]
SEOUL, May 17 (Korea Bizwire) — Pop-up boutiques at department stores are turning into platforms for exhibitions and simulations to attract members of the MZ generation who are more accustomed to online shopping than offline. The MZ Generation encompasses millennials and Generation Z, referring to those born between 1980 and 2010. Since May 7, Lotte [...]
SEOUL, May 6 (Korea Bizwire) — The MZ generation, or those in their 20s and 30s, are rattling South Korea’s financial market. They are known as the desperate generation, for whom their life savings isn’t enough to buy a single home, and saving up for retirement is only a dream. Hence, they resort to aggressive [...]
SEOUL, April 20 (Korea Bizwire) — Hyundai Department Store Co., a major department store chain, has taken the initiative to innovate its reporting system as part of efforts to make itself a better workplace for the MZ generation, which refers to those born between 1980 and the early 2000s as a combination of millennials and [...]
SEOUL, Feb. 8 (Korea Bizwire) — While conglomerate employees have always had complaints about bonus payments, the issue has once again reached a head after this year’s raging disputes between management and labor unions have spotlighted the importance of rewarding systems and internal communication. While SK hynix Inc., South Korea’s No. 2 chipmaker, took the [...]
SEOUL, Nov. 30 (Korea Bizwire) — A growing share of the MZ generation, a combination of the millennials and Generation Z, are engaging in sports activities previously popular among older Koreans such as golf, hiking, and camping. An increasing number of posts on Instagram and other social networking platforms have shown that the younger generation [...]
SEOUL, Oct. 4 (Korea Bizwire) — Major local department stores have renovated their outlets in bustling areas and realigned sales sections in an effort to attract a new clan of young customers amid faltering sales hit by the new coronavirus outbreak, industry sources said Sunday. Industry leader Lotte Department Store and its main rivals Shinsegae [...]
SEOUL, Sept. 23 (Korea Bizwire) — Department stores are undergoing renovations to attract the so-called MZ generation, encompassing the Millennials and Generation Z. After its first renovation in 11 years, Hyundai Department Store’s Jungdong Branch reopened the ‘U-Plex’ Fashion House on Wednesday in Bucheon, west of Seoul. The store houses 130 domestic and international fashion [...]
SEOUL, July 3 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecommunications firm, has revealed details of a “reverse mentor” program in which new employees born in the 1990s serve as mentors for high-ranking executives. The goal is for the new employees to share knowhow on how to better communicate with the so-called [...]
SEOUL, June 3 (Korea Bizwire) — The MZ Generation that grew up with digital media are gaining interest in sports media content. They are a combination of the Millennials, born after the 1980s and experienced both in analog and digital culture, and the Z generation, born after the mid-1990s in a digital environment. The Korea [...]