price increase Archives | Be Korea-savvy

Breweries Considering Price Increases

SEOUL, Dec.23 (Korea Bizwire) – After the price of soju went up, consumers are waiting to see if beer prices will follow suit. Brewery officials made an official statement that they are not looking into price increases, even though there are factors that could be seen as justifying a bump in prices. OB Beer and [...]

Chanel Announces 6-7% Price Increases for Bags

SEOUL, Oct. 30 (Korea Bizwire) – After lowering the prices of certain products earlier this year, Chanel announced that it will be increasing prices next month. According to industry watchers, Chanel will raise the price of its ’2.55 Vintage’ from 6 million won to 6,390,000 won, and ‘Timeless CC’ from 3,410,000 won to 3,630,000 won, [...]