resale market Archives | Be Korea-savvy

Thriving Resale Market Heats Up Amid High Inflation and Interest Rates

SEOUL, Feb. 5 (Korea Bizwire) – As consumers grapple with rising inflation and interest rates leading to a domestic slowdown, the recommerce market, involving the resale of used items and collectible goods like luxury and limited edition products, is gaining momentum. Estimates suggest that the domestic recommerce market has recently surpassed a value of 30 trillion [...]

Forget About Stocks: Sneakers Can Get You Heftier Returns

SEOUL, July 16 (Korea Bizwire) — In Hongdae, Seoul’s popular district for its upbeat nightlife and indie scene, a long line is sometimes formed for hours on end. A casual observer might imagine a celebrity meet-and-greet event or a line to buy tickets for a rock concert. In fact, they wait for hours to buy [...]