SEOUL, Nov. 28 (Korea Bizwire) — Non-alcoholic and sugar-free zero-calorie drinks are gaining popularity in the liquor market as the pursuit of the so-called “healthy pleasure” lifestyle, in which people stay healthy by doing what they like, is becoming a new trend. Hite Jinro Co.’s alcohol-free Hite Zero 0.00 beer reached sales of 100 million [...]
SEOUL, Nov. 21 (Korea Bizwire) — As South Korea enters its first end-of-year season without any social distancing rules in three years, a growing number of consumers are looking for short jackets and long boots to stay warm this winter. Online shopping mall Gmarket analyzed the increase in winter apparel sales from Oct. 12-Nov. 13 [...]
SEOUL, Nov. 14 (Korea Bizwire) — An increasing number of consumers are attempting to eliminate depression and refresh themselves using their favorite fragrances after the onset of the COVID-19 pandemic. The home fragrance lines of the niche perfume brands Diptyque and Byredo saw their Nov. 1-10 sales rise by 20.4 percent and 28.1 percent, respectively, [...]
SEOUL, Nov. 10 (Korea Bizwire) — Department stores have reported strong sales thanks to the increase in outdoor activities resulting from the lifting of social distancing rules, but smaller stores have seen their sales stagnate. The nation’s retail sales amounted to 408.4 trillion won in the January to September period of this year, up 7.4 [...]
SEOUL, Nov. 7 (Korea Bizwire) — Kimchi made by luxury hotels is gaining popularity despite prices that are twice as high as similar products. Josun Hotels & Resorts, which sells 22 kinds of kimchi, saw its traditional side dish sales jump by 59 percent last year compared to a year earlier. Accumulated kimchi sales this [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s Hyundai Motor Co. topped sales charts in the global hydrogen vehicle market during the January-September period, a market research firm said Thursday. SNE Research reported that 14,400 hydrogen fuel-cell electric vehicles (FCEVs) were sold worldwide in the nine-month period, up 10.1 percent from last year. Hyundai, led [...]
SEOUL, Nov. 3 (Korea Bizwire) – Sales of imported vehicles in South Korea jumped 35 percent last month from a year earlier despite the extended chip shortage, an industry association said Thursday. The number of newly registered foreign vehicles stood at 25,363 units last month, up from 18,764 units a year ago, the Korea Automobile [...]
SEOUL, Nov. 2 (Korea Bizwire) — Hyundai Motor Group said Wednesday its overall vehicle sales in the United States rose 7.9 percent last month from a year earlier despite the extended chip shortage. Hyundai Motor Co., its independent Genesis brand, and Hyundai’s smaller affiliate Kia Corp. sold a combined 123,233 vehicles in the world’s most [...]
SEOUL, Oct. 31 (Korea Bizwire) — Sales of zero-calorie drinks are on the rise in the post-pandemic era as more people from the younger generation look after their health. Convenience store chain CU reported a more than 15-fold increase in sales of zero-calorie beverages this year compared to 2019, up by 112.5 percent from last [...]
SEOUL, Oct. 31 (Korea Bizwire) — Retail sales in South Korea grew 7.5 percent on-year in September on an increase in people’s outdoor activities amid eased antivirus curbs, data showed Monday. The combined sales of 25 major offline and online retailers came to 14.21 trillion won (US$9.98 billion) last month, compared with 13.2 trillion won [...]