SEOUL, June 8 (Korea Bizwire) — Sales of Korean novels achieved record high growth in the first half of this year amid the prolonged pandemic, the country’s biggest bookstore chain said Tuesday. According to Kyobo Book Center’s analysis of best sellers and book sales trends for the first half of this year (from January 1 to June [...]
SEOUL, June 7 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 2.4 percent last month from a year earlier as a chip shortage continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles stood at 23,512 units last month, down from 24,080 units a year [...]
SEOUL, May 30 (Korea Bizwire) — Retail sales in South Korea rose 10.6 percent on-year in April on the back of growing demand for fashion-related items and luxury goods amid eased antivirus curbs to support people’s return to normalcy, the industry ministry said Monday. The combined sales of 25 major offline and online retailers reached [...]
SEOUL, May 18 (Korea Bizwire) — As an increasing number of young collectors are leading the booming art market in South Korea, listed auction houses have seen rising sales in the first quarter of this year. Seoul Auction, a major auction house and a gallery operator, sold 21.6 billion (US$17 million) won worth of art [...]
SEOUL, May 17 (Korea Bizwire) — The Korean coming-of-age novel “Almond,” written by Sohn Won-pyung, has sold 1 million copies five years after its release, the book’s publisher said Tuesday. Changbi Publishers said it has issued a special edition of “Almond,” which was first published in 2017, to celebrate the book passing the million marker. [...]
SEOUL, May 17 (Korea Bizwire) — The combined first-quarter sales of major firms in South Korea surpassed the 700 trillion-won (US$545 billion) mark for the first time on strong performances by chips, electronics, petrochemicals and auto manufacturers, a corporate tracker said Tuesday. The total top line of 344 out of South Korea’s top 500 companies [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s major listed firms saw their sales jump more than 16 percent to an all-time high in 2021 despite the prolonged coronavirus pandemic, a corporate tracker said Thursday. The combined top line of the country’s leading 1,000 companies by sales stood at 1,734 trillion won (US$1.35 trillion) last [...]
SEOUL, May 10 (Korea Bizwire) — Small-sized trucks like the Porter and Bongo have emerged as Hyundai Motor Group’s best-selling models this year. Hyundai Motor Co. sold 8,423 units of Porter at home last month, making the truck its best-selling model, while sister company Kia Corp. sold 6,402 units of Bongo, also ranking as the [...]
SEOUL, May 4 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 9.8 percent last month from a year earlier as chip shortages continued to affect vehicle production, an industry association said Wednesday. The number of newly registered foreign vehicles fell to 23,070 units last month from 25,578 units a year ago, the [...]
SEOUL, May 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Monday their vehicle sales continued to fall last month due to the impact of the global chip shortage on vehicle production. Hyundai Motor’s sales fell 12 percent to 308,788 vehicles from 349,184 units a year earlier, while Kia’s declined [...]